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Refiners Cheer Good Start to U.S. Driving Season

Summary by Oil Price
U.S. gasoline consumption over Memorial Day weekend, the start of the U.S. driving season, rose by 2% from the same weekend last year as consumers took advantage of lower prices at the pump. The higher demand at the start of the summer driving season suggests good profits for the U.S. oil refiners that make the fuel, at least for now. The lower gasoline prices compared to last year gives a big push up to U.S. gasoline consumption. Prices were $3…

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Oil Price broke the news in London, United Kingdom on Friday, May 30, 2025.
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