Stocks of gasoline in the United States declined for the fourth straight week, down by 4.624 million barrels in the week ended March 8th of 2019, following a 4.227 million decrease in the previous week and compared to market expectations of a 2.9 million drop. It is the biggest decline since the week ended October 19th of 2018. Gasoline Stocks Change in the United States averaged 23.05 Thousand Barrels from 1990 until 2019, reaching an all time high of 11456 Thousand Barrels in May of 1993 and a record low of -8428 Thousand Barrels in September of 2017.
Gasoline Stocks Change in the United States is expected to be 2200.00 Thousand Barrels by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gasoline Stocks Change in the United States to stand at 500.00 in 12 months time. In the long-term, the United States Gasoline Stocks Change is projected to trend around 2000.00 Thousand Barrels in 2020, according to our econometric models.