Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Petroleum supply monthly, August 1988

Technical Report ·
OSTI ID:6756274
Total US demand for petroleum products (measured as products supplied) averaged 17.4 million barrels per day in August 1988. This is over 0.8 million barrels per day above the level for July and over 1.0 million barrels above the level for August 1987. Total product supplied for the first 8 months of 1988 was 2.5 percent higher than during the same period in 1987. Demand for all major products increased in August, with distillate, asphalt and road oil, and residual fuel oil showing the largest gains. Other highlights for August 1988 include: stocks of crude oil, excluding the Strategic Petroleum Reserve (SPR), dropped 16.2 million barrels in August to 333.2 million barrels; total product stocks increased for the second month in a row, rising 9.4 million barrels to 735.4 million barrels; and the US refinery utilization rate increased from 86.5 percent in July to 87.4 percent in August. 12 figs.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Office of Oil and Gas
OSTI ID:
6756274
Report Number(s):
DOE/EIA-0109(88/08); ON: DE89002157
Country of Publication:
United States
Language:
English