 [ZeroHedge] "What is more bearish to the market is this notion that gasoline demand is falling away; we think that's a very mistaken notion based on very crooked numbers from the [DOE] weekly data set... The way that the numbers are computed leaves significant room for error. We are supposed to believe that in July, in the middle of driving season we are only using 8.6 million barrels per day. That would be down half a million barrels a day from May of this year; that would be below the Covid low of 2020. So we ask all the refiners, we ask all the retailers, we ask everybody that reported earnings this season. Every single one of them tells you that their sales are not down materially from even pre-covid days. Some report record high sales."
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