The numbers are also creating debate as to whether economic activity is slowing or whether renewables are stepping up their game in the quest to overtake fossil fuels. "The gasoline situation was going to be looked at by everybody and it definitely disappointed," Mizuho analyst Robert Yawger told Reuters, adding that "If that's indicative of the performance of the economy, that's bad all around." The EIA inventory report showed U.S. distillates adding 600,000 barrels to inventory for the week ended May 3, with average production at 4.8 million barrels per day. Gasoline inventory also increased by 900,000 barrels for the week ended May 3, with production averaging 9.5 million barrels per day. Join the discussion | Back to homepage