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EIA Gasoline Stocks Change

The 'EIA Gasoline Stocks Change' is a weekly report released by the U.S. Energy Information Administration that measures the change in the amount of gasoline held in inventory by refineries, bulk terminals, and pipelines. It is significant because it provides insights into supply and demand dynamics in the gasoline market, influencing gasoline prices and, consequently, consumer spending and inflation. Financial markets closely monitor this data as it can impact energy stocks, the broader stock market, and the U.S. dollar, especially if the reported figures deviate significantly from expectations.