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Retail gasoline demand down on $4 pricetag »

Posted by: STONERS 1 month, 3 weeks ago

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U.S. retail gasoline demand remained in a slump as high prices at the pump trimmed demand for the fuel, MasterCard Advisors said Tuesday.

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    STONERS1 month, 3 weeks ago

    "The regional year-over-year view shows all regions but the Midwest are consuming less gasoline when compared to a similar week in 2007," said Michael McNamara, vice president of research and analysis at MasterCard Advisors.

    "U.S. consumers were pumping about 200,000 barrels per day less gasoline than they were at this time last year."

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      STONERS1 month, 3 weeks ago

      "Fourth of July weekend is traditionally the busiest holiday travel weekend of the year. But for the first time in 10 years, travel is expected to decline, according to the travel and leisure group AAA."

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    Amazing11 month, 3 weeks ago

    Well, duh! People are planning their errands in the most energy efficient ways. They are riding the bus. Doing their shopping with a list so they don't forget and have to go back for anything. They are turning off their cars in the drive-in banking lanes. Some are looking for jobs closer to home. And some are even considering moving closer to their jobs.

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