Retail gasoline demand down on $4 pricetag »
Posted By STONERS 3 months, 1 week ago in Business & FinanceU.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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STONERS3 months, 1 week 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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Amazing13 months, 1 week 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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