Gasoline Demand Is Plunging While Price Per Gallon Heads Higher

| February 10, 2012

Gasoline deliveries have in the past reflected recession or growth.  If so, the recent drop in retail gasoline deliveries may signal a sharp economic contraction dead ahead.  Or… a new normal because of rising fuel economy? Note that petroleum usage is back to 1997 level and gasoline usage is back to 2001 level. Moreover, two out of the last three weeks gasoline […]

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