18.05.2011 - IEA sees U.S. gasoline demand falling
Overall gasoline demand in the U.S. market in 2011 is expected to decline 1.5 percent compared with 2010, the IEA said. Gasoline prices in most U.S. markets are hovering around $4 per gallon in part because of modest economic recovery and conflict in the Middle East. The International Energy Agency states that if gasoline prices remain high, demand should fall compared with 2010 even when considering seasonal spikes during the upcoming summer driving season..............................................Full Article: Source
Print