On Apr 13, 2007, at 2:58 PM, Dennis Claxton wrote:
> State's drivers are pumping less gas
>
> Californians slowed their fuel guzzling last year
> as prices hovered above $3 a gallon.
> By Elizabeth Douglass
If only that were true nationally. On a year-to-year basis, during the run-up in gas prices over the last few years, U.S. demand only went negative in the fall of 2005 (down 3.5% from Sep 04 to Sep 05, and slightly from Oct 04 to Oct 05). That's when gas hit nearly $3/ gal nationally. Now, it's pushing back to those levels, yet demand is up 3.8% over last April.
Doug