reuters.com - 12/17/2008
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NEW YORK (Reuters) - Retail gasoline demand in the world's largest consuming nation fell 2.5 percent in the week ended December 12 even as prices at the pumps dropped more than a dime, according to a MasterCard SpendingPulse report released Tuesday. Gasoline demand averaged 9.098 million barrels ...
reuters.com - 12/10/2008
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reuters.com —
WASHINGTON (Reuters) - Global oil demand will contract
for the first time since the early 1980s as...
world economic growth slows to a near standstill, the U.S. government said on Tuesday. The forecast for 2008 and 2009 is bad news for energy companies ...
(more)
World oil demand to fall for first time in decades
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U.S. gasoline demand drops despite lower prices
Peak Oil News —
... demand averaged 9.098 million barrels per day during the week, down 2.5 percent from the previous week and down 5.4 percent from the same week a year ago, according to the weekly report. The decline in consumption came even as pump prices fell 11 cents to average $1.67 a gallon, according to the report. U.S. fuel demand has declined in recent months despite falling energy prices as a financial crisis stemming from the soured housing market squeezed consumer spending and confidence. Reuters
DrumBeat: December 17, 2008
The Oil Drum —
... cuts oil sands output as prices slide
CALGARY (Reuters) - Connacher Oil and Gas Ltd said on Monday it will cut bitumen production at its Alberta oil sands project as prices sink below costs, the first Canadian producer to take such action in the wake of falling oil prices.
Connacher said it will restrict output from its Great Divide project to 5,000 barrels a day for an undetermined period, down from recent rates of about 9,000 barrels a day.
U.S. gasoline demand drops despite lower prices
NEW YORK (Reuters) - Retail gasoline ...
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