online.wsj.com - 2/25/2009
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Months after soaring fuel prices spurred U.S. drivers to cut back on their driving, demand for gasoline is slowly coming back, helping to push up depressed oil prices.
Demand for gasoline has nudged up above last year's levels for the past couple of weeks, government data released Thursday ...
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Miles and miles
Grist - the Latest from Grist —
... Update: Looks like the Wall Street Journal is reading the same tea leaves I am. Gas consumption is still down compared with a year ago, but it's edging up a bit. ...
As Gas Prices Drop, VMT Rises
Planetizen - Urban Planning, Design and Development Network —
... since the previous February -- suggesting, perhaps, that low prices are beginning to subtly boost driving. The nationwide decrease in (December, 2008) in year-over-year travel registered at only about 1.2 percent -- a significant cut, but nothing like what we saw earlier in the year, when year-over-year declines reached as high as 5.6 percent. We'll keep our eyes on the numbers. I'm betting that, if gas prices stay low, we may see a pause in the decline in vehicle travel." From WSJ: Gas Demand Edges Higher, Lifting Crude : "Months after soaring fuel prices spurred U.S. ...
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