US retail gasoline demand year-to-date down 1 pct-MasterCard

VaPrius · 05-16-2008, 06:02 PM

Quote:

Originally Posted by patsparks

They would rather not feed their children.

Kids aren't cost effective. Oh wait, that's hybrids.

Sufferin' Prius Envy · 05-16-2008, 08:16 PM

Wait a minute!!!!

You people, of all, are surprised????

The United States is the largest purchaser of Prii . . .
. . . AND YOU DIDN'T EXPECT GASOLINE DEMAND TO GO DOWN??

Man, those Prii are goooooooood!

chogan2 · 05-17-2008, 05:51 AM

The Dep't of Energy's data says it's more like 2.5% year-over-year reduction, through Feb. 2008 (their most recent posted data, see attached). The data seem a little volatile, but demand was down 2.5% or more in each month since Dec 2007.

I wonder if the Mastercard data are understating the true drop. There's a lot of popular press about people running up credit card debt to pay for basics including gas. The lower Visa number might the drop in purchases partially offset by some former cash customers who are now putting their gas purchases on their credit cards.

Anyway, there appears to be independent confirmation of the drop from DOE.

EDIT: Attachment doesn't show. Data are at:
U.S. Total Gasoline All Sales/Deliveries by Prime Supplier (Thousand Gallons per Day)

VaPrius · 05-17-2008, 09:35 AM

Quote:

Originally Posted by chogan2

The Dep't of Energy's data
U.S. Total Gasoline All Sales/Deliveries by Prime Supplier (Thousand Gallons per Day)

Their Annual data has gasoline sales equal to approx. one month's worth. At least one of their summaries is wrong. Interesting though.

05-16-2008, 08:16 PM	#12
Sufferin' Prius Envy Platinum Member Join Date: Jul 2004 Location: Sacramento Posts: 3,742 My Car: 2005 Prius Package: #4 Nominated 15 Times in 1 Post TOTM Awards: 1 Friends: 0	Re: US retail gasoline demand year-to-date down 1 pct-MasterCard Wait a minute!!!! You people, of all, are surprised???? The United States is the largest purchaser of Prii . . . . . . AND YOU DIDN'T EXPECT GASOLINE DEMAND TO GO DOWN?? Man, those Prii are goooooooood!

05-17-2008, 05:51 AM	#13
chogan2 Senior Member Join Date: Feb 2008 Location: Virginia Posts: 277 My Car: 2005 Prius Package: #4 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 2	Re: US retail gasoline demand year-to-date down 1 pct-MasterCard The Dep't of Energy's data says it's more like 2.5% year-over-year reduction, through Feb. 2008 (their most recent posted data, see attached). The data seem a little volatile, but demand was down 2.5% or more in each month since Dec 2007. I wonder if the Mastercard data are understating the true drop. There's a lot of popular press about people running up credit card debt to pay for basics including gas. The lower Visa number might the drop in purchases partially offset by some former cash customers who are now putting their gas purchases on their credit cards. Anyway, there appears to be independent confirmation of the drop from DOE. EDIT: Attachment doesn't show. Data are at: U.S. Total Gasoline All Sales/Deliveries by Prime Supplier (Thousand Gallons per Day) Last edited by chogan2; 05-17-2008 at 05:54 AM.

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