July 23, 2010

Gasoline Demand Falls 0.6% In The First Half Of 2010

The American Petroleum Institute (API) is reporting that gasoline deliveries in the first six months of 2010 were 0.6% lower than during the same period last year.

Reflecting the ongoing sluggish economic recovery, U.S. gasoline deliveries for the first half of 2010 averaged 8.88 million barrels per day, 0.6 percent lower than the corresponding period a year ago, according to the American Petroleum Institute’s Monthly Statistical Report for June.

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