Less driving means less demand for gas, lower prices

WASHINGTON


That was the second-consecutive week of year-over-year drops. During the last 10 years, weekly gasoline demand has risen 1.6% on average.

“It’s prices and the economy,” EIA senior oil market analyst Douglas MacIntyre says. “We’ve had several months of $3 or so gasoline. People are probably thinking it’s more lasting than a price spike. (And) the slowing down of the economy means people are buying less, going to the store less