Driving Season in U.S. May Beat Forecasts, IEA Says

(Bloomberg) — Fuel demand during the U.S. summer driving season may prove stronger than projected as consumers recover from the shock of the global financial crisis, an International Energy Agency official said.

The peak U.S. gasoline consumption period lasts from the Memorial Day holiday until Labor Day in early September, as Americans take to the highways for vacations. New York benchmark oil rose beyond $67 today for the first time since November, as China