[max_power29]

No price can curb demand alone. Only a severe depression with no access to credit cards or actual physical shortages will lower consumption.

[cube]

$this->bbcode_second_pass_quote('max_power29', 'N')o price can curb demand alone. Only a severe depression with no access to credit cards or actual physical shortages will lower consumption.

[max_power29]

$this->bbcode_second_pass_quote('cube', '
')I think a more realistic scenario would be Americans driving *gasp* smaller cars to save fuel.

[UncoveringTruths]

$this->bbcode_second_pass_quote('', 'N')EW YORK (CNNMoney.com) -- Gasoline demand has fallen for the first time in years as drivers appear to recoil from near-record prices, throwing doubt on America's seemingly insatiable thirst for fuel.

Growth in gasoline demand has been slowing all year. In five of the last seven weeks, the amount of gas that Americans consume has actually fallen compared to the same time last year, according to retail sales data gathered by MasterCard SpendingPulse, a research report that tracks gasoline sales using MasterCard, other credit cards and cash purchases at approximately 140,000 service stations around the country.

[AirlinePilot]

Be careful here. I see this alot and cornucopians and denialists use this stuff ALL THE TIME.

GROWTH IS FALLING. Demand is not. Demand continues to grow, albeit at a slightly slower rate year over year. While its good that we are starting to see an impact here in the states, remember this does not mean it is getting "better". I am confident that any decline in the GROWTH of demand here will be used up somewhere else where its still affordable. The only real number that matters is worldwide usage year over year. By even conservative estimates I do believe this is going to increase.

Someone prove me wrong please, I'll be glad to acknowledge my error!

[Armageddon]

I'll be glad to acknowledge my error!

============================

Do you have a thermometer handy ?

[pup55]

Here is a graph. EIA data.

Since the stock market took a tumble at the end of July, the growth has been sporadic. Thanksgiving week was particularly low for some reason.

[joewp]

$this->bbcode_second_pass_quote('pup55', 'T')hanksgiving week was particularly low for some reason.

[DantesPeak]

It's possible that credit card limits, such as $50 per fill-up, are preventing consumers from charging the entire amount of gasoline on credit cards.

While the last four weeks compared to last year are only up 0.4% - almost unchanged - that's still fairly strong considering high prices and a subtle shift to using more diesel.

[heroineworshipper]

Since October, have personally seen people ditching sedans for SUV's as if they threw in the towel and decided they might as well spend big before gas hits $20.

Of course, they're all Japanese SUV's.

[Armageddon]

$this->bbcode_second_pass_quote('heroineworshipper', 'S')ince October, have personally seen people ditching sedans for SUV's as if they threw in the towel and decided they might as well spend big before gas hits $20.

Of course, they're all Japanese SUV's.

[Ferretlover]

HHmmm... Does not take into account those who purchase gas with cash; also assumes that that no-one has credit cards that are not maxed out......

[gnm]

$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('heroineworshipper', 'S')ince October, have personally seen people ditching sedans for SUV's as if they threw in the towel and decided they might as well spend big before gas hits $20.

Of course, they're all Japanese SUV's.

[Armageddon]

$this->bbcode_second_pass_quote('gnm', '')$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('heroineworshipper', 'S')ince October, have personally seen people ditching sedans for SUV's as if they threw in the towel and decided they might as well spend big before gas hits $20.

Of course, they're all Japanese SUV's.

[lizzybeth]

I wonder if the winter storms are keeping people at home more?

[ClubOfRomeII]

$this->bbcode_second_pass_quote('', 'N')EW YORK (CNNMoney.com) -- Gasoline demand has fallen for the first time in years as drivers appear to recoil from near-record prices, throwing doubt on America's seemingly insatiable thirst for fuel.

[frankthetank]

I tried paying with a few shavings of a gold bar i have, but they laughed... Visa card worked just fine?

[FrankRichards]

$this->bbcode_second_pass_quote('AirlinePilot', '
') Someone prove me wrong please, I'll be glad to acknowledge my error!

[TonyPrep]

The data for all crude oil and petroleum products, at the EIA, shows a decline over 2006 for all months from June to September. The previous months of the year, apart from March, showed an increase over the figures for the same months in 2006. Some of the 2004 months show greater consumption than 2007, so there is probably some noise in there, but it sure looks like consumption is down. That must reflect in economic growth, if it hasn't already.

[jbeckton]

$this->bbcode_second_pass_quote('AirlinePilot', 'B')e careful here. I see this alot and cornucopians and denialists use this stuff ALL THE TIME.

GROWTH IS FALLING. Demand is not. Demand continues to grow, albeit at a slightly slower rate year over year.