U.S. oil consumption keeps on dropping, ExxonMobil execs admit
Yes, Exxon Mobil executives now say that consumption of gasoline in the U.S. has peaked. [A quick aside: does this strike anyone else as a different and highly ironic type of peak oil?] The lifestyle changes that you, I and everyone else is making (intentionally or because of the down economy) are having an impact. One indicator: the WSJ says, "There are 11% fewer places to pump gas in the U.S. today than there were a little over a decade ago." Of course, as we slow down, places like India and China are ramping up, so global demand won't necessarily decrease. There's much more in the Journal and a video about the closing gas stations after the jump.
[Source: WSJ via Domestic Fuel]
Photo by Bill in Ash Vegas. Licensed under Creative Commons license 2.0.
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