According to the American Petroleum Institute's (API) Monthly Statistical Report, 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. Though the drop in demand is minuscule, it does provide us with an indication that despite low gas prices and a rebounding economy, U.S. demand for gas continues to wane.
Gas Price Hikes
We all love to see high fuel prices, right? Well, some of us might, but the majority of us would rather not pay through the roof for a gallon of gas. There's definitely a consensus that high gas prices are good for the environment in many ways, but few of us are willing to foot the bill to help out Mother Nature's cause.