Jan-Feb-March 2012 petroleum and gasoline usage vs. the same three months in prior years.
click on chart for sharper image
Every month for quite some time, the rolling average of petroleum and
gasoline usage has been trending down. The question is "Why?"
Some pin this on car mileage improvements but that answer is easy to
discredit. Fuel efficiency has been rising for more than a decade, but
the plunge did not start until the Great Recession in 2007.However, the Great Recession is over, yet gasoline sales have not rebounded. Is this an indication another recession is on the horizon? That the recession never ended? Something else? (more)
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