(EnergyAsia, October 2, Tuesday) — High oil prices are hurting US consumers as evidenced by last year’s 0.6% decline in oil consumption to their lowest levels since 2003.The US Energy Information Administration said the country’s oil demand fell to 20.687 million barrels a day as consumers reacted to $70 oil by using less of it…
MARKETS: US oil demand fell 0.6% in 2006
Posted on October 1, 2007 by EnergyAsia