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Tuesday, November 10th, 2009

Gas/Diesel Usage Drops

July 3, 2008 by Hilary  
Filed under Computers

Gas/Diesel Usage Drops

WooT! Unfortunately for those who still have to drive a bunch, a drop in demand does not equal a lower price when it comes to fuel. Demand has been down since May, when it was expected to rise with vacation season. The opposite has happened, and prices continue to go through the roof.
Experts aren’t pointing to increased use anywhere in the globe to explain the trend, but say responsibility may lay at the feet of investors. Say the peeps at NATSO:

“markets have attracted a new breed of speculator-non-commercial traders, such as Wall Street investment firms, pension funds, and others who …read more


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