Americans continue to buy less gasoline (more diesel)
Gasoline demand dropped 1.8% to 8.65 million barrels a day last month compared with the same month in 2010. It was the lowest level of November consumption for the motor fuel since 2000, according to the report.
"Flagging gasoline demand suggests the consumer sector of the economy is still treading water," John Felmy, chief economist with the Washington-based API, said in the report. "The distillate numbers show the industrial sector is faring better."
Consumption of distillate fuels, a category that includes diesel and heating oil, rose 4.3% to 4.04 million barrels a day in November, the highest level for the month since 2007.
Demand for ultra-low sulfur diesel, the type used on highways, climbed 7.9% to average 3.66 million barrels a day, the report showed. Heating-oil use dropped 21% to 380,000 barrels a day.
http://www.latimes.com/business/la-fi-fuel-demand-20111222,0,471269.story
