- 28 Sep
Fuel Demand 6 Month Average Down
According to the US Energy Information Administration, demand for finished motor gasoline including “fuel ethanol blended into motor gasoline” is down for the first six months of 2011. The first six months of 2011, which is the most recent data captured by the US EIA, shows the per month average for motor fuels consumption down 2%, compared to the first six months of 2010. The monthly consumption average for the first six months of 2011 is 2% lower than 2009 as well.
Fuel Managers are wise to budget their fuel volume plans based on this ongoing decline in demand averages, acknowledging that the overall market in their area could very well be shrinking.