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Gas Use Hits Record Low, Prices Still Sky High

Increasing supply fails to dent price

By Peter Fearon, Newser Staff

Posted Jul 10, 2008 2:21 AM CDT

(Newser) – Soaring gas prices are changing Americans driving habits, cutting consumption to the lowest levels in five years, reports the Wall Street Journal. Gas consumption dropped by 3.3% to 9.3 million barrels a day compared with last year's Fourth of July holiday. Some 62%... Read full story »

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Gas Use Hits Record Low, Prices Still Sky High

Increasing supply fails to dent price

gas • diesel • gas prices • oil refineries • New York Mercantile Exchange • Energy Information Administration • oil consumption • Schork Group • gas consumption

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Even Texas Is Going Electric

Gas costs make 'golf carts' smart choices

US Gas Supplies Hit 2-Year Low

Drop coincides with end of summer vacation season

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