February 1, 2012

Wednesday Off-Topic (Moderated) Open Thread (020112)

Filed under: Lucid Links — Tom @ 7:15 am

Rules are here. Possible comment fodder may follow later. Other topics are also fair game.

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2 Comments

  1. Check out this link of gasoline demand destruction over the past 12 months. And remember that 2010 was low to begin with.

    http://www.eia.gov/oog/info/twip/twip_gasoline.html

    Comment by Scott — February 2, 2012 @ 7:18 am

  2. The demand drop at the very bottom is consistent with a more detailed report I’ve been following on and off. Since prices haven’t moved around that much, that kind of drop-off tells me that growth isn’t going to come in during 1Q12 as predicted, and looking back a bit, 4Q11 seems ripe for downward revisions.

    Comment by TBlumer — February 2, 2012 @ 7:52 am

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