Wednesday Off-Topic (Moderated) Open Thread (020112)
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| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Jan | Mar » | |||||
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | ||||
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
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