Don sent me this. I have not followed US gasoline consumption in quite some time.
This graph (linked) blows me away.
With all the good news about the economy, the unemployment rate dropping, and the price of oil, I never would have expected this.
When you get to the link, scroll to the bottom of the page to see gasoline consumption in the US since March, 2010.
This is a very troubling graphic. This is not indicative of a recovering economy. It is not indicative of an improving employment picture. The drop-off is not due to all those Volts being sold.
If this is due at all to the price of gasoline going up another 20 cents or so, I hate to think what the graph will look like when gasoline goes up another 60 cents this spring as predicted by some pundits. It will be interesting to see if CarpeDiem.com comments on this graph.
