A broker on CNBC earlier today said that gasoline consumption should be going up, because the price is dropping. Instead gasoline consumption was going down during most of 2015, and that trend continues in 2016. The broker still maintains that the people are driving less and saving cash / or paying off bills.This updates my recent commentary on this subject. I'm glad to see a CNBC talking head is reading the blog. LOL.
Monday, January 11, 2016
Glad To See CNBC Talking Heads Reading The Blog -- January 11, 2016
Gasoline demand: Don sent me this note; he knows I don't have cable television so I am unlikely to see CNBC:
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