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Retail gasoline sales down 50% since 2007
Department of Energy ^ | October 6, 2012 | Department of Energy

Posted on 10/06/2012 8:50:38 AM PDT by Zhang Fei

Here are some interesting stats on retail gasoline sales from the Department of Energy:



TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: economy; gasoline
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The numbers are just staggering. A 50% drop since 2007.
1 posted on 10/06/2012 8:50:44 AM PDT by Zhang Fei
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To: Zhang Fei

Must be because of those massive Volt sales. /s


2 posted on 10/06/2012 8:53:16 AM PDT by wrench
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To: Zhang Fei

I think I responded to you on another thread...how can this be? After all, I am still stuck in the same traffic jams every time I go to work (Greater Boston area). You would think that if gasoline sales were cut in half, we would be seeing a lot less traffic out there.


3 posted on 10/06/2012 8:54:50 AM PDT by SamAdams76
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To: Zhang Fei

Obama will take credit. It was his plan to throw millions of Americans out of work to end our dependence on foreign oil.


4 posted on 10/06/2012 8:56:58 AM PDT by anonsquared
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To: Zhang Fei
There is the proof that lowering CAFE standards is doing the job, /sarc

The Fed Government's attempt to rewrite the laws of physics. Liberalism IS a mental disorder.
5 posted on 10/06/2012 9:00:16 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Zhang Fei

Perhaps with 23 million people out of work and only half of the college grads finding work, a lot less people are doing a daily trek.


6 posted on 10/06/2012 9:01:36 AM PDT by AlphaOneAlpha
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To: SamAdams76
You would think that if gasoline sales were cut in half, we would be seeing a lot less traffic out there.

They are DOE numbers, of which 30 years' worth are on that chart. I don't know what to tell you, except to say that perhaps plenty of non-freeway traffic outside of rush hour isn't happening today. Think about retail. Restaurants. Construction.

7 posted on 10/06/2012 9:02:12 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Zhang Fei

People can’t afford to drive anywhere, and there are millions who no longer need to drive to work. Home energy costs have probably risen, but that too will drop as more people transition to living around dumpsters and in tent cities. The Oconomy is cleaning up the environment despite the colossal failure of green energy investments.


8 posted on 10/06/2012 9:03:43 AM PDT by pallis
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To: Zhang Fei

Very odd indeed.

If gas sales are down 50%, then why are prices at records?


9 posted on 10/06/2012 9:05:21 AM PDT by PGR88
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To: Zhang Fei

But, but, but...there is a massive “recovery” going on. Zero and the Ministry of Propaganda say so....


10 posted on 10/06/2012 9:07:38 AM PDT by Snuph ("give me Liberty...")
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To: Zhang Fei

The data doesn’t pass the smell test. No data coming from barky’s regime should be trusted.


11 posted on 10/06/2012 9:08:33 AM PDT by rhinohunter
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To: Zhang Fei

I quit my gasoline addiction in 2002, and became a dedicated walker. I haven’t had any kind of emergency where I needed public transportation or a ride from a friend in at least 2 years.

Two people in my community got these mopeds at first to save gas, but then ended up getting rid of their cars, because they just stop using them.

An elderly man up the street has a little cottage business where he takes weed eater engines (I think) and attaches them to bicycles... some of them look like they’re ripping by at 40mph+.

When people do without, they learn new habits, a lot of them are going to figure that they’d just as soon keep that money they used to spend on car payments, insurance, gasoline, oil changes, repairs...


12 posted on 10/06/2012 9:09:45 AM PDT by Tuanedge (Warriors victorious in a hundred battles, flee when a tiger enters their tent.)
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To: Zhang Fei
Google "US total gasoline retail sales by refiners" and you'll find that your linked table/graph represents only about 10% of transactions. It appears from a quick review that this table - U.S. Total Gasoline All Sales/Deliveries by Prime Supplier gives the actual total.
13 posted on 10/06/2012 9:10:09 AM PDT by willieroe
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To: Zhang Fei; thackney
If these are U.S. retail gasoline sales numbers reported by refineries, then perhaps they include a substantial drop due to refineries closing down or reducing capacity? Is the U.S. importing more gasoline now, and less crude oil for refining?

Ping to thackney on this one.

14 posted on 10/06/2012 9:12:49 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: SamAdams76

I’ve been retired since 2008. About two weeks ago I drove my “old” commute route at 8:15 am, one that I’d driven for fifteen years.

I was astonished at how little traffic there was. What used to be a 25 min. rush hour commute took me 12-13 minutes.

“Where are all the cars? Where is everybody?”

The only thing I could conclude was that REAL UNEMPLOYMENT IS 20%!!!! EVERYONE’S AT HOME BECAUSE NO ONE HAS JOBS!!!!


15 posted on 10/06/2012 9:14:15 AM PDT by oprahstheantichrist (The MSM is a demonic stronghold, PLEASE pray accordingly - 2 Corinthians 10:3-5)
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To: PGR88
If gas sales are down 50%, then why are prices at records?

My guess? Non-US demand for oil is increasing in leaps and bounds. Production isn't increasing by enough to lower prices:


16 posted on 10/06/2012 9:15:03 AM PDT by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: SamAdams76

I am seeing a lot less traffic here in Ohio.Our farm is on a main highway and it’s very noticable how many fewer cars are on the road.Fewer trains running on the CSX tracks behind our farm too.The major cities like yours may still be crowded with traffic,but out here it’s a lot less than a few years ago.


17 posted on 10/06/2012 9:15:45 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: Zhang Fei

Well come to think of it, there does seem to be less weekend traffic. Maybe people are just driving to and from their jobs (those that work) and that’s about it.


18 posted on 10/06/2012 9:17:27 AM PDT by SamAdams76
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To: SamAdams76

It means that there is a lot less commerce going on out there especially the construction sector.


19 posted on 10/06/2012 9:17:40 AM PDT by tiki
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To: Zhang Fei
Currently $3.90 in central PA this weekend



             

20 posted on 10/06/2012 9:17:51 AM PDT by tomkat
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To: anonsquared

That explains where all those new jobs are coming from — selling bicycles and cleaning up behind horses.


21 posted on 10/06/2012 9:19:09 AM PDT by AZLiberty (No tag today.)
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To: Zhang Fei

I am wondering about the methodology for this data because it doesn’t add up to real consumption. For instance why was there a sudden 20% drop between September and October 2011 last year? From 2008 to then was a straight line down, but then a big stepwise jump.

Is this the full set of refiners? Could it be only domestic refineries and the difference more refined gas from other countries?


22 posted on 10/06/2012 9:21:19 AM PDT by Flying Circus
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To: PGR88

ding ding ding


23 posted on 10/06/2012 9:21:46 AM PDT by Sacajaweau (r)
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To: PGR88
If gas sales are down 50%, then why are prices at records?

Good question.

24 posted on 10/06/2012 9:22:01 AM PDT by Uncle Chip
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To: pallis

Home energy usage is going down because families such as ours are very stringent in cutting energy waste: no TVs, radios, lights, computers running when they are not used; air conditioning set at 79 in summer and heating at 69 in winter, no outdoor lighting except one security light, doing the laundry at off-peak hours.

There are many ways to cut sky-rocketing utility bills....but we still plan to have our own generator and go completely off the grid out here in rural America.


25 posted on 10/06/2012 9:22:40 AM PDT by txrefugee
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To: Zhang Fei

The price has doubled, so Obama’s friends in Big Oil are getting the same money for half the gasoline. Where’s the outrage?

With cars running half the normal mileage, they’re going to last a lot longer, producing a long-range impact on the auto industry, including Government Motors.


26 posted on 10/06/2012 9:22:40 AM PDT by AZLiberty (No tag today.)
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To: Zhang Fei

Staggering, indeed. 40% drop from his inauguration January 2009!

Mother Gaia is very pleased with all of our collective efforts.

You sure wouldn’t know it here in Silicon Valley. Tech is booming and the roads are clogged. My 8 mile commute often takes 30 to 40 minutes.

I’m sure the new level of California gas prices in the last couple of weeks are going to depress consumption further and any action against Iran is going to compound it. If he tries real hard, Obastard might get consumption down 75% by Inauguration Day.


27 posted on 10/06/2012 9:28:43 AM PDT by ProtectOurFreedom
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To: pallis

You are so right.

In addition, some of the people who still have jobs are moving closer to the job to shorten their commute. I think there is a lot more telecommuting happening and a lot fewer business trips, too. Those are smaller factors, but they all contribute.


28 posted on 10/06/2012 9:35:53 AM PDT by generally (Don't be stupid. We have politicians for that.)
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To: Zhang Fei

WEll DUH! No one has a job to drive to anymore,,so there is no need for the fuel because either they don’t work or their cars have been repo’d.


29 posted on 10/06/2012 9:36:49 AM PDT by austinaero
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To: Zhang Fei
Unemployed people do not drive to work. Unemployed people do not go to the store unless they absolutely need something. Unemployed people do not take unnecessary trips to visit relatives out of town, or even across town. Unemployed people do not take vacations.

Since there are NOW close to 25 MILLIONS who are NOW out of work that used to work, that accounts for a substantial amount of the population.

Since MOST people are married and have children, it relates to at least 50,000,000 people that have lowered household income and therefore fewer people drive. That is more people than the population of New York and Texas COMBINED>

That explains allot!

30 posted on 10/06/2012 9:37:06 AM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: PGR88

debasement of the currency. For those who were educated in govment screwls INFLATION


31 posted on 10/06/2012 9:41:00 AM PDT by Snuph ("give me Liberty...")
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To: Zhang Fei

32 posted on 10/06/2012 10:00:00 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: SamAdams76
“You would think that if gasoline sales were cut in half, we would be seeing a lot less traffic out there.”

Rush-hour traffic is people going to work, hard to cut down on that unless you quit your job.

The reduction is all the other driving to stores, weekend trips, and vacations.

33 posted on 10/06/2012 10:00:47 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Zhang Fei

Why Is Gasoline Consumption Tanking?
http://www.oftwominds.com/blogfeb12/gasoline-tanking02-12.html


34 posted on 10/06/2012 10:01:31 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: Beagle8U

35 posted on 10/06/2012 10:04:28 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: tomkat


36 posted on 10/06/2012 10:05:23 AM PDT by Reeses
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To: Zhang Fei

That is one stunning stat you uncovered.


37 posted on 10/06/2012 10:08:25 AM PDT by GVnana
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To: Zhang Fei

This is RETAIL sales by the REFINER. It is sales to HUGE customers. I think the decline is because of changes in agricultural use — this last year because of the drought.


38 posted on 10/06/2012 10:09:53 AM PDT by Born to Conserve
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To: Zhang Fei

Although there is a steady month to month decline, it fell off a cliff between Sept and October 2011. It’s hard to imagine why .


39 posted on 10/06/2012 10:27:28 AM PDT by gusopol3
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To: Zhang Fei

Not believeing this at all.


40 posted on 10/06/2012 10:33:13 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Reeses
I've always liked that poster !

But if she takes that shot, I wanna see the pic after she's been spun around and parked on her (obviously shapely ;-) fanny . . LOL

41 posted on 10/06/2012 10:34:31 AM PDT by tomkat
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To: AlphaOneAlpha

a lot less people are doing a daily trek.”

Try driving from the suburbs into and around Houston, particularly from 6-9 a.m. and 4-7 p.m. Seems as if the whole world has moved here.


42 posted on 10/06/2012 10:46:14 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: PGR88
If gas sales are down 50%, then why are prices at records?

Come on! If you are serious, apply basic economics. When price goes up, demand goes down--not vice versa.

43 posted on 10/06/2012 11:00:06 AM PDT by imardmd1 (An armed society is a polite society -- but dangerous for the fool --)
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To: central_va
Not believeing this at all.

You shouldn't. I believe there is a good explanation in post #13.

44 posted on 10/06/2012 11:07:56 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Born to Conserve
I think the decline is because of changes in agricultural use — this last year because of the drought.

Ag uses relatively little gasoline, mostly diesel, even down to the pickup truck level of vehicles.

45 posted on 10/06/2012 11:13:33 AM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: Grams A

“Seems as if the whole world has moved here.”
That’s what happens as a result of Texas being recognized as a great state in which to do business. Companies move there, deserting that list of Dem controlled states which are losing their jobs, companies and people.


46 posted on 10/06/2012 11:21:36 AM PDT by AlphaOneAlpha
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To: imardmd1
Come on! If you are serious, apply basic economics. When price goes up, demand goes down--not vice versa.

Vice versa would mean that when price goes down, demand goes up.

You disagree with this, lol? Demand has not supported the domestic retail price of gasoline for several years now. Every excuse in the world has been used to rationalize it.

Another basic economic truism would be that weak demand leads to a decline in price. Domestic demand for gasoline has proven not to be as inelastic as was supposed, therefore gasoline is not price inelastic, either, despite all the hot air expended upon the topic.

47 posted on 10/06/2012 11:25:34 AM PDT by RegulatorCountry
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To: RegulatorCountry
Demand has not supported the domestic retail price of gasoline for several years now

Isn't the building block of gasoline, crude oil, basically priced by world demand?

China is mfg 15 million cars a year now.

48 posted on 10/06/2012 11:29:29 AM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: Zhang Fei

This all begs a question. If prices have doubled under Obama, while demand has been cut in half. What would be the gas prices with higher demand, a higher demand that would be associated with ‘some’ prosperity? It seems we are facing quite a head wind, no?


49 posted on 10/06/2012 12:37:39 PM PDT by Fitzy_888 ("ownership society")
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To: RegulatorCountry

You are leaving out 2 very important things.

1) The dollar has been devalued due to “quantitative easing” otherwise known as monetizing debt. The resulting inflation has been completely ignored by the MSM. Compare what you spent on basic groceries prior to 2007 (when the Dems took over the house and senate) compared to now.

2) Petroleum is a fungible commodity. Just because demand in the USA dropped, doesn’t mean demand dropped worldwide. China is busy creating a middle class, and they want cars.


50 posted on 10/06/2012 12:50:54 PM PDT by Tailback
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