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Prices Curtail U.S. Gasoline Use

Report Says 2007 Was Likely the Peak; An Enduring Shift

By

Ana Campoy

Updated June 20, 2008 12:01 a.m. ET

Lofty energy prices and a weak economy have combined in the past year to rein in U.S. gasoline consumption in what many experts believe will be an enduring shift in the way our nation burns fuel.

As gasoline prices continue climbing, demand has been heading in the opposite direction. So far this year, Americans have used less gasoline than they did in 2007, with demand since January dropping 1% from last year, according to the Department of Energy.

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Prices Curtail U.S. Gasoline Use

Report Says 2007 Was Likely the Peak; An Enduring Shift

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