Demand Destruction:
The following is from the last 5 weekly petroleum data reports:
Week Ending September 9, 2005:
Over the last four weeks, motor gasoline demand has averaged 1.1 percent below the same period last year, "possibly reflecting the inability of some stations to receive supplies over the last two weeks",. Distillate fuel demand has averaged 1.4 percent above the same period last year.
Week Ending September 16, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.1 percent below the same period last year. Distillate fuel demand has averaged 0.7 percent below the same period last year.
Week Ending September 23, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.8 percent below the same period last year. Distillate fuel demand has averaged 3.1 percent below the same period last year.
Week Ending September 30, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.6 percent below the same period last year. Distillate fuel demand has averaged 3.8 percent below the same period last year. Kerosene-type jet fuel demand is down 0.6 percent over the last four weeks compared to the same four-week period last year.
Week Ending October 7, 2005:
Over the last four weeks, motor gasoline demand has averaged 2.4 percent below the same period last year. Distillate fuel demand has averaged 4.0 percent below the same period last year. Kerosene-type jet fuel demand is down 4.4 percent over the last four weeks compared to the same four-week period last year.
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And you tell me over, and over, and over again,
my friend
that you don't believe
we're on the eve
of destruction... |
