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USA-GASOLINE/DEMAND
RTR4IA9G
December 16, 2014
A car passes a gas station sign reflecting the dip in fuel prices in Falls Church, Virginia December...
Falls Church, UNITED STATES
A car passes a gas station sign reflecting the dip in fuel prices in Falls Church
A car passes a gas station sign reflecting the dip in fuel prices in Falls Church, Virginia December 16, 2014. For the first time in more than a decade, U.S. gasoline prices are tumbling toward $2 a gallon even as the economy grows and unemployment shrinks, a constellation that will test the theory that domestic fuel demand is in terminal decline. Conventional wisdom holds that structural changes such as increased fuel efficiency, greater urbanization and a graying population that have taken hold since the financial crisis will temper any potential pick-up in U.S. fuel consumption next year, despite the unanticipated arrival of half-priced fuel.
REUTERS/Kevin Lamarque (UNITED STATES - Tags: ENERGY BUSINESS)
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