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Monday, August 22, 2011

Forward to Friend API: Petroleum demand falls for the first time in 2011


API: Petroleum demand falls for the first time in 2011
"The numbers, though mixed, confirm continuing weakness in the economy," said API chief economist John Felmy. "Consumers aren’t spending, and jobless claims have increased, so it isn’t surprising gasoline demand was down and overall demand slipped a bit."
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