Demand for gasoline in the United States started faltering in 2005 and has been falling "very sharply" since 2007, said Houston oil industry analyst Pavel Molchanov...
People are driving less because of the recession and the aging of Baby Boomers, said James Beck, a lead petroleum supply analyst for the Energy Information Administration. Newer
cars get better mileage and are replacing gas-guzzlers, and people are using other means of transportation; Amtrak ridership rose 4.5 percent in 2011 to a new high, said Molchanov.