earlywarn.blogspot.com: US Oil Consumption


The above graph shows US weekly petroleum products supplied (EIA) along with a nine week centered moving average to try to smooth out the noise a bit. Data begin in 2000 and go through the week of July 1st 2011. You can see that the high prices since the beginning of 2011 were causing a contraction in oil consumed.

Since the end of April, when prices peaked, consumption has started to rise again. Here's a closer-in graph just showing 2009-2011, along with prices:


http://earlywarn.blogspot.com/2011/07/us-oil-consumption.html