U.S. Gasoline Demand Falls 3.3% From Last Year, MasterCard Says
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U.S. gasoline demand fell 3.3 percent from a year earlier as average prices at the pump gained 35 percent, according to MasterCard Inc.
Motorists bought 9.11 million barrels a day in the week ended Aug. 5, the second-biggest payments network company said in its SpendingPulse report. Consumption was down 1.8 percent from the previous week. The average pump price was $3.70 a gallon, unchanged from the week before.