Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

U.S. Gasoline Use Slips to Lowest Level in MasterCard Dat

U.S. gasoline demand slid last week to the lowest level since MasterCard Inc. began tracking consumption in July 2004.

Drivers bought 7.82 million barrels a day of gasoline in the week ended Jan. 4, down 3.5 percent from 8.1 million in the prior period, MasterCard’s SpendingPulse report showed. The decline follows a drop of 9.5 percent in the seven days ended Dec. 28.

The average for the four weeks ended Jan. 4 was 2.9 percent below a year earlier. It has been down from the previous year every week except one since March 18, 2011. Demand in 2012 was 3.6 percent below 2011.

The average pump price rose 3 cents in the past week to $3.30 a gallon. Drivers are paying 0.9 percent less than a year earlier.

The report from Purchase, New York-based MasterCard is assembled by MasterCard Advisors, the company’s consulting arm. The information is based on credit-card swipes and cash and check payments at about 140,000 U.S. gasoline stations.

Visa Inc. is the biggest payments network company by transactions processed.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.