Demise of U.S. Gasoline Driving Season Is Premature, IEA Says
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The traditional peak for gasoline use in the U.S. from late May to early September remains significant and suggestions that seasonality in demand has faded are premature, the International Energy Agency said.
U.S. gasoline consumption will rise by about 300,000 barrels a day this summer, known as the national driving season, the IEA said. The forecast increase will follow less pronounced seasonal growth in 2008 and 2009, when the global recession affected demand, it said.