The Car and Truck Fleet and Leasing Management Magazine

EIA Says U.S. Gasoline Consumption Lower During First Half of 2012 Than in 2011

August 14, 2012

WASHINGTON – The U.S. Energy Information Administration (EIA) found that gasoline consumption during the first quarter of 2012 was 124,000 bbl/d less than during the same period in 2011 but gas prices remained high. During the second quarter, gasoline consumption rose in April and May, though it was still less than during the same period in 2011.

U.S. gasoline consumption peaked in 2007 at 9.3 million bbl/d and fell by an average of 3.2% (300,000 bbl/d) in 2008 due to the recession and high gasoline prices, which topped $4 per gallon in June and July 2008.

Factors affecting gasoline consumption rates in addition to prices include current economic conditions, the fuel efficiency of the U.S. vehicle fleet. Although Real Gross Domestic Product for the first quarter of 2012 was 2.4% higher than it was in the same period a year earlier, Real Personal Disposable Income, which affects gasoline consumption, has been growing at a lower rate in 2012, namely 0.1% during the first quarter.

The chart below shows U.S. gasoline consumption over the last five years.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

According to the U.S. Census Bureau’s 2002 Vehicle Inventory and Use survey, a “light” truck classification refers to a vehicle with an average weight of less than 10,000 pounds.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher