{"id":417656,"date":"2011-05-04T22:52:46","date_gmt":"2011-05-04T22:52:46","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/"},"modified":"2011-05-04T22:52:46","modified_gmt":"2011-05-04T22:52:46","slug":"gasoline-demand-drops-as-price-rises","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/","title":{"rendered":"Gasoline demand drops as price rises"},"content":{"rendered":"<div readability=\"58.0215053763\">\n<p><a href=\"http:\/\/money.cnn.com\/data\/commodities\/index.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\" alt=\"chart_ws_commodity_energy_oil.top.png\" width=\"475\" height=\"280\" border=\"0\" class=\"cnnstoryImageFull\" \/><\/a><span><strong>Click for more commodities data.<\/strong><\/span><span id=\"fb-recommend\"\/> <span>By Charles Riley, staff reporter<\/span><span>May 4, 2011: 6:52 PM ET<\/span><\/p>\n<p>NEW YORK (CNNMoney) &#8212; Demand for gasoline, which has seen a price spike at the pump has dropped sharply, a government report revealed Wednesday.<\/p>\n<p>Gasoline demand fell to 8.943 million barrels per day from 9.148 million a week ago, according to the U.S. Energy Information Administration.<\/p>\n<div>\n<div readability=\"5.7\">\n<div readability=\"6.65\">Prices at the pump can vary widely among states due to a number of factors. <a href=\"http:\/\/money.cnn.com\/news\/storysupplement\/economy\/gas_prices_by_state\/index.html\">More<\/a><\/div>\n<\/div>\n<\/div>\n<p>That suggests Americans are <a href=\"http:\/\/money.cnn.com\/2011\/05\/03\/pf\/high_gas_prices_hurt\/index.htm\/\">adjusting their consumption habits<\/a> as prices shoot through the roof.<\/p>\n<p>The national average price for a gallon of gasoline rose about two cents from the previous day to $3.98. In the past week, the average<a href=\"http:\/\/money.cnn.com\/news\/storysupplement\/economy\/gas_prices_by_state\/\">price of gasoline<\/a> has climbed about ten cents.<\/p>\n<p>Meanwhile, crude inventories grew by 3.4 million barrels last week, while oil demand fell by 1.256 million barrels per day, the EIA report said.<\/p>\n<p>After losing more than 2% in the previous session, oil for June delivery fell an additional $1.81 or 1.6% to settle at $109.24 a barrel Wednesday.<\/p>\n<p>The drop in demand comes as the Institute for Supply Management also brought gloomy news, showing its reading on the services sector fell to an 8-month low in April.<\/p>\n<p>That suggests economic activity in the United States might be slowing, which would lower demand for oil products.\u00a0<a href=\"http:\/\/money.cnn.com\/2011\/05\/04\/markets\/oil\/index.htm?section=money_topstories&#038;utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29#TOP\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/i.cdn.turner.com\/money\/images\/bug.gif\" alt=\"To top of page\" border=\"0\" width=\"7\" height=\"7\" \/><\/a><\/p>\n<p>First Published: May 4, 2011: 6:28 PM ET<\/p>\n<\/div>\n<p>Read the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_topstories\/~3\/o-oITC7DpZY\/index.htm\" title=\"Gasoline demand drops as price rises\" rel=\"noopener noreferrer\">Gasoline demand drops as price rises<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Click for more commodities data. By Charles Riley, staff reporter May 4, 2011: 6:52 PM ET NEW YORK (CNNMoney) &#8212; Demand for gasoline, which has seen a price spike at the pump has dropped sharply, a government report revealed Wednesday. Gasoline demand fell to 8.943 million barrels per day from 9.148 million a week ago, according to the U.S<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-417656","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gasoline demand drops as price rises - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Gasoline demand drops as price rises - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Click for more commodities data. By Charles Riley, staff reporter May 4, 2011: 6:52 PM ET NEW YORK (CNNMoney) -- Demand for gasoline, which has seen a price spike at the pump has dropped sharply, a government report revealed Wednesday. Gasoline demand fell to 8.943 million barrels per day from 9.148 million a week ago, according to the U.S\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Gasoline demand drops as price rises\",\"datePublished\":\"2011-05-04T22:52:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\"},\"wordCount\":230,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\",\"name\":\"Gasoline demand drops as price rises - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\",\"datePublished\":\"2011-05-04T22:52:46+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage\",\"url\":\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\",\"contentUrl\":\"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gasoline demand drops as price rises - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/","twitter_card":"summary_large_image","twitter_title":"Gasoline demand drops as price rises - Ghanamma.com","twitter_description":"Click for more commodities data. By Charles Riley, staff reporter May 4, 2011: 6:52 PM ET NEW YORK (CNNMoney) -- Demand for gasoline, which has seen a price spike at the pump has dropped sharply, a government report revealed Wednesday. Gasoline demand fell to 8.943 million barrels per day from 9.148 million a week ago, according to the U.S","twitter_image":"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/"},"author":{"name":"","@id":""},"headline":"Gasoline demand drops as price rises","datePublished":"2011-05-04T22:52:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/"},"wordCount":230,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage"},"thumbnailUrl":"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/","url":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/","name":"Gasoline demand drops as price rises - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage"},"thumbnailUrl":"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png","datePublished":"2011-05-04T22:52:46+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/05\/04\/gasoline-demand-drops-as-price-rises\/#primaryimage","url":"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png","contentUrl":"http:\/\/i2.cdn.turner.com\/money\/2011\/05\/04\/markets\/oil\/chart_ws_commodity_energy_oil.top.png"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/417656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=417656"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/417656\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=417656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=417656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=417656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}