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falling fuel sales


British fuel demand down 20% due to high prices

If you think we've got it bad here when it comes to fuel prices, our friends in Europe have it far worse. Gasoline is now $8.75/gallon in the UK and it is having a real impact on people's behavior. In a report from the International Energy Agency, it appears that British drivers are taking the high prices to heart and seeking alternatives. Gas station operators in the UK have reported a 20 percent drop in sales over the past year. With fuel costs making it impractical to run their vehicles, more commuters are hitting the buses and trains than ... Read more →

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