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BY Tali Aaron : April 26

U.S. Gas Consumption sets New Record in March

U.S. gas consumption


To date, all of the hybrids and alternative fuel vehicles introduced so far in the U.S. have had little impact on overall gas consumption. The new figures released for March by the America Petroleum Institute actually show an increase of fuel consumption since this time last year. The study indicated that refineries are now producing 9.3 million barrels per day, the highest production for a single month in the history of U.S. oil production.

Unfortunately for consumers, the increase in production does not equal a decrease in pump prices. According to John Felmy, the chief economist for API, it is " abundantly clear that supply is not an issue with the higher gasoline prices we've seen. Sharply higher crude oil prices are driving the higher gasoline prices, and they continue to put upward pressure on the price at the pump."

Industry experts expect fuel consumption to increase as the peak summer driving season approaches. Unfortunately, these figures show that to date, the influx of green technologies is not having any noticeable effect on the American consumers' need for fossil based fuel production.

image credit: washington independent

8 Responses to U.S. Gas Consumption sets New Record in March

  1. buildaroo on May 28, 2012 at 5:53 pm


    U.S. Gas Consumption sets New Record in March http://t.co/HEBnVEgU #eco #cleantech #greenbuilding #renewableenergy

  2. buildaroo on April 25, 2012 at 11:17 pm


    U.S. Gas Consumption sets New Record in March http://t.co/HEBstehO #eco #cleantech #greenbuilding #renewableenergy

  3. buildaroo on February 2, 2012 at 7:22 pm


    U.S. Gas Consumption sets New Record in March http://t.co/HEBstehO #eco #cleantech #greenbuilding #renewableenergy

  4. buildaroo on November 2, 2011 at 4:22 pm


    U.S. Gas Consumption sets New Record in March http://t.co/HEBstehO #eco #cleantech #greenbuilding #renewableenergy

  5. buildaroo on February 18, 2011 at 12:47 am


    U.S. Gas Consumption sets New Record in March http://bit.ly/aOstaB #eco #cleantech #greenbuilding #renewableenergy

  6. greenbuzz on April 26, 2010 at 7:48 pm


    To date, all of the hybrids and alternative fuel vehicles introduced so far in the U.S. have… http://goo.gl/fb/ugOxG

  7. LaFayette354 on April 26, 2010 at 11:42 pm


    @buildaroo **Indeed if consumption of gas is up--things not slowing down-Not until new fleet of vehicals/fuels/electric enters energy progr

  8. Metro Hippie » 40 years later on April 26, 2010 at 12:17 pm


    [...] personal will power has diminished. Despite our increased awareness of consequences, Americans are driving more, eating more meat, and consuming more than ever before.  A recent Gallup poll studied the [...]

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