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| US Petroleum Consumption '80-'11, eia.gov |
Reuters had the story here on Feb. 27:
Oil demand for the year was at 18.56 million bpd, down 2.08 percent compared with 2011, with petroleum use falling in every month in 2012 except May.
Consumption in 2011 was 18.95 million bpd according to the Energy Information Administration, here.
Peak consumption was in 2005 at 20.8 million bpd, so 2012 is still 10.8% off the high reached eight years ago.
Consumption in 2012 is almost equivalent to consumption in 1997 when it stood at 18.6 million bpd.
The decline in 2008 to 17.06 million bpd represented a decline in petroleum consumption of a whopping 18%.
