Laboring Through A Long Recovery

The Memorial Day kickoff to the summer driving season offered hope that 2010 would see a step towards normalization of seasonal demand patterns for gasoline in the United States. Buoyed by indications of strengthening recovery in the global and domestic economies, conditions seemed poised for an uptick in gasoline demand that would mark an important milestone following the economic turbulence of recent years. As the approaching Labor Day weekend signals the end of driving season, prevailing sentiment about the economy has turned negative but the cautious hope which began the summer has been partially fulfilled. Download here