US gasoline demand spike belies price worries

US motorists complaining about the high price of gasoline are a little like those folks who sued McDonald's for making them fat.Perhaps they need to be reminded that voracious appetites, even for the things they enjoy and take for granted, aren't immune to the law of unintended consequences. (Or the laws of supply and demand—try to find a 39¢ McDonald's burger these days.)Demand risingEven with so-called "record" average US gasoline prices, US gasoline demand is on the rise.Demand for motor gasoline in the US is up 3.3% for the year to date compared with the same time a year ago, notes James M. Rollyson, analyst with St. Petersburg, Fla.-based Raymond James & Associ...

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