US gasoline demand off 1.5 pct last wk as price rises- MasterCard

Newswire

NEW YORK, March 27 (Reuters) - U.S. average gasoline demand fell 1.5 percent last week as the price of a gallon approached the $4 a gallon mark, MasterCard said in its weekly Spending Pulse report on Tu esday. Gasoline consumption in the week to March 23 was also 7 percent lower than with the same period a year earlier, MasterCard said. A gallon of gasoline cost $3.88 last week, 4 cents higher than the previous week and 9 percent more expensive than a year ago. The four-week moving average ...

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