US gasoline demand edges up last week amid holiday - MasterCard

Newswire

NEW YORK, Feb 28 (Reuters) - U.S. gasoline demand rose 2.5 percent last week as motorists filled up for the Presidents Day holiday but was down 6.9 percent from a year ago, MasterCard said in its weekly SpendingPulse report on Tuesday. In the latest week to Feb. 24, gasoline prices rose 7 cents to average $3.60 a gallon nationally, and were 11.1 percent higher than a year earlier, MasterCard said. The four-week moving average demand dropped 6 percent compared with last year, the 49th ...

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