Gasoline demand rises in U.S., China, and India; more growth expected

Gas pump

Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steadily or fallen. So even though Saudi Arabia has refused to constrain its production to… …read more