Americans are tapping the brakes on their road travel heading into the peak summer driving season because of a record rise in gasoline prices.
Retail gasoline demand in the world's biggest fuel consuming nation has slipped about 1 percent so far this year, MasterCard Advisors said in a report.
And the nation's gasoline stations reported a 0.4 percent decline in April sales, according to data released by the Commerce Department.
Tuesday, May 13, 2008
Americans curb gasoline use amid high prices
Reuters reports: