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MasterCard Advisors, LLC Launches Report on U.S. Gasoline Demand

Saturday 11 August 2007 07:05 CET | News

MasterCard Advisors, the professional services arm of MasterCard Worldwide, has introduced its Spending Pulse U.S. Gasoline Demand Report, the first report that provides detailed information on the total amount of gasoline the U.S. pumps each week.

The Spending Pulse U.S. Gasoline Demand Report, released each Tuesday, contains industry specific information representing a weekly snapshot of U.S. demand for gasoline. The report is based on aggregate payment volume over the MasterCard payments network coupled with estimates of total purchases across other payment forms including cash and check.The Spending Pulse U.S. Gasoline Demand Report captures multiple data points that produce total estimates of both the total number of barrels the U.S. pumps each week as well as average price per gallon data across the country. The report provides a more comprehensive view of gasoline consumption and consumer behavior than traditional gas consumption surveys that focus on the supply side of the story.The report is designed to provide government policy makers, energy markets and business leaders with a more comprehensive and timely view of how demand for gasoline changes each week in the United States.


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