U.S. gasoline demand rose 0.7 percent last week, according to data from MasterCard Inc. (MA:US)
Drivers bought 8.72 million barrels a day of gasoline in the week ended Sept. 28, up from 8.66 million the prior week, MasterCard’s SpendingPulse report showed. MasterCard releases weekly data every two weeks.
The average pump price fell 5 cents in the past week to $3.80 a gallon.
The report from Purchase, New York-based MasterCard is assembled by MasterCard Advisors, the company’s consulting arm. The information is based on credit-card swipes and cash and check payments at about 140,000 U.S. gasoline stations.
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