Released: May 19, 2014

Gas prices shouldn’t be so high - what gives?

Source: Javier E. David, CNBC

Rumors about the demise of U.S. gasoline demand have been greatly exaggerated.

Until late 2013, most energy observers forecast the world's most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural decline in demand, however, has proven more durable than expected.

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