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Fuel use falls to 17 years low in US

Bloomberg / Dallas July 21, 2008, 0:44 IST US fuel consumption fell 3 per cent in the first half of 2008, the biggest decline for the period in 17 years, as high prices and a slowing economy curbed demand, an oil industry report today showed. Deliveries of petroleum products declined to an average 20.08 million barrels a day through June, American Petroleum Institute said in a monthly report. Gasoline deliveries fell 1.7 per cent, the first "significant" decline in 17 years.

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