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Gasoline Demand Dropping

December 3, 2009

Not even the holidays are convincing people to buy as much gasoline as the oil industry would like.

Since gasoline sales are declining and an oil refinery will close due to lack of demand for its product, why are South Dakota landowners still facing the threat of eminent domain for new crude oil pipelines?

According to the Wall Street Journal:

The situation is unlikely to change any time soon, experts and industry executives say, in part because the increasing use of biofuels and more-fuel-efficient cars will cut into gasoline sales.

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