Total consumption fell by 340 thousand bbl/d (1.8 percent) last year. Motor gasoline consumption accounted for the bulk of that decline, shrinking by 260 thousand bbl/d (2.9 percent). In 2012, total consumption falls by a further 170 thousand bbl/d (0.9 percent). The year‐over‐year decline in total consumption narrowed from 680 thousand bbl/d in the first quarter of 2012 to 110 thousand bbl/d in the second quarter. In the third and fourth quarters of 2012 EIA expects a turnaround in total liquid fuels consumption with a smaller year‐over‐year decline of 30 thousand bbl/d (0.2 percent) in the third quarter and a projected year‐over‐year increase of 120 thousand bbl/d (0.6 percent). Most of the recovery comes from natural gas liquids, which rise because of continued growth in industrial use and the assumption of near‐normal weather this coming winter.

In 2013, total liquid fuels consumption grows by 60 thousand bbl/d (0.3 percent), led by a 50‐thousand‐bbl/d (1.2‐percent) increase in distillate consumption and 30 thousand bbl/d growth in liquefied petroleum gas consumption. Despite an assumed increase in the growth rate of U.S. real disposable income from 1.1 percent in 2012 to 1.7 percent in 2013 and projected declines in retail pump prices of almost 6 percent in 2013, forecast motor gasoline consumption declines by 30 thousand bbl/d (0.4 percent). Gasoline consumption continues to fall because of slow growth in the driving‐age population, the acceleration of improvements in the average fuel economy of new vehicles, and increased rates of retirement of older, less‐fuel‐efficient vehicles.