Critical EIA Data: Change from Year Ago Levels
Data Released June 21, 2006

Weekly Gasoline Demand (6/16): Up 1.2%
Weekly Prices Regualar Gas/All Formulations (6/19): Up 32%
Weekly U.S. Crude Oil Production (6/16): Down 6.1%

Key Points:
1. With Gasoline demand up 1.2% and prices up 32% from year ago levels there is no demand destruction.

2. U.S. crude oil production is down 6.1% and demand for gasoline is up 1.2% from year ago levels indicating that our addiction to foreign oil is increasing.

3. U.S. crude oil production decline of 6.1% is a drag on worldwide oil production.