Gasoline demand falters with average price on brink of $5/gallon

Gasoline prices at all-time highs may be starting to put a dent on demand at the pump. Yahoo Finance spoke to several strategists to get their take on when consumers start buying less gas amid rising energy costs. “One could argue that demand destruction for gasoline has already started,” Peter McNally, global sector lead for industrials, materials, and energy at Third Bridge, told Yahoo Finance. “Since the start of March, U.S. gasoline consumption is 6% lower than the corresponding period in 2019,” pre-pandemic…