Now you have again to bear in mind that is is a running four week average, but still.

And I suppose that I do not see demand "falling off a cliff" given that the drop in current prices, that I pointed to yesterday is actually currently increasing demand. However, as noted in Bloomberg

"We're still in shoulder season,'' Sieminski said. "Gasoline season is over and heating demand has yet to pick up." Regular gasoline averaged nationwide fell 1.4 cents to $2.709 a gallon yesterday. Prices are down 11 percent from the record $3.057 a gallon on Sept. 2, according to the AAA, the nation's largest motoring organization. Pump prices are 34 percent higher than a year ago. U.S. gasoline demand normally declines after the Labor Day holiday in early September. Global fuel use peaks during the Northern Hemisphere winter. Heating oil consumption jumps as temperatures plunge and furnaces are stoked in Europe, North America and eastern Asia. Total petroleum supplied, a measure of demand, averaged 20 2million barrels a day during the past four weeks, 3.2 percent less than a year earlier, the department said. "The market's mesmerized by what appear to be low demand numbers," Sieminski said. "Product supplied is not the same as demand, since it measures what is leaving refineries, not what's being consumed. During the next three weeks we will find out if there really was any demand destruction."