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MasterCard Advisors, LLC Launches Report on U.S. Gasoline Demand Timely Data Monitors Total Amount of Gas the Country Pumps Each Week PURCHASE, NY--(MARKET WIRE)--Aug 7, 2007 -- MasterCard Advisors, the professional services
arm of MasterCard Worldwide, today introduced its Spending
Pulse U.S.
Gasoline Demand Report, the first report that provides detailed
information
on the total amount of gasoline the U.S. pumps each week. The Spending Pulse U.S. Gasoline Demand Report, released each Tuesday, contains industry specific information representing a weekly snapshot of U.S. demand for gasoline. The report is based on aggregate payment volume over the MasterCard payments network coupled with estimates of total purchases across other payment forms including cash and check. The Spending Pulse U.S. Gasoline Demand Report captures multiple data points that produce total estimates of both the total number of barrels the U.S. pumps each week as well as average price per gallon data across the country. The report provides a more comprehensive view of gasoline consumption and consumer behavior than traditional gas consumption surveys that focus on the supply side of the story. "Traditional gasoline data and reports focus on the supply side of the equation," says Michael McNamara, Vice President of the SpendingPulse data service, for MasterCard Advisors. "Our Spending Pulse U.S. Gasoline Demand Report is the first report that is in position to provide statistically significant views of the demand side of the gasoline equation. Now the markets will have comprehensive demand information each Tuesday to compliment the inventory data that is released each Wednesday." The report is designed to provide government policy makers, energy markets and business leaders with a more comprehensive and timely view of how demand for gasoline changes each week in the United States. About SpendingPulse A macro-economic indicator, SpendingPulse reports on national retail sales and is based on aggregate sales activity in the MasterCard payments network, coupled with estimates for all other payment forms, including cash and check. MasterCard SpendingPulse does not represent MasterCard financial performance. SpendingPulse is provided by MasterCard Advisors, the professional services arm of MasterCard Worldwide. About MasterCard Advisors MasterCard Advisors, LLC, the professional services arm of MasterCard Worldwide, provides payments-focused consulting, information and outsourcing services to financial institutions and merchants worldwide. With its unparalleled category expertise, deep understanding of customer needs, and successful track record in addressing complex challenges throughout the payments lifecycle, MasterCard Advisors delivers customized end-to-end solutions that maximize the value of clients' cards and payments businesses. MasterCard Advisors shares the goals and vision of its clients, and works in partnership with them to deliver actionable insights that drive tangible impact and financial gain. For more information, go to www.mastercardadvisors.com. About MasterCard Worldwide MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 16 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro®, and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information go to www.mastercard.com. Contact: For further information contact:
Meir Kahtan
+1-212-699-6065
Meir Kahtan Public Relations, LLC
Email Contact
Jennifer Stalzer
+1-914-249-5325
MasterCard Worldwide
Email Contact
Source: MasterCard Advisors
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