I had been Gulping some SERIOUS air up until a month and half ago. I asked my dive buddies what they thought. Even though I (like you) am in good shape, and dive a 120,they felt I was struggling to keep up with them while down, I spent a fair amount of time " bottom crawling":sigh_2: ( no, not THAT KIND:20: !!) and my profile was bottom down. Yup, some of the moss-backs just got what I mean: Weighting problem!!! Also this had as much to do with my inexperience as it did with my overweighting.
So I dropped some weight ( I'm not saying how much..:tongue2: ), and now my air comsumption has dropped BIG TIME, because I'm not carrying all that weight around and fighting it! My profile is so much better, I move more freely and quicker with less exertion which means less air gulping. In general my dives have become infinitely more fulfilling!!! I also believe doole said something about a fishes economy of motion...This has also really helped me.
Well, I hope I may have helped in some way. Your problem seemed very similar to mine.
Take care and Dive safe,
-Manta