Mexican Media Brands
American Gasoline Prices Keep Rising
The average U.S. price of gasoline climbed to $3.59 per gallon on Monday, up six cents from a week ago, according to the AAA Daily Fuel Gauge Report.
#economics
Share
The average U.S. price of gasoline climbed to $3.59 per gallon on Monday, up six cents from a week ago, according to the AAA Daily Fuel Gauge Report. Pump prices have jumped 28 cents in the past month.
Bloomberg News says speculators have boosted gasoline futures, which closed near a 10-month high of $3.03 per gallon on the New York Mercantile Exchange on Monday.
The U.S. Energy Information Administration predicts U.S. consumption of refined petroleum products will increase to 18.71 barrels per day this year from 18.65 bpd in 2012.
RELATED CONTENT
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.