December Fuel Prices at Two-Year Low in U.S.
The average retail price of a gallon of regular grade gasoline in the U.S. has dropped to $2.37 this week, down from $2.42 a year ago to a two-year low for the month, says AAA.
#economics
The average retail price of a gallon of regular grade gasoline in the U.S. has dropped to $2.37 this week, down from $2.42 a year ago to a two-year low for the month, says AAA.
Average prices are down 12 cents per gallon from a week ago. The car insurance giant says continued high levels of fuel production—about 10 million barrels per day—prices are likely to continue their decline through the end of the year.
Average per-gallon prices range from a low of $1.96 in Missouri to a high of $3.49 in Hawaii.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future