Gasoline Drops to $2.14 in U.S.
The average price of a gallon of gasoline in the U.S. begins this week at $2.14, down from $2.21 a week ago and $3.32 a year ago, according to the AAA Daily fuel Gauge Report.
#economics
The average price of a gallon of gasoline in the U.S. begins this week at $2.14, down from $2.21 a week ago and $3.32 a year ago, according to the AAA Daily fuel Gauge Report.
The 33% decline in the past 12 months isn't likely to reverse anytime soon. The U.S. Energy Information Administration currently expects retail gasoline prices to average $2.60 per gallon this year compared with $3.37 in 2014, $3.51 in 2013 and $3.63 in 2012.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
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
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data