U.S. Gasoline Prices Continue to Fall
The average price of gasoline in the U.S. starts the week at $2.70, eight cents lower than a week ago and $1 below the peak price reached on April 28, according to the AAA Daily Fuel Gauge Report.
#economics
The average price of gasoline in the U.S. starts the week at $2.70, eight cents lower than a week ago and $1 below the peak price reached on April 28, according to the AAA Daily Fuel Gauge Report.
AAA says the lower prices mean drivers in America are spending at least $200 million less per day than they were at this time last year.
RELATED CONTENT
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.