U.S. consumers are breathing a bit easier now that gasoline prices have come down from record levels, but pump prices are still high, and the two-month slide could be nearing an end. The nationwide average price for a gallon of gas dropped to $3.99 on Thursday, according to AAA. That...
Why are U.S. Gasoline Prices Falling in the Middle of the Summer Driving Season?Shawkat Hammoudeh
Why are gas prices falling? A few factors contribute to today's gas prices, but a big explanation behind the decline is seasonality. In other words, prices at the pump almost always soothe some at this time of year. For starters, there's a switch to winter blend gas...
"With gasoline prices surging and the war in Ukraine dominating the headlines, it was little surprise that the University of Michigan consumer confidence index fell to an 11-year low in early March," Capital Economics said in a report. Inflation could start easing later in the year but is li...
There already are some signs retail gasoline prices have peaked, with the Energy Information Administration reporting last week that gasoline prices are likely to decline in coming months. It forecast that prices would average $3.14 a gallon in September before falling to $2.91 in the last three ...
This is the first time that domestic gasoline and diesel prices have been cut this year. Cao Changqing, director of the price division of the NDRC, said there was no doubt that the domestic price of oil would rise or fall. It should be said that this oil price ...
a宁愿用再少的钱创业也不打工 Rather uses the few money imbark not to work[translate] aout of sight,out of love. 视线之外,出于爱。[translate] a这就是为什么汽油的价格在全世界被广泛关注的原因了 Why was this the gasoline price in the world the reason which widely paid attention[translate]...
Gas prices have been dropping for weeks because of the declining price of oil. Low consumer demand and a return to winter-blend gasoline also are contributing to falling prices. At the moment, these are short-term trends happening within the larger picture of elevated gas prices. ...
Gasoline prices at the pump can be an important factor as citizens vote in the U.S. election next week. It’s too difficult to know at this point if the falling oil prices will be significant enough to impact the outcome of the election, said Pa...
Monthly "food at home" inflation has been near 0% for the past four months, according to thelatest government inflation data. U.S.gasoline pricesfell 3.6% in the month from April to May and evenhousing inflationis down from itspeakover one year ago. ...