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Not Lower Gasoline Prices: Barack Obama and Legislative Compromise Dept of Interior to Re-Review Offshore Oil Drilling Plans
However, the pipeline will
not lower gasoline prices for consumers any noticeable amount, and some experts believe it could raise gas prices for consumers in the Midwest.
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Not exact matches
In Indonesia, which ended
gasoline subsidies in 2015 and
lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail
prices also haven't risen by as much as the
price of crude oil.
While
lower crude
prices mean cheaper
gasoline in the U.S., which should spur demand, that's
not so much the case in other countries, where taxes represent a higher portion of the cost of gas (as in Europe).
I just want to ensure the PR spin does
not make a point in promoting the pipeline on a basis of
lowering gasoline prices.
U.S. retail sales fell for a second month in a row as consumers are saving,
not spending, their windfall from
lower gasoline prices.
Retail
gasoline prices dropped to
low levels in the first quarter of 2016, when crude oil
prices were bottoming, and that created a surge in demand that was
not repeated in 2017.
With
gasoline prices low nationally, maybe fuel economy isn't the most important factor in the grand scheme of McLaren ownership, but here it is: The 570S is EPA - rated 16/23/19 mpg city / highway / combined — better than the Audi R8's 14/22/17 mpg and the Viper's 12/19/14 mpg.
My main reason for this purchase wasn't the
price of
gasoline but rather
low maintenance.
Those aren't as impactful as the steady purchase of
gasoline at market
prices, but it adds up to a generally
lower cost of operation for an EV.
Gasoline tax is only feasible when gas
prices are
low,
not high.
(Remember Obama's foolish claim that we could
not drill our way to
lower gasoline prices?)
So at most, the pipeline would
lower gasoline prices by a few cents in eight years or so, and it might raise
prices in some parts of the U.S. Presenting Keystone XL as an explanation or a solution to the current
price spike is simply
not serious.
Their priority may be to keep
gasoline prices low so people's budgets aren't adversely impacted by their fuel bills.
But that's
not the only claim to fame for the C - Max hybrid; it also has a combined (electric +
gasoline) horsepower of 188 versus 134 for the Prius V, and with a base
price of $ 25,995, including destination and delivery, it should be $ 1,300
lower than the Toyota Prius V (unless Toyota retaliates with a
price cut).
I will
not discuss the many reasons, some beyond personal choice and some
not, that relatively
lower gasoline (or petrol)
prices in the US cause economic difficulty versus different
prices in the EU.