Sentences with phrase «as low gasoline prices»

U.S. sales of passenger cars are on track to decline for the fourth straight year in 2017 as low gasoline prices and improved fuel economy encourage more consumers to consider crossovers and SUVs.

Not exact matches

Even with the tariff, U.S. ethanol exports hit a record high in February, thanks largely to rising Brazilian demand as higher gasoline prices and low international sugar prices made ethanol more competitive at the pump.

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.

«Overall, the tone of this report was disappointing as it points to a weak start to spending activity this year, despite the significant boost to disposable income from lower gasoline prices,» said Millan Mulraine, deputy chief economist at TD Securities in New York.

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).

Musk went on to cite the ownership cost of the Model S, should it enter production, as «similar to a gasoline car with a sticker price of about $ 35,000» once the lower cost of electricity versus the likely future price of gasoline was taken into account.

U.S. retail sales fell for a second month in a row as consumers are saving, not spending, their windfall from lower gasoline prices.

Energy prices fell by 3 percent over the month as gasoline prices were 4.9 percent lower than their level in February.

As a whole, the industry benefited from low gasoline prices, easy credit and moderate economic growth.

Abundant gas has drastically lowered the price of gasoline nationwide and many New Yorkers upstate saw fracking as a way to revive their moribund towns and cities.

Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world.

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.

«As of January 5, 2015, the U.S. Energy Information Administration (EIA) reported that the price of regular gasoline was $ 2.20 / gallon, the lowest since gas prices peaked to about $ 4 / gallon in May 2011.»

Texas is more sparsely populated, it has lower gasoline prices, and 2 percent of its labor force commutes via public transportation, as compared to 5 percent in California.

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.

The December STEO expects that gasoline prices in 2015 will be 23 % lower than the 2014 average, and consumption in December will be virtually unchanged from year - earlier levels, as increased fuel economy balances out increases in vehicle miles traveled in response to lower prices and other factors.

The gift that is American energy is seen in some key numbers: domestic crude oil production reaching more than 9 million barrels per day last month, the highest level in more than two decades, according to the U.S. Energy Information Administration (EIA); total U.S. net imports of energy as a share of energy consumption falling to their lowest level in nearly 30 years during the first six months of this year; gasoline prices dropping to an average of $ 2.47 per gallon last week, their lowest point since May 2009, according to the Lundberg Survey Inc..

Some groups point to low gasoline prices — and reduced demand for the most fuel - efficient vehicles — as evidence for weakening the standards.

Data on the energy intensity of GDP show big variations across time and space, e.g. the sharp decline in US intensity after the oil shocks of the 1970s, which then flattened out as prices came down, and the much lower energy intensity of European nations with high gasoline taxes.

Mercedes - Benz USA sold 6,211 Smart cars last year, down 16 % over 2015, as U.S. gasoline prices have remained low.

And high gasoline prices affect the lower - paid as well as housing costs which force them to live far away from where they work.

If you account for the much lower cost of electricity vs. gasoline at a likely future cost of more than $ 5 per gallon, the Model S is equivalent to a gasoline car with a sticker price of about $ 30,000, such as a Ford Taurus, Honda Accord, or even a Toyota Avalon or BMW 3 - Series.

Year ahead expected gasoline price change expectations dropped noticeably, with the median falling from 4.2 percent to 2.8 percent, returning to the low levels observed in fall 2014 and suggesting that respondents see current low prices as more permanent.

Energy prices fell by 3 percent over the month as gasoline prices were 4.9 percent lower than their level in February.