Sentences with phrase «by lower gasoline prices»

Along with improving capital spending and consumer spending, helped by lower gasoline prices, the diminishing fiscal headwinds should allow the US economy to grow much more strongly than for a number of years, he adds.

The current shift back to SUVs that guzzle much more petroleum than other cars, prompted by low gasoline prices, is a more worrisome sign for future climate change.

Not exact matches

OTTAWA — Rising gasoline and car prices fuelled the first significant spike in Canada's cost of living since February last month, lifting the annual inflation by half a point to 1.2 per cent — still low by historial standards.

Fueled by low prices, and an improving job market, consumption of gasoline in the U.S. rose by 2.6 per cent last year to 9.2 million barrels a day, the highest level since 2007, the government said.

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.

Tighter supplies of gasoline and diesel in B.C. would likely drive up prices in B.C.'s Lower Mainland by about 10 cents per litre, said fuel market analyst Michael Ervin, senior vice-president at the Kent Group Ltd..

Changes in power costs due to falling oil prices, meanwhile, can vary considerably by market and region, and, in many markets, gasoline prices are so inflated by taxation that the impact of lower oil prices for consumers is considerably dampened.

Motor gasoline consumption is expected to increase by 194,000 barrels per day (b / d), up 2.1 % from last summer, reflecting higher real disposable income, substantially lower retail motor gasoline prices and higher employment and consumer confidence.

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

This special edition Research Report provides insights regarding the modern - day American consumer by including the following: snapshots of the overall macroeconomic environment, data that spotlights spending trends, the potential impact of lower gasoline prices and opinions on the near and medium - term outlook with implications for the US dairy marketplace.

Bachmann has claimed that the U.S. could lower the global price of gasoline simply by drilling its own reserves.

Lincoln cites EPA - estimated fuel economy figures of 16 mpg city and 22 mpg highway, for a combined 18 mpg rating in 4x2 form with this new powerplant, which will surely be appreciated by owners no matter how low gasoline prices go.

The shift from sedans and hatchbacks («cars» in industry parlance) to SUVs, crossovers, and pickups («trucks») appears to be a long - term trend, helped along by gasoline prices much lower than earlier in the decade, and making fuel seem comparably cheap.

3) New Cars You can save thousands of dollars over the lifetime of a car by selecting a model that combines a low purchase price with low financing, insurance, gasoline, maintenance, and repair costs.

6) Gasoline You can save hundreds of dollars a year by comparing prices at different stations, pumping gas yourself, and using the lowest - octane called for in your owner's manual.

Despite that, Saudi Arabia scaled back some fossil fuel consumption subsidies that artificially lowered the price of fuel for its citizens, increasing its country's gasoline prices by 50 percent last year.

Third, there can be — indeed, has been — a major impact in the U.S. motor fuels sector, where the market for biofuels (mainly ethanol) is negatively affected by low conventional gasoline prices.

Finally, low gasoline prices also have short - term effects in the form of more driving and fuel use by the existing fleet of motor vehicles, which is bad news in terms of emissions (and congestion).

It disproportionately hurts low income communities and seniors — The carbon tax is by nature regressive, because it will raise the prices of gasoline, electricity, and other goods by the same dollar amount for all consumers, regardless of their incomes.

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.

Despite that, Saudi Arabia scaled back some fossil fuel consumption subsidies that artificially lowered the price of fuel for its citizens, increasing its country's gasoline prices by 50 percent.

CARD claims that from January 2000 to December 2011, «the growth in ethanol production reduced wholesale gasoline prices by $ 0.29 per gallon on average across all regions,» and that in 2011 ethanol lowered gasoline prices by a whopping $ 1.09 per gallon.

According to a 2008 analysis by Iowa State University, the growth in U.S. ethanol fuel production caused retail gasoline prices to be 29 — 40 cents per gallon lower than would otherwise have been the case.

Unfortunately, instead of hiking the price ourselves by means of a gasoline tax that could be instantly refunded to the American people in the form of lower payroll taxes, we let the Saudis, Venezuelans, Russians and Iranians do the taxing for us — and pocket the money that the tax would have recycled back to the American worker.

Another culprit is the Chinese government: On one side, it asks automakers to make more efficient vehicles, but on the other it «has tried to shield farmers and the urban poor from high oil prices by freezing pump prices for gasoline and diesel, keeping them among the world's lowest.

Their priority may be to keep gasoline prices low so people's budgets aren't adversely impacted by their fuel bills.

Unfortunately, instead of hiking the price [of gasoline] ourselves by means of a gasoline tax that could be instantly refunded to the American people in the form of lower payroll taxes, we let the Saudis, Venezuelans, Russians and Iranians do the taxing for us — and pocket the money that the tax would have recycled back to the American worker.

Offshore Oil Drilling Offshore Oil Drilling Proposal Drafting Given Go Ahead by Obama Administration Offshore Oil Drilling Will Still Not Lower Gasoline Prices: Barack Obama and Legislative Compromise Dept of Interior to Re-Review Offshore Oil Drilling Plans

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