Now if they can begin to sell green algae fuel, that will push
gasoline price lower and things will look brighter.
«This should alleviate earlier concern around the eventual shortfalls of gasoline supply and help nudge
gasoline prices lower.»
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.
Be it 57 MPG or 60 MPG, with electricity costs going up and
gasoline prices low and getting lower, the Prius Eco will still be more economical in key markets to drive per mile than electric cars.
Their priority may be to keep
gasoline prices low so people's budgets aren't adversely impacted by their fuel bills.
Not exact matches
Average retail
gasoline prices are
lowest in a swath of mostly East Coast states, including Florida, New Hampshire, Delaware and Georgia.
«The idea that
gasoline demand is actually rising suggests that perhaps the
lower prices of crude are actually prompting a greater usage of this product (
gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.
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.
Among the industries that are doing well are the construction and hospitality sectors, along with travel / transportation and logistics / trucking, which both benefit from
low oil and
gasoline prices.
It helps that
gasoline prices are
low, and people spent almost 5 % less in April filling their gas tanks than they did in March — that likely freed up some cash for other purchases.
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.
«County and ZIP code level data suggest that areas with long commute times — which benefit disproportionally from
lower gasoline prices — have experienced a boost in their labor and housing markets relative to other locations,» Shan and Pandl wrote.
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.
«With
gasoline prices remaining
low (providing a huge windfall to U.S. consumers), confidence sky - high and the buoyancy in labor market activity likely to bolster household income, we expect consumer spending activity to rebound strongly in the coming months,» Mulraine said.
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).
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..
They therefore nefariously increase the pump
prices for
gasoline to soak their customers, who have less flexibility to shop elsewhere or wait for
lower prices because they «want to get on the road» or the kids are screaming.
Crude later recovered, though
gasoline prices were still
lower.
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.
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.
«Weak crude
prices mean
lower gasoline prices.»
Other factors include a
lower supply while Gulf Coast refineries wrap up their seasonal switch to summer
gasoline blends, plus the annual
price pressure that accompanies increased summer driving.
The
price of
gasoline fell in 2013, leaving consumers with a little more to spend, but will
prices stay
low next year?
Gasoline and natural gas
prices, which have been
lower this summer than last, dragged down the overall Consumer
Price -LSB-...]
We upgraded our view on U.S. consumer discretionary stocks last fall and still believe that households are in a better position than they were just a few years ago: Consumer debt is down while household wealth is up,
gasoline prices are much
lower than a year ago and the U.S. is creating jobs at the fastest pace since the 1990s.
I just want to ensure the PR spin does not make a point in promoting the pipeline on a basis of
lowering 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.
WASHINGTON (AP)-- Falling
gasoline costs
lowered the
prices that U.S. companies received for their goods and services last month, keeping overall inflation in check.
Prices at the pump are already at the
lowest level of the year, with the national average
price for
gasoline at $ 3.24 a gallon.
Energy goods and services
prices rose 0.2 % after their drop in April of 4.5 %;
Gasoline prices continued
lower modestly, but other energy costs rose markedly, especially natural gas for household utilities, which was up 2.4 % (16.6 % y / y).
The average retail
price for motor
gasoline this summer (April through September) is expected to be $ 2.67 per gallon, the
lowest price (in real dollars, adjusted for inflation) since 2009, based on projections in EIA's July Short - Term Energy Outlook (STEO).
The Japanese automakers placed a bet that Americans would keep buying their stalwart sedans despite
lower gasoline prices and shifting preferences toward bigger vehicles.
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.
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.
If you shop at Costco, the Costco Anywhere Visa ® Card may be the best credit card for you, since it combines a great gas rewards rate of 4 % with some of the
lowest gasoline prices per gallon.
Peter Hall, Vice-President and Chief Economist for Export Development Canada (EDC) also added that «American consumers are sturdy thanks to solid job growth, rising real wages, restored confidence, better - managed household budgets, and a $ 100 billion bonus from
lower gasoline prices.»
She suggested shipments of oil from Alberta and B.C. natural gas traversing Alberta could be on the chopping block, and had no firm answer about what Horgan's NDP government would have to do to provoke such a last - resort retaliation, a nasty flash of trade warring that could send
Lower Mainland
gasoline prices skyward.
As a whole, the industry benefited from
low gasoline prices, easy credit and moderate economic growth.
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.
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.
Gasoline prices are at their
lowest level in four years.
The Department of Consumer Protection is charged with ensuring a fair and equitable marketplace for consumers through various initiatives including scam alert and protections, licensing of plumbers and electrical engineers, helping consumers find the
lowest gasoline and oil
prices, ensuring accuracy of weights and measures, protecting consumers from the sale of unsafe children's products and other programs aimed to ensure fairness to Westchester's consumers.
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.
Mr. Bellone, in his narrative in the budget document, blames the county government's financial problems on
lower sales tax receipts because of
lower gasoline prices.
Like everyone else, I have enjoyed
low gasoline prices.
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.
Instead, write, «Studying dung beetles like these might help
lower gasoline prices!»