A number of public voices have used recent run -
ups in gasoline prices to call for more domestic oil drilling.
The two biggest purchases any family typically makes are a house and car, and
swings in gasoline prices make those decisions extremely difficult.
The steady
spike in gasoline prices also boosted February sales of smaller cars and alternative - powered models such as the Ford C - Max and Chevrolet Volt.
In a rural area that counts Elvis Presley among its native sons, the drop
in gasoline prices also was leaving more money in people's pockets.
The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a commensurate
decrease in gasoline prices that may act as a massive tax cut for the very people who have, so far, reaped very few benefits from the economic recovery.
But, will the Fed look through the headline and discover that the only reason why real spending was half decent was the 10 % drop
in gasoline prices between May and July, most of which has since disappeared:
Like last time, however, the main driver was the
surge in gasoline prices because of the disruption caused by the hurricanes (+13.1 % vs. +6.3 % previous).
The major contributors in June were a 4.6 - per - cent increase
in gasoline prices at the pump, and a two - per - cent hike in the cost of purchasing a new motor vehicle, which Statistics Canada attributed to smaller monthly price declines compared to June 2012.
Although ACT's credit protection metrics will fluctuate because of acquisitions and
variations in gasoline prices, Standard & Poor's believes that the risk of a sharp increase in debt for a major acquisition is reduced somewhat because of the dearth of large targets.
«What we're trying to do here is, the next
upcycle in gasoline prices, whether it's a year, two years, or five years down the road, is to lessen the future payment for taxpayers the next time prices start to go up,» said Morton.
«Despite the rapid fall
in gasoline prices across the country, consumers continue to be gloomy about their financial situation.»
«The Fed will be pleased to see that the further rise
in gasoline prices towards $ 3.90 a gallon does not appear to have put another dent in US consumer confidence or added to households» inflation expectations,» writes Paul Dales, senior U.S. economist with Capital Economics, in a research note.
The surge
in gasoline prices over the past decade has made automobiles a less popular mode of transportation, with many now favoring the public transportation provided in cities.
Given the challenging economic environment and sharp
increase in gasoline prices that coincided with this promotion, a premium price offer like Lobsterfest was less wellsuited for the period.
The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a
decrease in gasoline prices that may act as a massive tax cut for those who have reaped very few benefits from the economic recovery.
The consumer price index fell by a monthly rate of 0.1 % last month, driven by a temporary decline in gasoline prices
The ATS likely would ride on GM's Alpha rear - wheel - drive architecture, which before the auto maker's bankruptcy last summer and the run -
up in gasoline prices, was supposed to underpin a lineup of smaller RWD cars.
Otteau: At most, a
fall in gasoline prices will only slow the speed of the shift to more dense housing in urban areas.
He is particularly exposed to rapid
rises in gasoline prices, and if this occurs concurrently with stock market falls, then he could suffer a double whammy — think sequence of returns nightmare!
The Labor Department reported on Wednesday that consumer prices fell for the first time in 10 months in March, hampered by a decline
in gasoline prices.
So why aren't we seeing
it in gasoline prices, a growing chorus of discontent is asking?
The rise in the consumer price index during the previous four months was halted by a 4.7 % drop
in gasoline prices...
The disruption of nearly a quarter of the nation's refining capacity has already led to a spike
in gasoline prices.
The extent of the draws, and subsequently the spike
in gasoline prices, will depend on the level of damage to the refineries and to surrounding infrastructure.
In spite of the drop
in gasoline prices, consumers have remained cautious, as a 0.3 % drop in retail sales in June suggested.
Oil prices peaked in early May and dropped 25 % during the following 2 months, triggering a 13 % decline
in gasoline prices.
And that, according a just - issued report by the state comptroller, is because of the drop
in gasoline prices, causing significantly less sales tax money to be collected at gas stations in Suffolk, as well as other areas of New York State.
Mexico kicked off 2017 with a 20 percent spike
in gasoline prices, driven in part by the phasing out of subsidies.
Joe Hinrichs, president - The Americas, says the automaker's car deliveries, particularly small cars, have suffered because of the recent drop
in gasoline prices and the growing popularity of CUVs and SUVs.
Despite the recent spike
in gasoline prices — followed by a refreshing if perhaps not permanent decline — the full - size sport utility market is alive and well, and on track to rack up about 700,000 sales this year.
The case for the EcoSport was overwhelming five years ago, but consumer tastes have gravitated to larger and more luxurious SUVs and CUVs thanks to a significant drop
in gasoline prices.
A shutdown could lead to a spike
in gasoline prices and many consumer goods — everything from car tires to cell phone parts to prescription pills.»