Sentences with phrase «low gasoline prices in»

And unlike the electricity industry, in which market forces have pushed utilities toward cleaner energy, including natural gas and renewable sources, relatively low gasoline prices in recent years have led consumers to pay less attention to fuel economy when they buy new cars.

Not exact matches

Average retail gasoline prices are lowest in a swath of mostly East Coast states, including Florida, New Hampshire, Delaware and Georgia.

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.

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 oiIn 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 oiin 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 oiin 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..

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.

The price of gasoline fell in 2013, leaving consumers with a little more to spend, but will prices stay low next year?

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.

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.

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).

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.

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.

Gasoline prices are at their lowest level in four years.

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.

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.

But those barbs have been largely absent, perhaps in part because the price of gasoline is low, giving traditional Republican attacks around Democrats» fossil fuel policies less momentum, Taylor said.

February 24, 2016 • U.S. consumers are enjoying extremely low gasoline prices, but the big drop in oil prices is causing hardship in nations that depend on oil production to fund their governments and social programs.

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.

Volkswagen and General Motors, with the Chevrolet Cruze and Colorado, and GMC Canyon, and Chrysler with the Ram 1500 pickup are the only non-premium brands that offer diesel engine options in the U.S.. For VW, the diesel take - rate has reached up to 25 percent of U.S. sales in a given month, though recently, low gasoline and diesel fuel prices here have blunted such sales.

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.

In a report earlier this week, Scotiabank analyst Carlos Gomes said lower gasoline prices have fuelled sales of luxury SUVs this year.

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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.

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.

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.

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DETROIT — Ford Motor plans to revive the Ford Bronco sport - utility vehicle and Ford Ranger mid-size pickup truck in a strategic bet on a surge of American nostalgia, hefty vehicles and low gasoline prices.

Despite lower prices, the retail cost of gasoline in August remained at a four - year high.

Gasoline prices reached some of the lowest levels in decades this winter.

This optimistic outlook prompted the BoC to state that gains in income from lower gasolines prices will be beneficial to consumer and to Canada's economy — with the income gains being used to either «boost current spending or to repay debt or increase savings, thus improving consumers» ability to spend in future years.»

«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.»

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.

That means something much more substantial than $ 4 a gallon for gasoline (American readers of this column should realize that their «high» gas prices are amongst the lowest in the industrial world — we Canadians» too).

Last month we connected he lowest pre-Labor Day gasoline prices in more than a decade with the global cost of crude oil, the main factor in prices at the pump.

Markey claims consumers would benefit because refiners would be forced to sell more gasoline in U.S. domestic markets, lowering prices.

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.

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).

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.