Sentences with phrase «small fuel price increase»
A small fuel price increase would not have done much immediately, but longer term it would have accelerated the shift to more fuel efficient vehicles.
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The long - run trend indicates that demand for smaller, more fuel - efficient cars has increased relative to demand for light trucks because of rising gasoline prices.
The price of fuel fluctuates so wildly year - to - year and yet every time the price goes down sales of larger SUVs and trucks increase and small cars languish on dealer lots.
Jet fuel prices are down 22 percent this year, but an ongoing series of small increases has kept air fares above 2013 levels.
More importantly, CARD assumes that if the motor fuel supply were 10 % smaller, refiners would not increase output to sell more of their product at higher prices.