Let’s take a look at the latest trends in fuel prices and vehicle miles traveled to see if things have stabilized.
There is never a shortage of economic data to study.
Hankook Tire Gauge Index takes a closer look at the effects of current economic environment on when and why Americans drive.
The price of diesel fuel hit records in many parts of the country this week.
And you thought that 11-year-old SUV you own was causing the most pain at the pump … Wrong.
Average gas prices in the U.S. have reached $4.17 per gallon, the most expensive in history (not correcting for inflation).
Only when it looks to be permanent will consumers start to change their behavior.
After dropping for a couple of weeks, the price of gasoline has resumed its climb.
The average price dropped from $3.38 a gallon to $3.34 but still higher than years past.
The average price of a gallon of gasoline in the U.S. hit $3.16 last week.
Something else that seems to have fully recovered from the recession is gasoline prices.
Gasoline sales are a positive sign of recovery says OPIS, part of IHS Markit.