Last edited by bsm2; 08-02-2022 at 02:20 PM.
EV Owners Get Massive Victory After Chevy Forced to Admit Spontaneous Combustion Plagues Electric Cars
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Man Suffers 'Life Changing Injuries' After Electric Car Bursts Into Flames While Driving Down Highway
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Tesla Battery Catches Fire Inside Dealership, It's So Hazardous a Hazmat Team Has to Show Up
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Journalists Hook RV Up to $93K Electric Truck, Found It Wouldn't Even Make 100 Miles Before Needing a Recharge
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Gas prices contitue to fall
... American drivers are changing their habits and driving less and driving smarter. Demand for gasoline has fallen to levels last seen in the early days of CVID lockdown restrictions.
Gas prices have been declining since mid-June as demand has fallen to levels not seen since the early days of the pandemic, according to AAA.
Prices have continuously declined since June 14, when the average price hit a record high of $5.01 per gallon in the U.S.
On Thursday, the national average price for a gallon of regular gasoline dropped eight cents to $4.13.
New data from the Energy Information Administration (EIA) shows that gas demand dropped from 9.25 million barrels per day to 8.54 million per day last week.
That's 1.24 million barrels per day lower than last year and "in line with demand at the end of July 2020," when there were widespread virus-related restrictions and fewer people were hitting the road, according to AAA.
"Despite the steady decrease in pump prices, drivers appear to still be altering their driving habits to contend with higher-than-usual prices," AAA spokesperson Andrew Gross told FOX Business on Thursday.
The latest demand figures bolster a recent AAA survey that revealed 64% of drivers had changed their driving habits or lifestyle since March to offset the high prices at the pump.
... driving those big, heavy SUVs and pickup trucks does not look so smart when gas prices are high.
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