for Gasoline prices
The global spike in commodity prices has resulted in expensive gasoline, which is always a political headache for whichever political party is in power.
There’s no denying the salience of gasoline prices in domestic American politics.
The fallout from the Colonial Pipeline shutdown will almost certainly lead to greater scrutiny over the cyber security of American critical infrastructure.
Artists may suffer a number of setbacks as a result of rising fuel prices, particularly independent musicians whose livelihoods are made on the road.
Consumers will spend more than $400 billion on motor fuel by the end of September on an annualized basis, up 36 percent from two years ago.
American consumers plan to change their driving habits throughout the summer due to increased gasoline prices.
Iran and the status of international sanctions on the country’s oil exports are one of the clearest indicators of the intrinsic links between U.S. oil dependence and foreign policy.
Retail gasoline prices are forecast this year to reach their highest summer average since 2014, potentially wiping out household gains from last year’s tax cut.
The Saudis continue shifting its goals for where oil prices should be. The Kingdom is now signaling that it wants to increase prices to $80-$100 per barrel in order to enhance the valuation for its planned initial public offering.
Factors other than ridesharing carry more weight behind the surge in VMT. Lower pump prices, economic growth, and rising household income are underpinning increased travel.