Posts Tagged ‘drivers using less gas’

US Gasoline Usage Lowest Since 1984

Better fuel economy, less driving helps cut gas prices.

by on Mar.26, 2015

More fuel efficient vehicles, like Ford's C-Max line-up, have helped reduce the amount of gasoline used by Americans in the last three decades.

A new study from the University of Michigan examines one of the important factors that have undermined the price of oil and gasoline: Americans are using less gas.

The price of gasoline and crude oil has plunged since last summer and the role of new discoveries in North American shale formations has been highlighted.

Automotive Insight!

Over the past two years, oil production in the U.S. has reached levels last seen in the late 1960s and early 1970s. Average fuel consumption by American drivers is at its lowest level in at least 30 years, according to a University of Michigan researcher. (more…)

здесь