Low Gasoline Prices

Guess Where Americans Are Plowing Their Gas Savings
Gas prices are 80 cents a gallon less than a year ago and $1.50 less than April 2014. With this amount of savings, the economy should be improving from all the extra cash in consumers' hands. You'll be surprised where much of the savings is going.

Millennials Can't Change U.S. Driving Habits Alone
Yonah Freemark throws cold water on the notion that the country is becoming less auto-dependent. Yes, millennials are less auto-oriented than older were, but they haven't stopped per-capita vehicle miles traveled from increasing.
Drivers Enjoy Lowest Gas Prices in 11 Years on Labor Day Weekend
Not since 2004 have gas prices been this low, an outcome of a glut of oil on the market from producers amidst a slowdown of demand from China. No surprise that driving is at all-time hime. Prices are expected to drop below $2 per gallon by Christmas.
Traffic Deaths Soar—Is Cheap Gas a Culprit?
An August 17 press release from the National Safety Council indicates the United States is on track to exceed 40,000 road deaths this year, the highest since 2007. A January NPR report links the spike to decreased gas prices.
First Senate Bill Introduced to Raise Gas Tax
Carper, a Democrat, hopes to take advantage of historically low gas prices to hike the federal fuel taxes four cents a year for four years to end reliance on General Funds to fund transportation spending. Increased credits would offset the tax hike.
End of the Line for Honda's CNG-Fueled Cars, Civic Hybrid, and Accord Plug-In
Honda announced that low gas prices contributed to low demand for the Civic Natural Gas, the only compressed natural gas (CNG)-powered car for sale, the Civic Hybrid, and their first plug-in hybrid-electric vehicle, the Accord.
Record Memorial Day Travel Due to Low Gas Prices, Improved Economy
In addition to record travel this Memorial Day, the U.S. DOT reports that March broke the record for the most vehicle miles traveled (VMT). Gas prices, though rising since late March, are predicted to drop and remain low through the end of 2015.
Nebraska Legislature Overrides Governor's Veto to Hike Gas Tax
Thirty votes were needed on May 14 to overturn Gov. Pete Ricketts veto of the six cents per gallon gas tax hike approved by the state legislature, and that's just how many Sen. Jim Smith received. South Carolina may be next.

Has Alternative Transportation Received Too Much Attention?
Joseph Stomberg of Vox has initiated a series of articles on commuting in America, the first based on the issues explaining the domination of the auto, the second on the debate about the driving decline associated with millennials.
Businesses Want Vermont to Adopt Nation's First Carbon Tax
Vermont's legislature will take up the carbon tax proposal this week. The tax is construed as largely revenue neutral, i.e., offset by tax decreases and credits, and apply to heating and transportation fuels. Gov. Peter Shumlin has doubts.
Do Driverless Car Safety Features Merit Fuel Efficiency Credit?
Manufacturers say yes, arguing that the reduction in vehicle crashes decreases traffic congestion. Other features improve traffic flow. But these are safety technologies, not emission-reducing measures, that critics worry will water-down CAFE.
Expiring Leases Causing Headaches for EV Manufacturers
The Nissan Leaf, the world's best selling electric vehicle (EV), has a major depreciation problem: leasing contracts are so favorable that when the lease expires, dealers return many of them to the manufacturer because of low demand.
Iowa on Verge of 10-Cent Hike in Gas Tax—An Increase of 44.44 Percent
If Republican Governor Terry Branstad signs the bi-partisan bill as signs indicate, the increase will be the most significant state transportation funding legislation since Republican Gov. Matt Mead of Wyoming signed a 10-cent increase two years ago.

Deep Cut Proposed for California's Gas Tax
A proposal to cut the gas tax by 21 percent would dig a huge hole in the state's transportation budget. It comes from a requirement in 2010 fuel tax swap legislation that doubled the excise tax while reducing the sales tax on gas by 6 percent.
Proposal would Lower New York's Gas Prices by Cutting the Gas Tax
Call it $2 gas price envy. Though New York gas prices have dropped $1.20 from a year ago, they are also 25-cents above the national average. State Sen. Jim Seward hopes to spark a statewide movement to reduce prices by reducing state gas taxes.
Will Plummeting Gas Prices Threaten Recent Transit Ridership Gains?
As gas prices have fallen, driving has increased. October driving mileage figures show an increase of 3 percent from a year earlier. A shift away from public transit may cause transit providers to rethink expansion plans.
California Committee to Consider Road User Charge
Gov. Jerry Brown has an environmental goal that conflicts with an infrastructure goal: reducing oil consumption and raising funds to pay for deferred road needs. The solution may be the Road User Charge, which lies in the hands of a new committee.

Peak Driving Record Shattered
So long 2007. Hello 2014. According to new DOT data, peak driving is no longer in the rear view mirror but ahead of us thanks to cheap gas getting even cheaper, the rebound effect, an improved economy, and warmer weather.
Idaho Legislators Weigh Gas Tax Increase
Calling it an "ideal time" to increase the 25-cent gas tax due to the lowest gas prices in five years, Rep. Linder Bateman (R-Idaho Falls) said legislators will have to "bite the bullet" to address aging road and bridge infrastructure.

California's 'Hidden Gas Tax' Arrives, Goes Unnoticed
The oil industry was predicting motorist outrage and an increase in gas prices of around 70-cents due to the carbon charge effective in the state on January 1. Some prices increased 10-cents, but went largely unnoticed.
Pagination
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