Tuesday 16 December 2014

Otmane El Rhazi : U.S. household gasoline expenditures in 2015 on track to be the lowest in 11 years

Otmane El Rhazi from Today in Energy.



The average U.S. household is expected to spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years. Lower fuel expenditures are attributable to a combination of falling retail gasoline prices and more fuel-efficient cars and trucks that reduce the number of gallons used to travel a given distance.

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