Record high gas prices are pinching Americans’ pockets ahead of what is usually peak summer driving season
Record-high prices are pinching Americans’ pockets ahead of what is usually peak summer driving season
President Biden said Thursday that he plans to release as much as 180 million barrels of oil from the U.S. Strategic Petroleum Reserve over the next six months to help tamp down near-record high fuel prices. Photo: Patrick Semansky/Associated PressRecord high gas prices are starting to take a toll on the American consumer.
Demand for gasoline in mid-May fell to one of its lowest levels for this time of year in nearly a decade, according to government data. The drop is an early indicator that rising gas prices are prompting some Americans to change their driving habits ahead of Memorial Day weekend and what is typically the peak summer driving season.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
High gas prices bring demand for fuel to record lows ahead of peak driving seasonOverall, high gas prices have brought demand down by 5%.
Lire la suite »
Record gas prices not slowing down Memorial Day weekend travelersDespite record-high gas prices, nearly 35 million Americans are expected to travel by car over the Memorial Day weekend. The estimate by auto club AAA would mark a 4.6% increase over 2021.
Lire la suite »
Millions to travel for Memorial Day weekend amid record-high gas pricesTravel experts say two years of pent-up demand from the pandemic will spur an increase in summer trips even as gas prices and hotel rates rise.
Lire la suite »
Memorial Day Travel: Californians Brace for Record-High Gas Prices, Air TravelAs Memorial Day getaways begin, millions of Californians taking to the roads and skies.
Lire la suite »
Despite record-high gas prices, travelers still headed out of town for Memorial Day weekendThe holiday weekend is now in full swing. And people around the Bay Area are taking both to the roads and skies ahead of Memorial Day.
Lire la suite »
Biden's America: Gas Price Average Reaches Record High of $4.60Gas prices reached another record high on Thursday as Americans continue to grapple with rising prices across the board.
Lire la suite »