 |
|
Photo source: inglis.house.gov |
| Full report | Summary |
The Congressional Budget Office (CB0) released a study about the high price of gasoline and its effect on consumer driving behaviors and automotive policies. Findings show that although some people are changing their driving habits, the overall changes are small. Consumers are showing preferences for vehicles with greater fuel efficiency as evidenced by car sales which in turn affects government regulations for fuel efficiency standards for newly manufactured vehicles.
Gasoline prices have been rising dramatically since the year 2000, surpassing even the high prices during the 1980s. Consumer demand for gas, however, has risen even more (see graphic). Abilenians are feeling the pinch but are not necessarily ready to make lifestyle changes, according to one Abilene article.
Related Resources:
 |
|
Source: Energy Information Admin. |
- A Primer on Gasoline Prices
- Gasoline Frequently Asked Questions -- Why is gas so high? Where will future prices go? and more
- Compare Prices of Retail Gas
Consumer Help:
- Find the Cheapest Gas-- Nation/Region, State, Local
- Gas Mileage Tips
- Vehicle Fuel Economy -- include convenient compare cars section
