Photo source: inglis.house.gov
The(CB0) released a 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). Abilenians are feeling the pinch but are not necessarily ready to make lifestyle changes, according to one .
Source: Energy Information Admin.
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