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EIA also forecasts the Brent crude oilprice will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal last summer.
EIA forecasts that regular-grade motor gasoline retail prices will average $2.92 The forecast has the annual average regular grade retail gasoline price increasing from $2.35 in 2011, primarily because of projected rising crude oilprices. Projected annual average retail diesel fuel prices are forecast at $2.95
Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.
The Three Prongs of the “Green&# Energy Stimulus Pa. 1) Nurture My Body (1) OESX (1) OIL ETN (1) OTCBB:PPRW (1) Oasys (1) Ocean Dead Zones (1) PLX Devices (1) PNE3.DE 1) XEL (1) XPV Capital (1) YGE (1) YHOO (1) ZENN Motor Company (1) ZNN.V (1) The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. SZ (1) 6753.T
Moreover, with the massive drop in oilprices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Additionally, consumers are likely to opt for more economical choices when possible, avoiding premium consumer goods.
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