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Higher Gasoline Prices: Temporary or Time to Buy a Hybrid?

Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually declineâ€”maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue for a discussion of factors that might influence that decision.... Show More

Keywords:: Transportation, Demand, Prices, USA, Gasoline, Hybrid Cars, Data Literacy, Driving

Disciplines:

Business / Economics

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Material Type:: Open (Access) Journal-Article
Date Added to MERLOT:: February 11, 2020
Date Modified in MERLOT:: February 11, 2020
Author:: Federal Reserve Bank of St. Louis
Submitter:: Adrienne Brennecke
Primary Audience:: Middle School, High School, College General Ed, College Lower Division
Technical Format:: PDF

Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Unknown
Accessibility Information Available:: Yes
Creative Commons:: This work is licensed under a Attribution-NonCommercial-NoDerivatives 4.0 International