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Diesel Demand Helping Gasoline Prices Stay Down

2013-10-28 18:52:51| AutomotiveDigest.com - Automotive Industry News

The average price of gasoline in the US was $3.28 on Monday, down seven cents from a week ago; diesel was at $3.85 and down from $3.87 a week ago. Like gasoline, diesel has started to drop in prices in recent weeks. AAA thinks retail gasoline prices could drop another 15 to 20 cents by the end of the year. Demand for diesel in global markets is expected to keep US gasoline prices down for a while. US refineries are processing a lot of diesel and exporting it to Europe and Latin America. What are some of the implications tied into the fuel price forecasts? Check out three market trends that are thought to be influencing new and used vehicle sales demand, used vehicle prices, and what diesel prices mean for commercial and clean diesel passenger car sales.The Article Diesel Demand Helping Gasoline Prices Stay Down appeared first on Automotive Digest.

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What Impact Is Gasoline Prices Having on Used Car Forecasts?

2013-09-23 04:49:09| AutomotiveDigest.com - Automotive Industry News

Consumers and federal government mandates put pressure on fuel efficient vehicles, and that includes Detroit 3 automakers lauding higher fuel economy on their pickups. Its not helping resale values; not long ago, fuel-efficient vehicles and hybrids were very strong in used vehicle resale values, but thats been dropping this year. As car segments continue to morph, analysts look at other segment like compact crossovers for resale values and effect fuel prices may have on sub-segments What do the experts forecast in the coming months? Check out what the US Energy Information Administration, Kelley Blue Books Alec Gutierrez, and Black Books Ricky Beggs have to say about fuel price forecast and whats expected in hybrids, small cars, and compact crossovers.The Article What Impact Is Gasoline Prices Having on Used Car Forecasts? appeared first on Automotive Digest.

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L.A., Orange County Gasoline Prices Lowest on Labor Day Since 2010

2013-09-02 22:38:38| Oil & Gas - Topix.net

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose three-tenths of a cent today to $3.864, the lowest for a Labor Day since 2010.

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L.A., Orange County Gasoline Prices Lowest on Labor Day Since 2010

2013-09-02 21:23:40| Energy - Topix.net

The average price of a gallon of self-serve regular gasoline in Los Angeles County rose three-tenths of a cent today to $3.864, the lowest for a Labor Day since 2010.

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Southern California gasoline prices level off, may drop

2013-07-25 09:40:45| Energy - Topix.net

High gas prices at a Chevron station in Manhattan Beach, where gas prices were on the rise again, approaching $4.50 per gallon.

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