According to AAA, since Monday, the national average for a gallon of regular gasoline increased by a penny to $3.68. After declining for 98 consecutive days, the national average reversed course as fluctuating oil prices and tight supply due to planned and unplanned maintenance work at refineries on the West Coast and Midwest contribute to […]
Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline
AAA reported that fewer drivers fueling up helped the national average pump price for gasoline to drop four cents in the past week to reach $3.67. But it’s the smallest weekly decline in months and may signal that the streak of daily falling national average gas prices, approaching 100 days, is nearly finished. “All streaks […]
Gas Prices Continue to Decline
AAA reported that the national average for a gallon of regular gas fell 10 cents in the past week to $3.95 today, due primarily to stable oil prices and fewer drivers than usual fueling up. Today’s national average is 62 cents less than a month ago, but 77 cents more than a year ago. “Falling […]
AAA Says Annual Cost of New Car Ownership Crosses $10K Mark
According to the latest research from AAA, the average yearly cost to own and operate a new vehicle in 2022 is $10,728, or $894 per month. A considerable increase from 2021, when the average yearly cost was $9,666 or $805.50 per month. Not surprisingly, fuel prices are the most significant factor pushing this year’s average […]
Gasoline Falls Below $4 Per Gallon for First Time Since Early March
Demand increased last week as prices declined. AAA reported that since Monday, the national average for a gallon of regular gasoline dropped six cents to $3.99. The national average has not been below $4 per gallon since March 5. In the spring, oil prices spiked in reaction to Russia’s invasion of Ukraine, leading the national […]
AAA Research Shows Drivers Change Habits to Counter High Gas Prices
New survey finds Americans are driving less as gas prices remain high. New survey data from AAA finds that drivers are making significant changes to cope with record pump prices. Almost two-thirds (64%) of U.S. adults have changed their driving habits or lifestyle since March, with 23% making “major changes.” Drivers’ top three changes to […]
Coalition Unveils Expanded, Updated Recommendations for Universal Terms for Advanced Driver Assistance Technology
A coalition of the nation’s leading experts in automobiles and auto safety—AAA, Consumer Reports, J.D. Power, National Safety Council, PAVE, and SAE International—released a set of expanded and updated recommendations for universal terms for advanced driver assistance system (ADAS) features. The six overarching categories on the list are collision warning, collision intervention, driving control […]
Gas Prices Drop as Fuel Demand Declines Following July 4 Holiday
Gasoline delivered last week was below level in 2020 during height of pandemic declines. According to AAA, prices at the pump continued to decline as demand declined following the July 4 holiday. The national average price on July 21 was $4.440 per gallon, down from $4.467 the day before, $4.605 the previous week and from […]
AAA Foundation Study Finds Many Drivers Hit the Road on Potentially Impairing Medications
Nearly half of the drivers surveyed said they used one or more potentially impairing medications in the past 30 days, according to new research by the AAA Foundation for Traffic Safety. The proportion of those choosing to drive is higher among those taking multiple medications. More concerning, many who took these medications to combat depression, […]
AAA Research Says Quarter of Americans Would Likely Buy EV as Next Vehicle
Unsurprisingly, AAA finds that gas prices are leading Americans to go electric. AAA’s latest consumer survey reveals that one-quarter of Americans say they would be likely to buy an electric vehicle (powered exclusively by electricity, i.e., not a hybrid) for their next auto purchase, with Millennials leading the way (30%). Of those who want to […]
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