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AAA Reports Gas Prices Down as Demand Declines and Recession Fears Weigh Down Oil Market Expectations

October 18, 2022 By CollisionWeek Editor

According to AAA, fears of a global economic recession led to a major drop in the price of crude, down $7, which helped to minimize pump price increases last week. Meanwhile, domestic gasoline demand decreased as fewer drivers fueled up in the first half of October. According to the Energy Information Administration (EIA), gas demand […]

Filed Under: News Tagged With: AAA, Gas Prices, Gasoline Demand

Automatic Emergency Braking Absent When You Need It Most

September 29, 2022 By CollisionWeek Editor

Testing reveals AEB is better at spotting stationary vehicles, but speed poses challenges. AAA released the results of its testing of Automatic Emergency Braking (AEB) systems that are touted as lifesaving, crash-preventing tech, that is included as standard equipment in most new cars sold in the United States. Over the years, AEB has successfully stemmed […]

Filed Under: News Tagged With: AAA, AEB, Crash Avoidance

AAA Reports Gasoline Prices Increasing This Week

September 23, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Fuel Prices

Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline

September 19, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Fuel Prices

Gas Prices Continue to Decline

August 15, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Fuel Prices

AAA Says Annual Cost of New Car Ownership Crosses $10K Mark

August 12, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA

Gasoline Falls Below $4 Per Gallon for First Time Since Early March

August 11, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Fuel Prices

AAA Research Shows Drivers Change Habits to Counter High Gas Prices

July 26, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Gasoline Demand

Coalition Unveils Expanded, Updated Recommendations for Universal Terms for Advanced Driver Assistance Technology

July 26, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: AAA, Advanced Driver Assistance Systems, Consumer Reports, J.D. Power, National Safety Council, Partners for Automated Vehicle Education, SAE

Gas Prices Drop as Fuel Demand Declines Following July 4 Holiday

July 22, 2022 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: AAA, Fuel Prices, Gasoline Demand

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