Tuesday, July 30, 2013

United States: The Cost Of Gas Rises While Shale Oil (Supposedly) Boosts Supply Of Petroleum

Coming soon to a gas station near you.


Even though Americans drove more fuel-efficient cars and consumed steeply reduced quantities of fuel, an Energy Department report says households spent almost 4% of their pretax income on gas - the highest percentage in 30 years. (Los Angeles Times)


In California, the Toyota Prius (hybrid) just overtook the Honda Civic as the most popular new car.

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