Demand For Gasoline Is Higher, But Miles Driven Are Fewer - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Demand For Gasoline Is Higher, But Miles Driven Are Fewer

Updated:
NEW YORK (AP) -- The latest statistics from AAA show gasoline prices have increased by more than a dollar since January, but how that jump is affecting consumer habits is less clear.

While AAA puts the current average price per gallon at $3.18, Energy Department figures show Americans' demand for gas has gone up. In the first three months of the year, the department says demand rose more than 2%.

However, other government data for the first quarter shows a contradictory trend. Transportation Department highway statistics suggest Americans drove fewer miles than last year, by nearly 1%.

Some analysts suggest that demand may be growing even more than the government estimates. But a spokesman for the Federal Highway Administration says if people are looking for a trend, they need to examine data over a longer period.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.