We live in a crazy world where the price for gas increases, although the oil price drops. According to Lundberg Report, the average price of a gallon of gas in the United States rose to 4$ a gallon, which is 12 cents more than two weeks ago.
According to some analysts, $4-4, 50 is the tipping point at which the drivers change their driving patterns by riding with friends, trying to combine trips or simply reduce the numbers of miles covered.
Over the last few months, one of the hottest car segments was the compact, fueled by the launch of the Chevrolet Cruze and the Hyundai Elantra. Due to the reason that the Japanese auto industry is still affected by the natural calamities, the inventory levels of high-mileage hybrids will be limited through this following summer.
Source: Reuters via Yahoo! News via TheCarConnection via GreenCarReports| Photo: WorkSmarterNotHarder
Post tags: Tags: gas price, News, oil price
