Recent Streetsblog USA posts about Gas Prices

The New Climate Villain Is Cheap Oil

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Long-term climate prospects brightened somewhat in 2015. Pope Francis put climate care on the moral and political agenda. President Obama rejected the Keystone XL dirty-oil pipeline. Denialist heads of state were routed in Canada and Australia, and their brethren in the U.S. faced growing ridicule. To cap it off, nearly 200 nations signed the UN Paris […]

The High Price of Cheap Gas

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At least on the surface, the big declines in gas prices we’ve seen over the past year seem like an unalloyed good. We save money at the pump, and we have more to spend on other things, But the cheap gas has serious hidden costs—more pollution, more energy consumption, more crashes and greater traffic congestion. […]

The End of Peak Driving?

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Cross-posted from City Observatory.  A little over a year ago, a gallon of regular gasoline cost $3.70. Since then, that price has plummeted, and remains more than a dollar cheaper than it was through most of 2014. Over the same period, there’s been a small but noticeable uptick in driving in the US. After nearly […]

Putting the Recent Uptick in Driving in Perspective

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With gas prices plummeting and employment figures rising, America’s per capita driving rate increased in 2014 for the first time in nearly a decade. But experts warn driving is far from back to its previous historical pattern. According to new data from the Federal Highway Administration, total driving mileage climbed 1.7 percent in 2014, higher than […]