Gasoline Use News Today

Been thinking about....a big fireball

(Bloomberg) -- The US Thanksgiving travel period is shaping up to be the busiest since 2019 with 55.4 million Americans expected to travel 50 miles or more from home, according to a forecast from the American Automobile Association.Most Read from BloombergGoldman Sachs, Morgan Stanley Diverge on Fed Rate-Cut ForecastsChina Weighs Ending Freeze on Boeing With 737 Max Deal in USIceland Girds for Volcanic Eruption That Could Wipe Out TownSunak Fires Braverman and Names David Cameron Foreign Secreta

American Car Makers (Land of Ethanol) Disregards Opportunity And Sticks With Battery Vehicles.

The final trading week of the year brought good news to growers as prices rallied to seven-week highs on less rainfall in Argentina than expected.

For. >> bret: liskly if you a high jobs number and low inflation number how do we as a country avoid recession? >> >> prices if they can come down organically, now, we have seen 2.5% decline in gasoline use. and by the way, thats what the federal reserve is trying to do. now, what theyre try position do is to punish the stock market enough and i think the number for jay powell is to knock it down 20%. so that we lose some of that so-called wealth effect. and when we lose that wealth affect we st...

Explodes. [shouting] [screams] >> this happening just north of paris, chunks of burning wood set flying into the crowd. people running for their lives, gasoline use today light fire caused the terrible explosion. cash on monoxide being blamed for a hotel killing a 13-year-old and poisoning a dozen others. >> i have a report of approximately six to seven children in the pool area all unconscious. abby: kids were playing at the pool in mitch gabe when they started getting sick and passing out. 11 ...

But many doubt the model is possible in the states. >> i think israels about the size of new jersey. even northern california it would be very, very hard to blanket that with the kind of battery-changing stations that we need. >> reporter: agassis just asking for a shot. >> give me seven days of gasoline use in the u.s., which is about $8 billion, and we can cover the entire country with the same network and get the u.s. off of oil. >> reporter: but american car companies havent shown much inter...

The cost of rubber and raw materials up 15%. and something we rarely think about. depreciation is up almost 5% this year, as gas guzzlers are quickly losing value. add insurance and maintenance and aaa says driving costs you 59 cents a mile. >> when you put it into dollars it really resonates with people. they understand and they look and consider that almost $9,000 to annually own and maintain your vehicle, thats a lot of money. >> reporter: the president says his plan is no quick fix. >> it wi...

Environmentalists for reducing greenhouse gases and dependence on foreign oil. some automakers say it would be expensive and could depress the industry. the president just said, were getting rid of these. he plays that as an advantage to the business. >> its an advantage to the business. its a detriment to the economy -- to the environment. theres no doubt these are tough standards. getting to 54.5 miles a gallon would never be easy. it would have required a lot of costs. but they are borne on c...

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