At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons
At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for every 10% increase in the price of gasoline, quantity demanded falls by 1.9%. By the end of this year, the price of gasoline is expected to increase by 40 cents from $2.90 per gallon. Based on this […]