America just set a new record for gasoline consumption
In June, Americans guzzled more gas than ever before. The Energy Information Administration's latest tally revealed that, in June, drivers used "more than 405 million gallons of gas a day" — the highest rate of consumption since record-keeping began in 1946, NPR reported.
That spike in consumption mostly has to do with the drop in gas prices, experts said. For instance, this Labor Day weekend, gas prices are 40 percent lower than they were just two summers ago. And while the tallies are only completed through June, experts are already predicting this entire year will be a record-setter in terms of gas consumption due to low prices.
However, analysts contend this uptick will be short-lived, especially as car manufacturers are pushed toward making more gas-efficient vehicles. As Joanne Shore, chief industry analyst at the American Fuel & Petrochemical Manufacturers, explained it, "we'll have more people driving," but "we will be using less fuel."
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