(September 29, 2020) The latest Energy Information Administration (EIA) report measures demand at 8.52 million barrels a day, which is a slight uptick from the previous week’s 8.48 million barrels. However, the small increase is still 850,000 barrels a day lower than last year at this time, AAA reports.

“Low demand, even as gasoline stocks decline, has helped pump prices decline or hold steady on the week,” said Jeanette Casselano, AAA spokesperson. “That is likely to continue into the fall as the season sees fewer road trips, especially amid the pandemic.”

By Paul Borden
MotorwayAmerica.com

(September 27, 2020) “Trickle down” is not just an economic theory that either works or doesn’t work mostly depending on your political views, but there is no doubt that “trickle down” when referred to in the automotive world works. Today safety and driver assistant features that once were exclusive to high-end luxury cars often are showing up on much less expensive vehicles, and not just as options.

(September 25, 2020) SANTA MONICA, Calif. — The car shopping experts at Edmunds say that the third quarter represents a positive turning point for the automotive industry despite challenges presented by the coronavirus (COVID-19) pandemic. Edmunds analysts forecast that 3,850,707 new cars and trucks will be sold in the U.S., which reflects an 11% decrease from the third quarter of 2019, but a 30.6% increase compared to the second quarter of the year.

(September 22, 2020) The latest Energy Information Administration (EIA) report measures demand at 8.48 million barrels a day, which is a slight uptick from the previous week’s 8.39 million barrels a day. However, the small increase — likely due to holiday road trips — is still 461,000 barrels lower than last year at this time. Low demand, even as total domestic stocks of gasoline declined to 231.5 million barrels, has helped keep pump prices low, according to AAA.