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Higher gasoline prices: temporary or time to buy a hybrid?

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Abstract

Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually decline?maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue of Page One Economics Newsletter ??Higher Gasoline Prices: Temporary or Time to Buy a Hybrid???for a discussion of factors that might influence that decision.

Suggested Citation

  • Li Li & Scott A. Wolla, 2012. "Higher gasoline prices: temporary or time to buy a hybrid?," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, issue sep, pages 1-4, September.
    • Handle: RePEc:fip:fedlpo:y:2012:i:sep
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2012/PageOne0912_High_Gas_Prices.pdf
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    References listed on IDEAS

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    1. Charles S. Gascon, 2009. "Season’s greetings and seasonal adjustments," Liber8 Economic Information Newsletter, Federal Reserve Bank of St. Louis, issue January.
    2. Kevin L. Kliesen, 1999. "Putting business software purchases into the national accounts," National Economic Trends, Federal Reserve Bank of St. Louis, issue Nov.
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