Rising Gas Prices Might Affect Large SUV Sales and Trade-In Values
As crude oil reached $91 a barrel on the New York Mercantile Exchange last week, U.S. gasoline prices started going up reaching an average value of $3.05 per gallon. That’s about half a dollar more than what Americans had to pay a year ago and the highest level since October 2008, according to the U.S. Department of Energy. Diesel prices have also increased to an average of $3.29 a gallon. If