Economy

Consumer Gasoline Spending Near All-Time High in 2013 Despite Domestic Oil Boom

SAFE’s analysis of the latest data from the Bureau of Labor Statistics finds that despite record domestic oil production, U.S. consumer spending on gasoline remained near all-time highs last year. Recent data from the Consumer Expenditure Survey (CES) from the Bureau of Labor and Statistics (BLS) indicates that the average U.S. household spent more than $2,600 […]

Read More…