Interesting trend. It will be interesting to see how this effects oil imports and retail sales in the months ahead.
Americans drove around 4.5 billion fewer miles in April compared with the same month last year, marking the lowest mileage clocked on US roads for the month since 2003, a report showed Thursday. The Federal Highway Administration (FHA) said in its monthly report that the number of vehicle miles driven in the United States fell by 1.8 percent, to 245.9 billion, based on preliminary data from the state highway authorities across the United States. |
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