Friday, 14 November 2014

Low gas prices translate to high consumer confidence

OIL AND GAS
Low gas prices translate to high consumer confidence
Alexandria, Va. (UPI) Nov 12, 2014 - The National Association of Convenience stores said Wednesday less cash spent at the gas station should translate to more money going to holiday spending. NACS found consumer sentiment was buoyed by lower retail gasoline prices in the United States. It said that, for every 1 cent gas prices decline, U.S. consumers are saving a collective $3.7 million per day at the pump. In its s ... more


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