Study: Americans not driving as much, filling up gas tanks less

High gas prices are never fun and have been forcing drivers to drive less. And to further support this trend, MasterCard has just released a new study through its SpendingPulse program that us Americans purchased 62.3 million barrels of gasoline last week, an overall decline of 2.7% from last year.

To further add, the U.S. Transportation Department noted that Americans drove 1.453 trillion miles up to June 30th this year, about 1.1% less than the same time period in 2010.

Additionally, gas prices are still hovering around a $3.87/gallon price range with the highest being $3.94 in California.

The MasterCard SpendingPulse study program is based on a report of hourly traffic at 4,000 locations around the country.

– By: Chris Chin

Source: Detroit News