Bloomberg: World’s new rich outbid US lower income groups for fuel
July 09, 2008 at 09:42 AM EDT
Small consolation - declining real terms of trade helping insurers. Progressive Gains as Record Gasoline Curbs Driving by Erik Holm Americans are driving less for the first time since 1980, data compiled by the Federal Highway Administration show. The rate of accidents per insured vehicle fell 0.5 percent in the first quarter from a year earlier after increasing [...]