Drivers get a break while gas prices fall

Drivers get a break while gas prices fall

Assessment

Interactive Video

Business, Architecture, Engineering

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the current state of gas prices, noting a rare decrease during the summer due to falling demand. Gasoline demand is lower than usual, and crude oil prices have also decreased. Diesel prices have significantly dropped, benefiting the economy. However, prices could rise again due to potential storms or refining disruptions.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current national average price of gasoline according to the transcript?

$4.00 per gallon

$3.44 per gallon

$3.25 per gallon

$3.75 per gallon

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the decrease in gasoline prices during the summer?

Increased gasoline production

Falling demand for gasoline

Government subsidies

Improved fuel efficiency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recent price range for crude oil per barrel in the US?

Mid 70s

Mid 80s

Mid 90s

Mid 60s

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much has the price of diesel decreased from 2022?

From over $6 to $3.75

From over $5 to $3.75

From over $7 to $3.75

From over $4 to $3.75

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could potentially cause a reversal in the current downward trend of fuel prices?

A rise in electric vehicle adoption

An increase in public transportation use

A major storm in the Gulf of Mexico

A decrease in vehicle sales

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