U.S. regular gasoline retail prices expected to average $2.62 per gallon (gal) in Q1 and $2.72 in Q2, up 4.5% from the US Energy Information Administration's previous forecast. Diesel is forecast to average $3.00 per gallon before settling back to a full year average of $2.91 per gallon. The Administration forecast for 2019 is $2.58 per gallon for gasoline and $2.87 for diesel.
The automobile has been synonymous with innovation since it’s early beginnings, not always driven by profit alone. Volvo introduced the 3 point seat belt in 1959 but chose to open up the patent to all manufactures, saving millions of lives over the years as a result.