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Posted August 21, 2018Today in Energy

U.S. households are holding on to their vehicles longer ›

The turnover of household vehicles has slowed since 2009, based on U.S. Department of Transportation surveys of household vehicle travel. The 2017 National Household Travel Survey (NHTS) reported that households held on to their cars, trucks, and vans longer. The average vehicle age has increased from 9.3 years in 2009 to 10.5 years in 2017, suggesting that many households have delayed the purchase of a new vehicle and continuing a trend of U.S. households operating vehicles longer. More

U.S. household vehicle age distribution

Source: U.S. Department of Transportation, Federal Highway Administration, National Household Travel Survey

Data Highlights

WTI crude oil futures price

8/20/2018: $66.43/barrel

down$0.77 from week earlier
up$17.92 from year earlier

Natural gas futures price

8/20/2018: $2.941/MMBtu

up$0.011 from week earlier
up$0.048 from year earlier

Retail gasoline price

8/20/2018: $2.821/gal

down$0.022 from week earlier
up$0.461 from year earlier

Retail diesel price

8/20/2018: $3.207/gal

down$0.010 from week earlier
up$0.611 from year earlier

Weekly coal production

8/11/2018: 15.393 million tons

down0.468 million tons from week earlier
down0.318 million tons from year earlier