July 11, 2022
High U.S. gasoline prices weigh on demand as consumers start to feel the pinch, says analyst
Surging gasoline prices in the U.S. are showing signs of impact on consumption, according to one risk analyst.
“We’re starting to see some signs of demand destruction, particularly for gasoline, but it’s really just off some of the highs of last year, when gasoline prices were much cheaper,” Rachel Ziemba, founder of Ziemba Insights, a research firm, tells CNBC.
Watch the full interview from CNBC here.
More from CNAS
-
Could There Be a Way to Make Economic Sanctions More Mission Oriented?
Podcast
One of the main tools foreign policy leaders have to exert pressure on other governments is through the use of economic tools. Sanctions, export controls, investment restricti...
By Lt Col Mary Hossier
-
Boosting Economic Security Collaboration Among G7 Economies and like-Minded Allies
Commentary
Emily Kilcrease, senior fellow and director of the CNAS energy, economics, and security program, and Geoff Gertz, senior fellow, participated in the T7, the official engagemen...
By Emily Kilcrease & Geoffrey Gertz
-
Ducking Climate Science Is a Danger to the U.S. Military. Congress Must Help.
Commentary
This article was originally published in Breaking Defense. The Trump Administration’s recent decision to revoke the EPA “endangerment finding” is emblematic of a trend in Amer...
By Will Rogers
-
CNAS Insights | Trump's Plan B for Tariffs
Commentary
The administration is already pivoting to a new tariff architecture that will mostly, though not entirely, recreate his previous tariffs....
By Geoffrey Gertz
