ABCNEWS - WATCH: New report points to rising used car prices
Edmunds' director of insights, Ivan Drury, weighs in on a new report showing 3-year-old used cars could top $32,000, and why prices are surging.
NEWSNATIONNOW - Americans are taking on bigger, longer loans to afford new cars
Americans financed nearly $44,000 on average for new cars in the first quarter, according to Edmunds.
AXIOS (Amy Harder) - Why oil price spikes (probably) won't spur shift away from oil
Oil prices would need to stay high for years — not weeks or months — to drive a lasting shift away from the fossil fuel. The big picture: Every time oil spikes, the same question surfaces: Will this push more people into electric cars or install solar panels onto rooftops? State of play: That's happening again following oil prices zoomed past the $100-a-barrel mark in the wake of the Iran war. Driving the news: Prices dropped at least temporarily in the wake of President Trump signaling Monday evening he wants a quick end to the conflict , as well as talking up ways to lower oil prices. Reality check: Energy transitions hinge on stable policies and market signals that last for decades. - Temporary price jolts from unstable…
Oil prices would need to stay high for years — not weeks or months — to drive a lasting shift away from the fossil fuel. The big picture: Every time oil spikes, the same question surfaces: Will this push more people into electric cars or install solar panels onto rooftops? State of play: That's happening again following oil prices zoomed past the $100-a-barrel mark in the wake of the Iran war. Driving the news: Prices dropped at least temporarily in the wake of President Trump signaling Monday evening he wants a quick end to the conflict , as well as talking up ways to lower oil prices. Reality check: Energy transitions hinge on stable policies and market signals that last for decades. - Temporary price jolts from unstable…Open