New Study Documents Consumer Behavior When Gas Prices Fall

MIAMI, FL - OCTOBER 19: Josephina Romano fills her vehicle with gas at a U-Gas station on October 19, 2015 in Miami, Florida. As gas prices remain low across the nation, a recent study released by JPMorgan Chase Institute, indicates that as American consumers have more income to spend they use some of that money to purchase higher-octane gas that costs more thus negating the money saved even as gas prices remain low. (Photo by Joe Raedle/Getty Images)
MIAMI, FL - OCTOBER 19: Josephina Romano fills her vehicle with gas at a U-Gas station on October 19, 2015 in Miami, Florida. As gas prices remain low across the nation, a recent study released by JPMorgan Chase Institute, indicates that as American consumers have more income to spend they use some of that money to purchase higher-octane gas that costs more thus negating the money saved even as gas prices remain low. (Photo by Joe Raedle/Getty Images)
New Study Documents Consumer Behavior When Gas Prices Fall
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Credit:
Joe Raedle / Staff
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493361544
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Getty Images News
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19 October, 2015
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