Nov 22, 2017

Holiday driving costs rise

Reproduced from GasBuddy; Chart: Axios Visuals

GasBuddy is out with a look at average Thanksgiving gasoline prices in recent years. This year will bring the highest cost since the $2.79 average in 2014, but Thanksgiving pump prices are still well below where they were five years ago ($3.44).

They have more travel data and advice here.

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Podcast: Blood and oil

Gas prices in the U.S. are stable, despite the unfolding crisis with Iran. Dan and Axios energy reporter Amy Harder discuss if this is the new normal.

Go deeper: Why oil prices aren't rising

Retail's rough post-holiday ride

Data: FactSet; Chart: Axios Visuals

The U.S. stock market rose broadly on Thursday, but a number of retail stocks went south after companies revealed distressing news about their holiday sales.

What happened: J.C. Penney and Kohl’s reported lower sales during the critical months of November and December, and Macy's announced poor holiday sales and the closure of several stores.

Go deeperArrowJan 10, 2020

Christmas trees are sparse this year

Tommy Speer helps a customer pick out a Christmas tree at Speer Family Farms in Alameda, California. Photo: Justin Sullivan/Getty Images

Demand for Christmas trees plummeted during the recession 10 years ago, so tree growers scaled back planting. Tree demand bounced back, but supply didn't.

Why it matters: Buyers are paying more for trees due to the shortage. According to the National Christmas Tree Association, the average price of a tree was $36 in 2008. The price spiked to $78 in 2018.

Go deeperArrowDec 18, 2019