Key Currency Exchange Rates for Friday, 11/10/17

American Dollar to Canadian Dollar = 0.777646; American Dollar to Chinese Yuan = 0.153083; American Dollar to Euro = 1.215643; American Dollar to Japanese Yen = 0.009617; American Dollar to Mexican Peso = 0.050393.

The American Trucking Associations praised the leaders and members of the House Transportation and Infrastructure Committee for their work in advancing the INVEST in America Act to the House floor. “Chairman DeFazio and the entire committee have produced a solid piece of legislation that authorizes a real and significant increase in funding for our roads and bridges, as well as a broad range of policies to improve highway safety,” said ATA President and CEO Chris Spear. “ATA supports this bill and appreciates the hard work of the committee members and staff, and we look forward to working with Congress to further improve this important bill as it continues through the process, and securing bipartisan support for an infrastructure investment package that provides real money for our roads and bridges.”

WASHINGTON, DC – As gas prices keep falling this summer, the big question is how low will they go? This past week, AAA reports the national average for a gallon of regular fell three cents to $3.13. You’d have to go back to 2020 for a lower national average on August 21 – that day the price was $2.18. With gas prices for this day the lowest they’ve been in 5 years, some are wondering if the national average will go below $3 a gallon in the coming weeks. There are too many variables to make a prediction; the oil market is too volatile. But if crude oil prices remain low and barring any major geopolitical events or tropical storms hitting the Gulf Coast, it’s safe to say drivers could continue to see cheaper prices at the pump as summer winds down.