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Cheap Gas’ Latest Victim is Fuel Economy
Oilprice.com ^ | 08-07-2016 | Irina

Posted on 07/08/2016 9:42:09 AM PDT by bananaman22

Falling prices at the pump have given motorists reason to rejoice continuously over the last year and a half, but they’re not good news for everyone. At least, not for the people who are about fuel economy.

The latest sales-weighted fuel economy ratings report by the University of Michigan Transportation Research Institute revealed that in June, the value of the indicator was 25.3 miles per gallon, down from 25.4 mpg in May. Now, that’s not a huge dip, as Road Show author Andrew Krok notes, but it follows a pattern of declining fuel economy that parallels the decline in gas prices.

The cheaper the fuel, the more people went out and bought huge crossovers, shunning smaller and more fuel-efficient cars. Who needs fuel efficiency when gas is less than US$2 a gallon? American drivers are enjoying the lowest summer gas prices in ten years.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Travel
KEYWORDS: automotive; cars; energy; gasoline; methane; opec; petroleum; suvs

1 posted on 07/08/2016 9:42:09 AM PDT by bananaman22
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To: bananaman22

People with larger trucks and suv’s still self-limit driving if they believe they are spending too much on gas. Just like anyone else.

Same press moaned about people,cutting back on driving when gas was over $4 a gallon, bitcing govt was not getting enough tax money because drivers cut back on unnecessary travel.

Libtards. Drive too much and you suck. Drive too little and you suck. Drive the same and you suck because you’re not changing how you drive.


2 posted on 07/08/2016 9:51:22 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: bananaman22
With summer diesel (winter diesel numbers are lower) I easily get 53mpg at a steady 65mph.Plus my car has all the bells and whistles (well,most of them a least).
3 posted on 07/08/2016 9:51:41 AM PDT by Gay State Conservative (What Did Loretta and BillyBob Discuss For 30 Minutes In Phoenix? Grandchildren?)
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To: bananaman22

The cause of cheaper gas has nothing to do with the US. When the Russians discovered huge fields in Siberia, they were intending to open them up and create a controlling market for sales. OPEC lowered their prices to “head them off at the pass.” As soon as Russia is forced to be nothing more than be competitive, the prices from all with shift back up to the rediculus level of cost it was per barrel to start with. And it will probably coincide with one of the change-overs of gas to heating oil to make it look like the oil companies are really giving you a deal at the pump. (When in reality it is really government taxes that are raising the prices to begin with)

red


4 posted on 07/08/2016 10:06:49 AM PDT by Redwood71
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To: bananaman22

I have the same vehicle I had when gas cost $3.80/gal.


5 posted on 07/08/2016 10:12:06 AM PDT by Tax-chick ("Tell 'em that God's gonna cut 'em down." ~Johnny Cash)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
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"Death to America!
Wait, what?"


6 posted on 07/08/2016 10:27:27 AM PDT by SunkenCiv (I'll tell you what's wrong with society -- no one drinks from the skulls of their enemies anymore.)
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To: bananaman22

That’s why I drive a 2015 Honda Fit EX hatchback. I’ve seen 40+ mpg at a steady 65 mph on the freeway—pretty good considering this is not a hybrid drivetrain car.


7 posted on 07/08/2016 10:53:46 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: bananaman22

I drive a 2016 Chevy Silverado. I could care less about mileage.


8 posted on 07/08/2016 11:07:21 AM PDT by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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To: bananaman22

Cheap Gas: Women and Minorities Hardest Hit


9 posted on 07/08/2016 1:33:04 PM PDT by oblomov (We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
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To: bananaman22

I’ve been averaging 46MPG thus far this summer. Of course the vehicle in question only weighs around 800Lb. :-)


10 posted on 07/08/2016 1:50:41 PM PDT by AFreeBird (BEST. ELECTION. EVER!)
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