According to the American Petroleum Institute's (API) Monthly Statistical Report, U.S. gasoline deliveries for the first half of 2010 averaged 8.88 million barrels per day, 0.6 percent lower than the corresponding period a year ago. Though the drop in demand is minuscule, it does provide us with an indication that despite low gas prices and a rebounding economy, U.S. demand for gas continues to wane.
Gasoline consumption across the U.S. has steadily declined during the last decade. Analysts have chalked up the drop in gas usage over the last ten years to the rise in more efficient technologies, better public transportation, the stalled economy and steadily increasing gas prices.
Opening an article with the question, "how much does gas cost?" seems like it requires a fairly straightforward answer. You could hop in your car, drive to the nearest gas station and answer it in no time. Similarly, you could hit up the site GasBuddy and find an answer even quicker. Using either of those methods, you'll come back with an answer somewhere near $2.79 in the U.S. today. Though the answer may seem right, Ezra Klein of the Washington Post argues otherwise.
There's a good chance anyone reading this is in the minority. At least, a minority according to a new study by Harris Interactive, which says that most Americans are not willing to pay extra money for clean vehicle technology. The only "winners" in the study, such as they are, are the cheaper, easy-to-add eco boosters like start-stop technology and "eco drive assistants" (i.e., lights on the dashboard that help drivers save fuel). These are the technologies that Harris found Americans are most w
There were obvious eco-preservation overtones in the movie Avatar, but we didn't know James "King of the World" Cameron was such a fervent defender of the planet. With Pandora safe from mineral exploitation, Cameron is leading a charge here on Earth against what he considers a disinformation campaign perpetuated by the oil and coal lobbies. If you've seen a TV spot that includes the words "clean energy" but is signed off by either a coal or oil company, you know who he's talking about. Cameron i
41U.S. demand for gasoline sets all-time record for March, trend expected to continue throughout summer
Apparently the slew of hybrids and a handful of electric vehicles on the roads here have had little, if any, impact on gasoline consumption. The numbers for March show that we are more thirsty for the stuff than ever. According to the American Petroleum Institute (API), our refineries produced more than 9.3 million barrels of gas per day in March, more than any other single month in U.S. history.
The cosmic oil-consumption scales have been tipping back and forth a lot this week. On Tuesday, Nissan revealed that its all-electric Leaf will be priced lower than most of us expected. On Wednesday, President Obama announced that we'll be ramping up our off-shore drilling efforts on the East Coast. And on Thursday, the EPA and NHTSA announced changes to the nation's CAFE standards, upping them to more than 34 miles per gallon by 2016 and regulating green house gasses for the first time. So, in
Last year, the reality of $4 gallons of gasoline (and, of course, economic uncertainly), caused a lot of changes in the auto industy in the U.S., from a drop in vehicle miles traveled to a decrease in big vehicle sales. Looks like that $4 level is the tipping point for any future changes in driver behavior as well, according to a new survey put out by Cars.com.
After Pittsburgh police noticed a Hummer (yep, a Hummer... what else?) sitting conspicuously close to a five-hundred gallon tank of gas at a golf course, the vehicle suddenly took off. Considering that the top speed of a Hummer is right around one-hundred miles per hour, we can safely say that the driver was giving it all he had in an attempt to get away. The high-speed chase ended as the Hummer smashed into a tree and rolled several times in a nearby parking lot. The eighteen-year-old-driver su
With the cost of gasoline skyrocketing, thieves in Hawaii -- where the average price easily exceeds $4 per gallon -- have taken extraordinary measures to steal fuel. Only mildly deterred by locking gas caps, bandits have been cutting fuel lines to circumvent the common preventatives. With nothing more than a straight edge blade, a piece of garden hose, and a bucket, the lawless make easy work of the plastic fuel lines under cars as they cut them to gain simple access to the tank and its flammabl
The Kelley Blue Book seems to track nearly everything related to cars and transportation. We recently became aware that a new KBB survey indicated that consumers are changing their car-buying habits because of high fuel prices. Not every purchaser is choosing as efficient a vehicle as they could, to be sure. According to KBB's latest survey, new car buyers are spending less on non-essential activities, like going to the movies, eating out and even purchasing new homes, all because of those same
In a sign that the high cost of gasoline has finally struck a central nerve, car shoppers today are reportedly more concerned about fuel economy than they are about the brand of vehicle when shopping for a new car. In addition, consumers want more government control over fuel economy. This startling news, and a reversal of consumer trends two years ago, is the result of a new AAA survey which studied consumers' attitudes towards fuel prices.