So long 2007. Hello 2014. According to new DOT data, peak driving is no longer in the rear view mirror but ahead of us thanks to cheap gas getting even cheaper, the rebound effect, an improved economy, and warmer weather.
Jan 25, 2015 The Detroit News
The effect of low gas prices on motor vehicle selection by consumers could set back President Barack Obama's climate legacy, which includes obtaining fuel economy standards of 54.5 mpg by 2025.
Dec 31, 2014 The Wall Street Journal
For the first time since 2006, gasoline consumption in California increased from the prior fiscal year. From July 2013 through June 2014, consumption increased 1 percent.
Dec 4, 2014 The Sacramento Bee
Ben Adler of Grist writes how falling oil prices will affect climate change. Cheaper gas prices may encourage more driving and more truck sales at the expense of hybrid, electric, and fuel efficient cars, but the news may not be all bad.
Oct 31, 2014 Grist
A recent study at the University of Michigan Transportation Research Institute showed that September saw the largest decline in average fuel economy, from 25.8 mpg to 25.3 mpg, since December 2011.
Oct 9, 2014 24/7 Wall Street
According to Nick Bunkley, and data compiled by TrueCar.com, probably not. Aside from two hybrids and a diesel car, gas would need to cost $8 a gallon before most hybrids cover their increased initial cost versus a similar, non-hybrid model.
Apr 5, 2012 The New York Times