Hybrids: The New Economy Cars?
HYBRIDS: THE NEW ECONOMY CARS?
May 10, 2006: It might be too soon to dub hybrids the "new economy car," but a new study from the Consumer Federation of America says that Congress can help make that a reality by pushing for a federal 50 mpg fuel-efficiency standard: "The CFA analysis shows that at $3 a gallon even purchasing a 48 miles per gallon vehicle today makes sense for consumers because higher auto loan payments for more efficient cars are recouped by the money saved paying for lower monthly gas purchases" ... But, from the look of things, you should't be holding your breath for Congressional action on improved fuel-efficiency standards any time soon ... Meanwhile, Detroit's motor sales continue to hit rock bottom, even as Toyota posts a record quarterly profit ... As oil prices continue to gyrate above and below $70 a barrel, talk continues about $100 a barrel prices later this year, which would mean $5 a gallon for gas and another 30 percent boost in winter heating oil costs ...
This Weekly Update is from 40 MPG.org
posted by Annamarie at
10:47 PM
3 comment(s):
tons of debate going on ...hybrids, bio-diesel, and the latest, the liquid natural gas (saudis are building the ships right now for the extremely dangerous cargo).
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11:32 PM
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8:40 PM
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