Author Topic: US fuel Prices lowest in decades...!!  (Read 3625 times)

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US fuel Prices lowest in decades...!!
« on: March 27, 2015, 10:22:21 AM »
     Strange isn't it..  yet ours petrol cost  is back up again..yet we are told to conserve fuel use..??...& like good people  we are also using LESS per driver per average then a decade ago.. but still dearer then when our A$ was mid 70's 10 years back and the Oil cost was around the same pricing.. strange how politicians are so quiet on this.... all sides of politic's... maybe they just don't fill their own vehicles.. don't know.. or maybe the political parties and Treasury is in bed with the tax benefits and contributions the Oil importers give to Political parties in this country... 
   .. Nuh.. couldn't be that could it....!! :sorry:.

Los Angeles    USA    US$ Trend per gallon.
Today   3.270   2.433   Prices Falling
Yesterday   3.283   2.430
One Week Ago   3.357   2.433
One Month Ago   3.366   2.378
One Year Ago   4.051   3.538

Average U.S. gasoline usage lowest in 3 decades, study says

Automotive News | March 25, 2015 - 2:09 pm EST
       With improvements in vehicle fuel economy, U.S. drivers’ average gasoline consumption is the lowest it’s been in at least 30 years, according to research by the University of Michigan released today.
       The number of gallons of gasoline used per person, driver, vehicle and household is below rates in 1984, when the study was first conducted, according to researcher Michael Sivak of the University of Michigan Transportation Research Institute.
       In 2013, gallons of gasoline consumed per person (392) fell 17 percent from 2004, gallons used per driver (583) fell 16 percent, and gallons used per household (1,011) fell 19 percent. 2004 was the year of maximum consumption for those categories.
Gallons used per vehicle (524) dipped 14 percent from 2003, which was its maximum consumption year.

      Even though population grew 8 percent from 2004 to 2013, total fuel consumed by light vehicles decreased 11 percent, Sivak said in a statement.
      In 1984, annual fuel consumption rates were slightly higher than in 2013: 400 gallons per person, 608 gallons per driver, 602 gallons per vehicle and 1,106 gallons per household.
The study also found that the number of vehicles and distance driven per person, driver, vehicle and household are at their lowest since the 1990s, the statement said.

        The declining number is driven not only by economic factors, but also rises in telecommuting and use of public transportation, Sivak said.
       “The reductions in the fuel-consumption rates reflect, in part, the added contribution of the improvements in vehicle fuel economy,” he said in a news release.
        “Per person, per driver and per household -- we now have fewer light-duty vehicles, we drive each of them less and we consume less fuel than in the past,” Sivak added.
     Sivak and fellow researcher Brandon Schoettle also compile an average fuel economy report each month.


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Re: US fuel Prices lowest in decades...!!
« Reply #1 on: March 27, 2015, 04:18:13 PM »
The fact that fuel prices are dropping and cars are becoming more effiecent means that we can get bigger V8S :burnout:


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