Did you replace a truck based SUV with a more efficient vehicle? Did you insulate your home or take other steps to conserve? Are you more aware of wasting energy?
I definitely took mpgs into consideration when buying my newest car. I was looking at three cars...Mazda 3 wagon, Subaru WRX wagon and the Honda Fit. I chose the Fit because the EPA mpg mileage estimates were higher. I am now getting even higher mpgs (40+)...I definitely made the right choice.
Yep.
Oil is only ever going to increase in price now.
Got rid of a 2.5 V6 Petrol (18-20MPG) for a 1.4 TDi (50-60MPG).
That's a blanket statement.
If more and more people start driving more fuel efficient vehicles, the demand for crude will drop and so will prices.
At $150/bbl in 2008 there were people saying $200/bbl crude was inevitable and we would never again drop below $120/bbl. Well...we did...ending WELL below that. (Sad that it took a massive recession to do it, but it certainly happened.)
Governments can push for even higher-efficiency vehicles and add a tax to gas/petrol to make it worth it to the consumer to switch and the demand for crude oil will , in fact, drop. Otherwise, this natural push toward fuel efficiency would occur on it's own ONLY at somewhere above $130 a barrel with prices dropping afterwards due to market forces.
If crude oil "only ever goes up" from this day forward, I would be absolutely shocked.
If more and more people start driving more fuel efficient vehicles, the demand for crude will drop and so will prices.
Petrol will only increase in price (trending upwards, not constantly increasing).Demand will be higher due to China and India getting more into cars, and there will always be less of it in existence.
And from what I read, when petrol prices increased, people were shopping for fuel efficient cars, and SUV sales nosedived. However, since petrol prices dropped in the US, SUV sales have picked up again. It's such unbelievable short-term thinking!
No, but when they hit I will probably be in an electric scooter, or dead.
I am uncertain which I prefer.![]()
Petrol will only increase in price (trending upwards, not constantly increasing).Demand will be higher due to China and India getting more into cars, and there will always be less of it in existence.
And from what I read, when petrol prices increased, people were shopping for fuel efficient cars, and SUV sales nosedived. However, since petrol prices dropped in the US, SUV sales have picked up again. It's such unbelievable short-term thinking!