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In 1978 CAFE standards were set. Back then the average MPG was set at 18 MPG for cars only. Light duty trucks were added in 1979. The standards increased over the years, although not every year had an increase in average MPG. By 2011 the CAFE standard had increased to 30.2 MPG for cars. Between now and 2016 standards are set to increase the average MPG to 35.5 MPG which would save 1.8 billion barrels of oil during the period alone. By 2025 just 13 years from now the standard increases to 61 MPG.
For those of us who lived through the Jimmy Carter inflation years, we saw it coming with this Administration. My retirement annuity went up $77 this year and my health insurance went up $195. I certainly won't be increasing any spending this year on anything and that goes for gasoline. I expect many Americans are in the same boat.
Oh sure...right...blame Obama. Might as well, since you guys have blamed him for everything from the economic collapse that started before he even took office to the wars in that he just ended. I'm sure he's responsible for the tsunami in Japan, too.
Let me ask, did you 'see it coming' when you voted for George W. Bush? Gas prices were actually quite a bit higher the summer before he left office, if you recall. But something tells me you've got a rather convenient memory.
Doesn't someone start a thread like this every few months?
Yes. Just like my local paper does a "pain at the pump" piece every few months. And more often then not it includes somebody complaining about having to spend $75 every few days to fill up his Dodge Permafrost.
Let me ask, did you 'see it coming' when you voted for George W. Bush? Gas prices were actually quite a bit higher the summer before he left office, if you recall.
Actually the average national price for gasoline was around $2.70 to $2.85 in the last few months of the GWB Administration. Four months after Obama took office they had risen to $4.00 and now are remaining a little above $3.00 per gallon.
A barrel of oil is at $102.00 & expected to climb again. Its ashame the U.S. is so damn dependent on foreign oil from a horrid country. Motor oil sure went up. UGH !!!
Define "so damn dependent" in regards to what I assume is Iran...because I'm looking at a breakdown of U.S. crude imports for the last several months and relatively very little of it comes from the Persian Gulf.
As for the poster feeling awesome about selling hybrids at a premium...well, good luck there. You forget that buying power in the USofA isn't exactly all that stellar these days?
The odds of many Marci Solomon wannabees paying $7000+ for a Geo Metro and thinking she could resell for more than that aren't happening. Wonder how that idea worked for her anyway?
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