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DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

Green Car Congress

From 2002 to 2008, the price of gasoline rose substantially, but then fell sharply in 2009 during the economic recession. The graph below shows the effect of the oil embargo in the early 1980s. In 2012, prices reached the highest level in both current and constant dollars but began a steep decline thereafter.

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Gasoline consumption per capita in 2020 was on par with that in 1965

Green Car Congress

Total consumption (millions of gallons). Total consumption (millions of gallons). 117,251.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

From 2002-2007, the average age of light vehicles in the US increased by 3.5%. From 2008-2013, however, the increase was 12.2%. There is simply a lack of 2008 and 2009 model year vehicles due to the lower sales numbers during that timeframe. years, according to new research from business information provider IHS Markit.

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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Green Car Congress

in 2008, against 3.3% Since 2002, the average annual increase was almost 4%. billion tonnes in 2008. In particular in the US, where gasoline prices almost doubled in the summer of 2008 compared to 2007 levels, oil consumption dropped 7% decrease. In 2008, biofuels contributed about 2.5% Source: PBL.

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Hagerty's 2024 Bull Market List Has a Few Surprises

The Truth About Cars

The company’s list highlights cars that it feels are set to grow in value over the next few years, with some exotics and classics and a growing number of “Rad Era” cars every year.

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Honda FCV Concept to make North American debut at 2015 NAIAS in Detroit

Green Car Congress

The original Honda FCX became the first EPA- and CARB-certified fuel-cell vehicle in July 2002. The FCX also was the world’s first production fuel-cell vehicle, introduced to the US and Japan in December 2002. Honda was the first manufacturer to create a fuel-cell vehicle dealer network (2008).

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Honda Clarity Fuel Cell EPA-rated with 366-mile range; longest of any ZEV

Green Car Congress

Since the introduction of its first-generation fuel cell vehicle, the FCX, in 2002, Honda has made significant technological advancements in fuel cell vehicle operation in both hot and sub-freezing weather while meeting customer expectations and safety regulations. The first fuel cell vehicle leased to an individual customer (July 2005).

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