Why Isn't Cheap Gas Helping To Boost The U.S. Economy?

Green Car Reports

For the past year or so, U.S. drivers have enjoyed low gas prices. That's been particularly true over the past couple of months, as gas prices have dropped closer to $2.00 per gallon around the country. Lower gas prices put more money into consumers' pockets, in theory allowing them to spend more on other things. DON'T MISS: Why Electric Cars Make. Economic Economy Fuel Economy

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Oil is cheap, so Kuwait raised its own gas price to compensate

Green Car Reports

Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. In some cases, that means cutting back on cheap gas for their own citizens. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. DON'T MISS: Even Saudi Arabia vows to end its. oil Middle East energy policy United Arab Emirates Saudi Arabia

Trending Sources

Obama: Buy A Fuel-Efficient Car, Gas Won't Stay Cheap Forever

Green Car Reports

He cautioned that cheap gas prices won’t last indefinitely, and Low gas prices typically make fuel-efficient cars less attractive to consumers, and right now prices are very low indeed. Yet President Barack Obama hopes U.S. car buyers won''t clamor for gas guzzlers. DON''T MISS: Gas Prices To Plunge More After Oil Price Falls To 4-Year Low?

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Very cheap, low-range electric cars key for China, India: Nissan CEO Ghosn

Green Car Reports

Carlos Ghosn, who runs automakers Nissan and Renault, is one of the few auto executives who'll regularly take questions from a roomful of more than 100 journalists. At last week's New York Auto Show, many of the questions concerned plans by the Renault Nissan Alliance for more and higher-volume electric cars. Discussing plans for India and China. China India Carlos Ghosn plug-in cars Renault-Nissan

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Will Cheap Gas, Soaring SUV Sales Sink Fuel-Economy Goals?

Green Car Reports

emissions regulations are forcing carmakers to make their products more efficient over the next decade. Corporate Average Fuel Economy (CAFE) standards require carmakers to achieve a fleet average of 54.5 mpg by 2025. That's equivalent to roughly 40 mpg on the window sticker. DON'T MISS: Miles Driven In U.S. Hits New All-Time High; Gasoline. CAFE Fuel Economy Corporate Average Fuel Economy

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EPA: 2025 target of 54.5 mpg may not be met; SUVs, trucks, cheap gas to blame

Green Car Reports

A pair of U.S. federal agencies said yesterday that while automakers had complied with the first five years of stricter fuel-efficiency laws, the industry seemed unlikely to meet 2025 targets for improving gas mileage. Rather than hitting the projected 54.5-mpg Corporate Average Fuel Economy—which translates to about 38 mpg on new-car window. emissions EPA NHTSA CARB CAFE Fuel Economy Corporate Average Fuel Economy

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Cheap Gas Will Cause Electric-Car Sales To Plummet: True Or False?

Green Car Reports

There''s been a lot of conventional wisdom floating around lately. In this case, it''s the notion that electric car sales will plummet with the arrival of vastly lower gasoline prices. We''d suggest that perhaps this is not quite as much of a foregone conclusion as many pundits think. DON''T MISS: Green Car People: Who Buys Electric And Plug-In

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Cheap & Thrifty: Toyota Prius C Vs Mitsubishi Mirage Compared

Green Car Reports

Which is the better small-ar option: a hybrid, or a very fuel-efficient conventional car? The best candidate to represent the non-hybrid side of that debate is the Mitsubishi Mirage. It's the most fuel-efficient new car currently sold in the U.S. without any electrification. Facing off against it is the smallest and least expensive hybrid car sold. subcompact Fuel Economy economy car review

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Cheap 2015 Nissan Leaf, Tesla drag racing, RI electric-car incentives: Today's car news

Green Car Reports

Today, how one reader got an exceedingly inexpensive new Nissan Leaf electric car, drag racing a "Ludicrous" mode-equipped Tesla Model S, and how Rhode Island uses money from polluters to fund its electric-car incentives. All this and more on Green Car Reports. We've got details on the 2017 Hyundai Ioniq, multiple first drives, and more in our. Today in Car News

Volkswagen XL1 Hybrid Deliveries Begin In UK, And It Ain't Cheap.

Green Car Reports

We always knew the Volkswagen XL1 wouldn''t be cheap. None of that sounds cheap. And as Volkswagen UK reveals pricing for the light-weight plug-in hybrid, we now know just how not-cheap it actually is: £98,515, or just under $169,000 at current It''s a limited-run, carbon-fiber bodied, plug-in hybrid, gull-winged low-slung eco supercar.

To Get Hydrogen Competitive With Gasoline: $1 Billion, Cheap Natural Gas Needed

Green Car Reports

While battery-electric and plug-in hybrid cars have had much of the spotlight to themselves for the past four years, we''re going to be hearing a lot more about hydrogen fuel-cell cars over the next few.

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Average New-Car Fuel Economy Falls As SUV Sales Rise, Gas Stays Cheap

Green Car Reports

The average fuel economy of new cars sold in the United States fell once more in September, although not by much. Average new-car fuel economy continues to hover around 25 mpg, according to recent analysis. The sales-weighted average window sticker fuel economy for new cars in September was 25.2 mpg, according to the University of Michigan. sales Study Fuel Economy EPA Ratings

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RIP natural-gas cars, doomed by cheap gas and electric cars

Green Car Reports

Natural gas vehicles were first promoted starting in about 2000 as a way to reduce reliance on imported oil and cut tailpipe emissions. Their promise appeared to grow near the height of the global financial crisis, when gas prices hovered around $4 per gallon across much of the United States. The domestic fuel promised to cut carbon-dioxide. natural gas LPG alternative fuel vehicles natural gas vehicle

Gas is cheap; U.S. drivers use it to log more miles than ever

Green Car Reports

With the summer travel season more than halfway over and gas prices still quite low, U.S drivers have already logged a record-breaking number of miles traveled. The nation's vehicles collectively logged 1.58 trillion miles in the first six months of this year, according to U.S. Department of Transportation (DOT) data. That's up 3.3 percent from. Fuel Economy Vehicle Miles Traveled (VMT

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Era Of Cheap, Subsidized Gasoline To End In United Arab Emirates

Green Car Reports

Global oil prices have remained fairly low for most of this year, which should be good news for people in most of the industrialized world. But that's not the case in the oil-rich United Arab Emirates. The continued slump in prices has prodded the seven-state federation to make a somewhat radical change in policy. DON'T MISS: IMF: Fossil Fuels. oil Middle East energy policy United Arab Emirates Saudi Arabia

Cheap Oil Will Last A Decade, Says Huge Oil Trader

Green Car Reports

The low oil prices that boosted new-car sales and caused average fuel-economy gains to sputter last year may be here to stay, for a while at least. With fuel prices low throughout 2015, Americans bought more new cars, but many of them were less-efficient SUVs and crossovers. And those oil prices likely won't increase dramatically for the next. Fuel Gasoline oil energy

Want A Cheap, Usable, Toyota Electric Car? Check eBay!

Green Car Reports

Electric cars are often criticized for being too expensive. While there are many reasons for this, it means some people simply can't afford an electric car. However, there's still hope. Want a practical, reliable, usable electric car, with a decent range? Have a look on eBay! That's where we found this 2002 Toyota RAV4 EV, still one of the most

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2014 BMW i3 REx Vs Mountain, Clunkers Vs Electric Cars, Cheap Solar Energy: Today's Car News

Green Car Reports

We''re back from the Labor Day holiday with the latest green-car news. Find out how a range-extended 2014 BMW i3 REx does on a mountain climb, learn about California''s latest clean-air initiative, and see why UBS thinks electric cars will will make residential solar energy practical for more people. All this and more on Green Car Reports. Catch up

CA tests VW diesel modifications, cheap Tesla leases, Mitsubishi Outlander PHEV delay: Today's Car News

Green Car Reports

Today, the California Air Resources Board (CARB) says it will test proposed modifications for Volkswagen 2.0-liter TDI diesel cars, Tesla extends cheaper leases on its electric cars through September, and the Mitsubishi Outlander Plug-In Hybrid's U.S. launch is delayed again. All this and more on Green Car Reports. Catch up on last week's news. Today in Car News

2012 Tata Nano: World's Cheapest Car Gets Less Cheap

Green Car Reports

In theory, designing the world's cheapest car for a market in which millions of people are beginning to earn the sort of money that will let them buy a car is a masterstroke. In practice, it hasn't been quite that easy for Tata with the Nano. Amidst concerns about flaming Tatas and with lower sales than expected, it seems that even people barely

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Tesla Model S Ownership Costs, Fuel-Cell Car Questions Answered, Cheap Solar Power: Today's Car News

Green Car Reports

We start off today with some Tesla Model S ownership-cost calculations, move on to carmakers'' answer to our 10 questions on hydrogen fuel-cell vehicles, and finish with a prediction that solar power will achieve grid parity in two years. All this and more on Green Car Reports. See why when you own a Tesla Model S electric car, you''re likely to

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Toyota to introduce cheap electric car

Green Cars News

Electric car fans who currently feel priced out of the market should keep their eyes on events in Japan – with Toyota revealing plans to introduce an ultra-cheap electric car. Electric cars Green cars Latest news Toyota cheap electric cars electric cars green cars Toyota COMS EVToyota Auto Body Corporation, which is a unit of Toyota Motor Corporation, is expected to introduce the two-seat COMS EV – which is based on [.].

Tata Motors targets ultra-cheap electric car

Green Cars News

Electric cars Green cars Latest news Tata cheap electric cars electric cars green cars india Tata NanoTata Motors made its name with the cheapest car of modern times in the form of the Tata Nano (pictured) – and now, it wants to reach another landmark by offering an electric car with a price below $20,000. The carmaker has teamed up with Dassault Systemes of France, one of the world leaders for [.].

Cheap Fuel Efficiency: Ten 40 MPG Cars For Under $20,000

Green Car Reports

For many people, the purchase of a fuel efficient car is usually made to save money on driving, as the cost of being a car owner rises further and further. That being the case, why buy an expensive car in the first place, potentially taking years longer to pay off the fuel savings? The good news is that there are plenty of cars available for less

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Parisian Bollore Electric Car Is Cheap; Requires Battery Rental

Green Car Reports

Until now, if you'd wanted to drive a Bollore Bluecar electric vehicle, all you'd have required as a few Euros per hour to take one of the little vehicles around the crowded roads of Paris, France. Bollore has now put the Bluecar on sale to the French public, at a starting price of 12,000 Euros--only $15,500. As electric cars go, that's pretty

Chemists develop cheap alternative fuel cell catalyst

Green Cars News

Scientists have developed a new non-platinum catalyst which could pave the way for cheaper and more durable hydrogen fuel cells for use in cars and other devices. Chemists at Brown University in Rhode Island, USA, have developed a cobalt-graphene combination catalyst which works a little slower traditional platinum catalysts, but is longer-lasting and more sustainable-overcoming [.]. Fuel Cells Hydrogen cars catalyst fuel cell hydrogen

Virginia Utility Tests Cheap Rates for Electric Car Owners

All Cars Electric

Dominion Virginia Power announced yesterday that is waiting for Virginia State Corporation Commission approval to offer two electricity tariffs exclusively to electric vehicle owners in a bid to encourage customers to make the switch to electric cars. As we’ve discovered before, more and more utility companies are offering time-of-use

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. WEO 2011. Click to enlarge. The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035.

How Cheap Is Too Cheap For A Car? Indian Automakers Test The Water

Green Car Reports

How do you solve a problem like getting a nation of low income people onto the roads? That's the question that Indian carmakers Tata and Bajaj, among others, are trying to answer. Indian automotive mogul and man at the helm of Jaguar Land Rover, Ratan Tata, tried to revolutionize Indian transport with the Tata Nano. Bajaj has just launched a

People Will Buy Electric Cars If They're Cheap, Privileged, And Convenient

Green Car Reports

Electric cars may be growing in popularity, but they still make up just a tiny percentage of the U.S. auto market. When will things take off? If sales in Norway are any indication, that will happen when electric vehicles become inexpensive, easy to own, and confer certain privileges. According to Treehugger, Norwegians are crazy about electric

Cheap Electric Car Conversion Possible?

Electric Cars are for Girls

What would it take to convert a Saturn SC2 to electric? The information on web sites is all over the place. Some want $5,000.00 for a kit while another

Electric-car cash in California, cheap Bolt EV ad, VW diesel deceit details, burning BMWs: Today's Car News

Green Car Reports

Today, we're heartened by a cheesy ad, we've got details on the Volkswagen diesel deception, California hopes to improve its electric-car incentives, and some owners say their BMWs are spontaneously combusting. All this and more on Green Car Reports. Electric cars are slowly moving into the mainstream. How do we know? A low-budget dealership ad

Tesla Motors' Value, Cheap Ethanol, Attention-Focused Car: Today's Car News

Green Car Reports

Today on Green Car Reports, we''ve got a little bit of everything. The city of Palo Alto, California, will require new homes to be wired for electric-car charging; ethanol marketers are emphasizing the biofuel''s lower price to win over the public; the U.S. version of the 2015 Honda Fit won''t have a start-stop function; and Florida minicar owners

2016 Toyota Prius Spy Shots

Green Car Reports

ALSO SEE: Coming This Fall: The Return Of Cheap $2 Gas The Prius was widely expected to adopt some of the look of the Toyota Mirai fuel-cell car And here it is: the 2016 Toyota Prius. Ahead of a preview September 8 in Las Vegas, and an official debut at Frankfurt, spy photographers already found the 2016 Prius, uncloaked, in Malibu, California.

Chasing the "cheap" EV Conversion

Electric Cars are for Girls

I have a 1946 Willy's Jeep. The motor needs rebuilding or replacing, and I would LOVE to convert it to electric so that I could off road w/o the usual

White House Budget Asks For $10K Electric-Car Credit, Natural-Gas Cars Added

Green Car Reports

DON''T MISS: Obama: Buy A Fuel-Efficient Car, Gas Won''t Stay Cheap Forever That includes a White it appears the recently-unveiled White House budget includes a few measures to boost the adoption of green cars. President Barack Obama is once again attempting to spur sales of electric cars and alternative-fuel vehicles through increased incentives.

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Life with Tesla Model S: beware Extended Service Agreement fine print

Green Car Reports

At $4,000, it wasn’t cheap. A couple of years ago, as my 2013 Tesla Model S approached the end of its 50,000-mile warranty, I debated long and hard whether to opt for Tesla’s extended warranty, which they call an Extended Service Agreement (ESA). It provided four years and an additional 50,000 miles of coverage, up to a total of. Warranty Tesla Motors service

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2017 Chevrolet Cruze Diesel: fuel economy review for automatic, manual versions

Green Car Reports

Also, gasoline remains cheap. Times are tough for sedans in general, as buyers swarm into crossover utility vehicles and ignore the passenger cars sitting next to them on the showroom floor. All of which may add up to tough times for the current Chevrolet Cruze Diesel, the compact sedan to be offered with a high-efficiency turbo diesel engine. Turbodiesels

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Do Low Gas Prices Hurt Renewable Energy Adoption? Unlikely, Says Analyst

Green Car Reports

With the financial advantage of solar or wind energy curtailed by cheap oil, the logic goes, consumers will be less interested in switching from fossil fuels. Gas prices have fallen dramatically in the U.S.--40 40 percent in six months--and it''s assumed by some that this will hurt the renewable-energy industry. DON''T MISS: As Solar Installations

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Are 100-mile BMW, Nissan, VW electric cars already a lost cause?

Green Car Reports

Sure, it's an aging model now in its sixth year with a polarizing design; it lost a huge swath of buyers in Georgia when that state canceled its electric-car tax credit; and gas is cheap. The continuing tepid sales of the Nissan Leaf electric car, despite a range upgrade to 107 miles, remains one of the puzzles in the plug-in car market.