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American Fuel Consumption Goes Down, Prices Do Not

The Truth About Cars

The Energy Information Administration (EIA) estimates that Americans were burning through a million fewer barrels of oil last week than they were the week before. What isn’t dropping is oil prices and that seems to be making all the difference. million bbl.

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Report: California Gasoline No Longer the Most Expensive

The Truth About Cars

Washington has officially managed to surpass California as the state with the highest fuel prices and looks as though it’s on track to compete for that dubious honor indefinitely.& From The Seattle Times : Now oil companies are choosing to pass on the compliance fees, the experts say. The national average is presently $3.58

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Nikkei: popularity of fuel-efficient vehicles lowering demand for gasoline in Japan

Green Car Congress

Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A shakeout in the gas station industry is expected as next-generation green cars, including electric and fuel-cell vehicles, become more popular.

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RAC Foundation: 830,000 households in UK spend at least 27% of their income on running a car; “transport poverty”

Green Car Congress

The poorest 10% of car-owning households in the UK—some 830,000—are spending at least 27% of their disposable income on buying and running a vehicle and are thus “ mired in transport poverty ”, according to a new analysis by the RAC Foundation. But this spending breakdown just for car-owning households is not normally available.

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Panasonic Group confirms it will supply Li-ion batteries for Toyota Prius Plug-in Hybrid

Green Car Congress

Given the growing public concern for conserving the environment and escalating oil prices, the demand for rechargeable batteries for eco-friendly vehicles is expected to grow rapidly. This will be the first time for the Panasonic Group to supply its lithium-ion batteries for a mass production plug-in hybrid vehicle. Click to enlarge.

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CAR releases study on use of bio-based materials in automotive sector; potential for the Great Lakes Region

Green Car Congress

There is significant potential for the expansion of bio-based automotive parts and components manufacturing in the US Great Lakes region, according to a newly-released study conducted by the Center for Automotive Research (CAR), a nonprofit research organization based in Ann Arbor, Michigan. Challenges with bio-based plastics.

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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

Green Car Congress

He went on to say that the car manufacturer is positioning itself at the forefront of automotive change with its forward-looking “Future Tracks” program. It may come as a surprise for you, but I highly welcome the interest of Apple, Google and others in the automobile. Oil will not be as cheap as it is at the moment for ever.

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