$1.00 a gallon … when you fill up at the plug
It’s good news for wildlife to see a familiar vehicle that’s 5 times as energy efficient as the average car today (today’s average is 22 MPG), and since it doesn’t use any gasoline at all, it’s drilling, tar sands and pipeline-free.
But with rumors of gas prices hitting $5/gallon this summer (never mind rumors, I just saw $4.99/gallon for premium in my neighborhood!), there’s another reason all electric vehicles and mostly electric plug-in hybrids are a big deal. Filling up your car with electricity costs about a dollar a gallon.
But the current car and truck renaissance isn’t just electric. I’ve blogged before on how strong new fuel economy standards mean savings right now (like for those trading in their old F150 pickup truck for the new more efficient 2011 or 2012 model) and are bringing increasing relief from pain at the pump for drivers of all kinds of cars.
Every year new cars will be more efficient than the year before until, in 2025, a new car or truck will use half as much fuel as a new car or truck today. That’s like a cut from 4 bucks to 2 bucks a gallon in what it costs to take that spring break road trip. Taking all our cars—new and used together—Americans will be spending almost 40% less for gas in 2030 than they would without the new standards and innovation that comes with them.
In a global market for oil, new drilling and pipelines can’t bring relief to Americans hard hit by high gas prices. But innovative new cars and trucks can. Its time to take control at the pump!