Car.com Home

  

  
Car.com HomeCar.com HomeNew Car QuoteBuy Used CarAuto Loans and Car FinanceNew Car Prices, Reviews, Pictures and Research

Hybrids, Hydrogen and Price Hikes
Cost of gas and new technology give rise to the next automotive era  by Brian Chee
 
 

You go to the pump and there it is, in brilliant LCD: $51.57. Fifty bucks for a tank of gas. That's half a C note a week to get down the road, and it might soon be double that, as the summer months creep up and prices climb.

Already, the national average for gas prices has increased. According to AAA, prices are significantly higher than last year, and the expectation is that they will continue to rise. In some areas, that translates into a 20 cent or more increase at the pump; a startling fact when you consider that fuel prices aren't due to increase until the summer months. At this rate, the price per gallon of gas in some areas will top $3 at the height of summer prices.

The sudden spike is the result of low oil inventories and delivery problems, caused by an accident on the Mississippi river. After a brief period of stability, AAA expects fuel prices to begin to increase in April, as refineries switch over to a "summer mix" of fuel. With more vehicles on the road, refineries shift their processing to a lower polluting type of gasoline. The result is a gasoline double whammy, a merging of increases with no relief in sight. It's not a question of if - only when. The only real question is, will we continue to purchase sub 20 mpg vehicles when the price per gallon reaches $3 per? A dollar more per gallon translates into more than five cents additional per mile; based on 15,000 miles of driving per year, that means a real increase of almost $1,000 a year. That doesn't factor in the type of driver and the roads we drive on, nor does it account for the fact that most people drive more during peak months for fuel prices.

  Page 1 of 5 Next >> 
2005 Honda Civic Hybrid



  
  Featured Articles:
2010 Acura RDX Review 2010 Acura RDX Review
Crossover utility with performance and handling.
2010 Acura TSX Review 2010 Acura TSX Review
New V6 model offers more power.
2010 Cadillac CTS Review 2010 Cadillac CTS Review
Cadillac is making world class sports sedans.
2010 Cadillac DTS Review 2010 Cadillac DTS Review
Luxury, serenity and peace of mind.

» Auto Insurance Quotes
» Get Auto Financing
» Free Credit Reports
» Vehicle History Reports

A D V E R T I S E M E N T

Buy New | Buy Used | Finance | Research | Dealer Locator | About Us | Jobs | Dealer Inquiry | Intellectual Property | Privacy Policy | Usage Terms and Disclaimers
Powered by AIC - Automotive Information Center
Copyright 1996-2009 Car.com, Inc. All Rights Reserved Worldwide.
Kelley Blue Book® and Blue Book® are trademarks of Kelley Blue Book Co., Inc.