Did I miss something or did we skip the 80 cent range altogether? Last Wednesday I took a picture of this station with $3.79 and all of a sudden it’s $3.95? Are all the jumps going to be this big from now on?
On an interesting note, however, comes news via hybridcars.com:
April sales figures for cars and trucks sent a clear and resounding message to the auto industry: Make smaller, more fuel-efficient cars, or die. About one in five vehicles sold in the United States was a compact or subcompact car. Sales of traditional Sport Utility Vehicles are down more than 25 percent this year—and full-size pickup sales have fallen more than 15 percent. And for the first time, fuel-efficient, four-cylinder engines surpassed six-cylinder models in popularity.
“It’s easily the most dramatic segment shift I have witnessed in the market in my 31 years here,” said George Pipas, chief sales analyst for the Ford Motor Co. Is this a one-time fluke or have we hit a tipping point again? According to Jesse Toprak, chief industry analyst for the auto information Web site Edmunds.com, “This shift appears to be a permanent situation.”
Posted in Gasoline
