xcel
04-03-2007, 07:29 PM
“Consumers should try and keep their tires inflated and not accelerate too quickly. Plus, when they make their next vehicle purchase, put mileage on the list.” (http://www.freep.com/apps/pbcs.dll/article?AID=/20070326/BUSINESS01/70326009/1019/BUSINESS06)
http://www.cleanmpg.com/photos/data/501/CMPG.gifAlejandro Bodipo-Memba - Detroit Free Press - March 26, 2007
I think they missed a site or two ;)
At $2.53 a gallon, Michigan drivers are paying about the same as they did last year, but as oil costs rise toward the $70-a-barrel mark, threshold consumers are growing increasingly concerned about what to do.
Pump prices in Michigan haven’t been this high since September. Meanwhile, oil prices continue to creep up around the world and demand for fuel keeps increasing.
Crude oil prices increased nearly 1%, to $62.89 a barrel, in after-hours electronic trading on the New York Mercantile Exchange. It was the highest level in three months. In London, meanwhile, May delivery of crude oil futures shot up 73 cents, to $63.91 a barrel, on the ICE Futures electronic trading exchange.
As a general rule of thumb in the oil industry, gasoline prices increase about 2.5 cents a gallon for every dollar increase in the price of oil.
So what should consumers do?
The answers vary.
"I choose my destinations wisely, and I have to prioritize where I want to go and what I want to do," said Vivian Moore, a 43-year-old Detroiter. "I don't really know why prices keep going up, but I do think it has something to do with the war."
Moore, who paid $2.43 for gas at a Valero station on 8 Mile and Berg, said she drives a 2004 Toyota Corolla because it gets better gas mileage than her 1998 Ford Contour.
Some suggest automakers build more fuel-efficient vehicles and increase the portfolio of alternative fuel cars and trucks. Others suggest automakers build more fuel-efficient vehicles and increase the portfolio of alternative fuel cars and trucks. Still others advocate for conservation as the best approach.
“I guess the best thing consumers can do is looking into car pooling, ride sharing and consider using public transportation,” said Mike Shriberg, Executive Director of Environment Michigan in Ann Arbor. “Those costs have been stable, and they are the easiest things people can do right now to save money on gas prices.”
Even some oil industry advocates urge consumers to consider reducing their demand for fuel.
“There is not a lot anyone can do about prices unless we can increase the supply of crude oil,” said John Griffin, executive director of the Associated Petroleum Industries of Michigan. “Consumers should try and keep their tires inflated and not accelerate too quickly. Plus, when they make their next vehicle purchase, put mileage on the list.”
For more information on how to save money on fuel, go to www.fueleconomy.gov.
http://www.cleanmpg.com/photos/data/501/CMPG.gifAlejandro Bodipo-Memba - Detroit Free Press - March 26, 2007
I think they missed a site or two ;)
At $2.53 a gallon, Michigan drivers are paying about the same as they did last year, but as oil costs rise toward the $70-a-barrel mark, threshold consumers are growing increasingly concerned about what to do.
Pump prices in Michigan haven’t been this high since September. Meanwhile, oil prices continue to creep up around the world and demand for fuel keeps increasing.
Crude oil prices increased nearly 1%, to $62.89 a barrel, in after-hours electronic trading on the New York Mercantile Exchange. It was the highest level in three months. In London, meanwhile, May delivery of crude oil futures shot up 73 cents, to $63.91 a barrel, on the ICE Futures electronic trading exchange.
As a general rule of thumb in the oil industry, gasoline prices increase about 2.5 cents a gallon for every dollar increase in the price of oil.
So what should consumers do?
The answers vary.
"I choose my destinations wisely, and I have to prioritize where I want to go and what I want to do," said Vivian Moore, a 43-year-old Detroiter. "I don't really know why prices keep going up, but I do think it has something to do with the war."
Moore, who paid $2.43 for gas at a Valero station on 8 Mile and Berg, said she drives a 2004 Toyota Corolla because it gets better gas mileage than her 1998 Ford Contour.
Some suggest automakers build more fuel-efficient vehicles and increase the portfolio of alternative fuel cars and trucks. Others suggest automakers build more fuel-efficient vehicles and increase the portfolio of alternative fuel cars and trucks. Still others advocate for conservation as the best approach.
“I guess the best thing consumers can do is looking into car pooling, ride sharing and consider using public transportation,” said Mike Shriberg, Executive Director of Environment Michigan in Ann Arbor. “Those costs have been stable, and they are the easiest things people can do right now to save money on gas prices.”
Even some oil industry advocates urge consumers to consider reducing their demand for fuel.
“There is not a lot anyone can do about prices unless we can increase the supply of crude oil,” said John Griffin, executive director of the Associated Petroleum Industries of Michigan. “Consumers should try and keep their tires inflated and not accelerate too quickly. Plus, when they make their next vehicle purchase, put mileage on the list.”
For more information on how to save money on fuel, go to www.fueleconomy.gov.