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In the News: Cheap gas is a thrill, but a costly one

December 14, 2015

 
The price of gasoline keeps dropping, but that may not be entirely good news, especially for the environment. 
 
Fuel economy for new cars, light trucks and sport utility vehicles rose fairly steadily from 20.1 miles per gallon in October 2007 to 25.8 m.p.g. in August 2014, said UMTRI research professor Michael Sivak in the New York Times. Since then, based on Environmental Protection Agency ratings, fuel economy of the new-car fleet has reversed course, dropping to 25 m.p.g. in November, a decline of 0.8 m.p.g. 
 
“That is a huge decline,” Professor Sivak said. It reflects a marginal shift in current buying preferences, away from smaller, efficient cars and toward bigger light trucks and S.U.V.s.
 
Read the full article.