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-   -   Decline in U.S. summer gas use expected for first time in 17 years (https://ecomodder.com/forum/showthread.php/decline-u-s-summer-gas-use-expected-first-1809.html)

SVOboy 04-10-2008 11:58 PM

Decline in U.S. summer gas use expected for first time in 17 years
 
From ABG!

Quote:

What do high gas prices and a sluggish economy mean for summer gas use in the U.S.? Down, down, down. Well, at least one down.

For the first time in almost two decades, the federal Energy Information Administration is predicting that summer gas demand will decrease. Specifically, the EIA says it'll be down by 0.4 percent in 2008 compared to 2007. That's not much in terms of percentage points, but it does mean that America will (likely) use 36,000 fewer barrels of oil each day. Reuters reports that expected average gas prices will be $3.54 a gallon from April until September (that's 61 cents more than last year). Do a little math and we see that a gasoline price increase of about a fifth leads to just a 0.4 percent drop in use. We may drive somewhat less this summer, but we're still quite willing (or required) to use a lot of pricey fuel.

superchow 06-02-2008 05:06 AM

... assuming that with a linear increase in gas prices we will have linear decrease in fuel prices.

Also, doesn't this also mean that on average people are driving only 40 miles less, assuming a very generous amount of 10,000 miles, in a summer?

Arminius 06-02-2008 05:44 AM

And people are slowing down.

http://www.jsonline.com/story/index.aspx?id=757089

homeworkhome53 06-02-2008 07:44 AM

Yes, many are slowing down. When I started this in February everyone passed me, now many come up behind me and just hang there like they are reluctant to give it the gas to pass me.


homeworkhome53

dsq 06-02-2008 03:06 PM

ive noticed slower driving here on the la freeways as well.Also i see people drafting a lot.Trucks are doing 55mph.I see a sharp sell off in fuel prices as demand destruction hits the commodity markets.

louisb323 06-02-2008 03:28 PM

Ya, since about a month ago I've noticed people are going slower and the freeways seem less crowded during my commute. I used to have to use Fastrak (toll road) practically everyday to make it home at a descent hour. Now, I rarely if ever use it because traffic is so light it would only save me 5-10 minutes now whereas it used to save me 30-45 minutes.

cfg83 06-02-2008 04:11 PM

Hello -

They just mentioned on the radio that in LA, traffic is down about 1% because of the gas prices, so congestion is definitely down.

CarloSW2

igo 06-02-2008 04:49 PM

I was able to talk a co-worker into going the speed limit on his trip from Pittsburgh to Philadelphia.

adam728 06-02-2008 04:59 PM

I notice a lot of people driving slower on the freeways now. The speed limit here is 75 mph, and if I traveled that pace a year ago I might pass 2-3 cars between Tucson and Phoenix. Now I can cruise 70 mph and pass dozens of people. Granted there are still guy in lifted pickups going 90+ from time to time, but overall I would say many people have slowed down considerably.

dsq 06-02-2008 05:29 PM

driving was down 4.5% in march across the country..the biggest decline since 1979...I read in LA times that traffic was down 6% but it looks a lot more than that in the city streets.

Arminius 06-02-2008 06:51 PM

I've gotten nearly everyone I know to slow down. I've been able to get 7 people to slip into neutral on the big down-hill rides.

trikkonceptz 06-02-2008 06:51 PM

Well obviously I for one have slowed down and because of my commute my mileage remains fairly constant. I am proud of the fact that in one month I have cut back my gas usage by 22 gallons. HAHA thats $88 saved as of today.

Johnny Mullet 06-02-2008 08:23 PM

When saving fuel becomes sort of an "experiment" or a "game" it actually becomes fun! Many people who ride in my car ask what that funny gauge is on my dash and I tell them it's a vacuum gauge that helps me save gas, they become very interested.

ebacherville 06-03-2008 09:58 AM

yeah a year or more ago when I got into the "veggie power car game".. people thought I was nuts for wanting to mess with used fryer greese.. now there not thinking I'm so nuts when I tell them I drive a minimum 60 miles a day and put in 1 tank of $4 a gallon fuel a month.. I even had a supervisor at work comment on to that same effect... saying people arn't thinking your so "crazy" any more are they? Yet i get no one wanting to know how to do it, they just go on grumbling about that 90 dollar tank of fuel in there SUV.


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