Americans Are Guzzling Gas Again

January 2, 2011 at 7:14 PM Leave a comment

SUV’s Lead U.S. Auto Sales Growth:

With the end of the recession, bigger vehicles have made a comeback, sales figures show, and it has come at the expense of smaller, more-efficient cars.

Leading the growth were sales of midsize sport-utility vehicles, which jumped 41 percent through the first 11 months of the year, led by vehicles such as the Jeep Grand Cherokee and the Honda Pilot, each of which get about 18 miles per gallon.

America, remember this, from 2008:

After years in the slow lane, cars may finally be taking back the roads from sport utility vehicles and trucks.

Soaring gasoline prices and flagging consumer confidence drove the industry to new depths last month, with shoppers — when they did buy — going for fuel-efficient, smaller cars…

For years, sales of trucks and SUVs far outpaced passenger car sales. But in April, Americans bought 64,310 more cars than trucks and SUVs, continuing a trend that began in March, when cars pulled ahead by about 3,000.

And then there’s this, from days ago:

Oil Bulls May Have to Pull in Their Horns

Oil bulls are once again kicking up dust. The intensifying struggle to lift output, they say, will collide with the insatiable thirst of an expanding Asia to push oil above $100 a barrel. In fact, the cost of crude may be held down by a halving of demand growth as producers from Russia to Africa via Brazil ramp up supply.

And this:

China Audo Sales Jump 27 Percent in November:

China’s auto sales powered ahead in November, jumping 27 percent to 1.7 million vehicles as car buyers rushed to beat expected increases in license plate fees in some cities.

America — what are you thinking?  Oh, that’s right.  You aren’t.

Entry filed under: Consumerism, Don't Get Ripped Off, Dumbed Down, Education, Energy, Financial Crisis, Technology, The Environment, Weather, Etc.. Tags: .

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