Fuel Efficient Vehicle Demand Wanes as Fuel Prices Drop

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Con­sumers became more inter­est­ed in vehi­cles that achieved bet­ter miles per gal­lon when gas prices were on the rise. Many Amer­i­cans are now turn­ing away from fuel effi­cient vehi­cles and back to light trucks as fuel prices drop.

Background
Plug-in hybrid cars run on elec­tric­i­ty drawn from home pow­er out­lets, stored in bat­ter­ies
Pow­er drawn from elec­tric­i­ty grid would com­pare in cost to gaso­line at $0.70 gal
Gaso­line rep­re­sents about 30% of US’s petro­le­um usage




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