Saturday, March 16, 2013

Demand for gasoline is down and fuel efficiency is way up. Who gets the credit? See the answer here...

I may be suffering from a mild case of the "correlation is causation" fallacy, but the other day I posted the second graph you see below and suggested fuel efficiency was one of the factors in "demand destruction" of fuel consumption in the US. 

Today, I saw this graphic posted at Quartz that shows the change in fuel efficiency in Miles Per Gallon (MPG) change for cars and trucks over the last 35 years.  After a 20 year decline in efficiency from 1985 to 2005, efficiency shot up (yellow highlight).

Which auto manufacturers are leading the charge in making fuel efficient vehicles?  Scroll down, I will meet you there....
Source: Quartz

Surprised?  Probably not.  The first 7 out of the 11 listed are "foreign" manufacturers (not that there is anything wrong with that!).  They all have a significant manufacturing presence in the US, so it is all good.  :)

automaker fuel economy
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