Word: gallons
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This year's sky-high oil prices are partly responsible for the drop. Since oil hit $100 a barrel for the first time early this year, Americans (who consume one-quarter of the world's energy) began cutting back. When gas began selling above $4 a gallon, American consumers made "a psychological shift into the sense of crisis and a sense of permanence," says Greg Priddy, oil analyst for the Eurasia Group in Washington. Instead of believing that gas prices would finally fall again, many began changing their daily habits - they started driving the smaller...
...Diminishing Returns Your history item on Ford's model T indicated that when it was first introduced in 1908 its fuel efficiency was 13-21 miles per gallon [Oct. 6]. According to the website of the U.S. Bureau of Transportation Statistics, in 2006 the average U.S. passenger car got 22.4 miles to the gallon. It seems we haven't got very far in 100 years. Jeff DeVito, Bound Brook, New Jersey...
...Format fatigue only helped Obama, because the town-hall-style debate doesn't feel dangerous anymore. No one is going to be caught checking his watch. No one will take the stage without memorizing the price of a gallon of milk and a gallon of gas. And because the campaigns ultimately set the rules, no audience member will be allowed to ask a question that hasn't been screened by some higher authority...
...there is one factor which is likely to press car companies into going green: all of us. So long as drivers tire of high oil prices (more than $8 per gallon in Paris) and feel real satisfaction at switching to cleaner technology, automakers are likely to oblige them with affordable electric cars. But should oil prices plummet, we could once again be lulled into thinking that all is well - or at least good enough - with Planet Earth...
...YEAAHH! Kool-Aid's most recent TV ad ended with the tagline "Delivering more smiles per gallon." Second-quarter sales were up, which "speaks to the value that Kool-Aid represents," says a spokeswoman...