31 May '11, 7pm
Gas Prices Are Guessing Game, As Summer Driving Season Begins
Since nobody has a clear enough crystal ball in the short-term, the best hedge against fluctuating gas prices is buying the most fuel-efficient car that meets your needs. And for the long term, especially projected out for 10 to 15 years, environmentalists and consumer groups are supporting proposals for a 60-mpg standard for cars and light trucks by 2025. Reaching that level will require widespread adoption of hybrid gas-electric vehicles. The Center for American Progress says the average American family would save $513 on summer gas expenditures with that new standard, compared to today’s vehicles.