Long-Term Motor Fuel Trends

The following chart shows total vehicle miles traveled divided by total motor gasoline supplied.


Click to enlarge.

The next chart shows fuel efficiency standards.


Click to enlarge.

Like generals fighting the last war, the government is finally adapting to higher oil prices. It only took them 10 years or so to spot the trend.

August 10, 2013
The Illusion of an Auto Industry "Recovery"

The next chart shows the total vehicle miles traveled per capita.

Click to enlarge.

The typical American is adapting much faster than the government. Big shocker. Here is the question of the day. Now that they are both on the same page, what will their combined efforts do going forward?

August 10, 2013
Calculated Risk: Forecasts: Oil and Gasoline Prices expected to decline

I'm not going to lose any sleep thinking about peak oil tonight. I shall dream of perma-ZIRP instead. It's the gift that keeps on giving!



Source Data:
EIA: Motor Gasoline
St. Louis Fed: Vehicle Miles Traveled
Wikipedia: Corporate Average Fuel Economy (CAFE)