Issue 263

March 31, 2000

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Guzzling Gas

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"U.S. motorists have put OPEC back in the driver's seat."- Charles Komanoff and Michael Smith, "Refueling OPEC," Washington Post, Feb. 23, 2000

 

U.S. gas consumption increase, 1990 vs. 2000: 25% Half the increase is due to escalating total driving (vehicle miles traveled).  Half is due to SUV and other "light truck" exemptions from car fuel-economy standards.

World Gas Prices ($/gallon) March 19th New York Region 1.79 Buenos Aires 4.56 London 5.64 Jerusalem 4.07 Paris 4.34 Tokyo 4.00 Berlin 3.87 Hong Kong 4.50 Rome 3.82 Seoul 4.50

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