supply and demand
Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen. So even though Saudi Arabia has refused to constrain its production to support oil prices, rising global gasoline demand has run head-on into a reduction in output by higher-cost North American producers. DON'T MISS: Average new-car fuel economy keeps falling as SUVs surge The result, as a recent article in The Financial...
2014 Honda Accord Hybrid Supplies Tight In 'Rolling Release'
The 2014 Honda Accord Hybrid is proving unexpectedly popular, both in Japan and the U.S., and that's causing supply challenges for Honda. Two readers have contacted us in the last week to complain that they were unable to purchase the new Accord Hybrid, which Green Car Reports named its 2014 Best...John Voelcker
Are Electric Cars A Sales Failure, Or Sold Out Due To Demand?
You see it all over: the meme that "electric cars are a sales failure." Yet California is experiencing shortages of electric cars, with many dealers saying they've entirely sold out of plug-in electric cars. Some Nissan dealers in Portland, Oregon, even say the Leaf electric car is now their...John Voelcker
Buying A High-MPG Car This Summer? You Might Have A Wait
Thanks to improved designs, lightweight materials, turbochargers, direct injection and even better gearbox design, cars on dealers’ lots today get far better gas mileage than cars made in the past few years. But while buyers are keen to buy the latest generation of green, high-mpg cars, some...Nikki Gordon-Bloomfield
Why MPGs Matter: Iran Threatens Oil Supply Via Hormuz Strait
It's a truism of new-car sales: Gas prices go up, buyers focus more on gas mileage. Gas prices go down again, people forget all about fuel efficiency. Well, here's a gentle reminder about why you may want to focus on cars with high EPA ratings for gas mileage. As The New York Times reported, on...John Voelcker
True Or False? The U.S. Now Imports More Gasoline Than Ever
Smart people who read true and false questions know to go for the non-obvious answer. So we'll make it easy: The U.S. is importing less and less gasoline and, as highlighted by the Wall Street Journal (via Pike Research), will shortly become a net exporter of gasoline and diesel fuel. Not since...John Voelcker
If you're on the U.S. waiting list for a 2011 Nissan Leaf, we certainly hope you already have a charging station already installed in your garage. Bloomberg caught wind that some consumers are having their orders dropped temporarily until they install a plug-in charger at home and present the paperwork to prove it. This will apparently exacerbate the already long wait times to get the new Nissan Leaf, which we named the GreenCarReports Best Car To Buy last year. Marc Fishman of Burbank, California, has had his order delayed every month for the last four months. “My delivery date kept...