It’s all about the eGallon when it comes to electric vehicles vs. hybrids

The first few full electric vehicles (EVs) have come to market over the last few years that consumers are actually interested in buying. Before that, the closest any car maker ever got was a hybrid vehicle. But as the cost of gasoline remains stubbornly high, EVsare becoming big business. The main reason for that is the stability of the eGallon — it averages just $1.18 while regular gasoline is sitting at $3.49.

 

 

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The true cost of gasoline is closer to $15 a gallon

Last week’s news cycles were dominated in part by rising gas prices, and the political parties’ response to costs at the pump inching closer to $4 per gallon. The GOP is outraged, rather, is feigning to be outraged, and is disingenuously blaming Obama’s energy policies for the spike.

But all this political football obscures one important fact…

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Economy Still Keeping Americans Off the Roads

line-o-cars

Despite dropping gas prices Americans still not driving.

Although gasoline prices are dropping ahead of the Memorial Day weekend and the start of the summer driving season, there’s no sign motorists are rushing back to the pump.  Data released Monday by the Federal Highway Administration show the number of miles driven on U.S. roads increased in March compared with February, but was still below March 2009, when the recession was still at its worst.

 

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Terrabon Develops Process To Convert Vinegar Into Gasoline

terrabon

Inside this white building, piles of sorghum are broken down into acids. The acids they produce can be used to make gasoline.

A company that has developed a process for converting organic waste and other biomass into gasoline–Terrabon, based in Houston–recently announced a partnership with Waste Management, the giant garbage-collection and -disposal company based in Houston. The partnership could help Terrabon bring its technology to market.

 

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