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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (44751)	6/2/2015 6:59:21 PM
From: Frank A. Coluccio	Respond to of 46821

Re: "Average fuel economy of sales-weighted new vehicles is up by 21% from the time when oil prices topped $147/B in 2008. Adding to already cheaper driving costs, U.S. retail gasoline prices are down by 30% since the oil markets collapsed. Yet as Jevons predicted, consumers are eating up their newfound energy windfall by upsizing their vehicles and driving more. In the parlance of energy economics, this is called the “rebound effect.” -- I see your point. Maybe Ian Wright, co-founder of Tesla Motors, can do for SUVS what he hopes to do for FedEx and municipal garbage trucks: Article + Video: usatoday.com Or, would this only "fuel" Jevons further? ------