Filed under: Uncategorized | Tags: albatross, cash for clunkers, energy, February 2012 SAAR, light vehicle sales, oil consumption, peak oil, SAAR, transportation
via Rortybomb (who took the chart from Calculated Risk). MK is very excited about the auto numbers that came out today.
http://rortybomb.wordpress.com/2012/03/01/auto-sales-surpass-cash-for-clunkers-month/
Filed under: Uncategorized | Tags: albatross, Brent, crude oil, fuel costs, gas prices, gasoline, Jevon's Paradox, Peak Demand, Peak Everything, peak oil, vehicle miles traveled, Vmt, WTI
VMT (Vehicle Miles Traveled) up slightly in December relative to last December, but down overall for the year, and below its previous peak now for 49 months. With fuel prices on the rise it doesn’t look like it will break above that for quite some time — if ever.
But what do I know.. People are buying cars again. It’s Halftime in America and “the SUV is back.”
From the DOT:












