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Green Cars Push Gas Prices Down (About Time ...)

by Bertel Schmitt
(IC: employee)
July 7th, 2012 9:24 AM
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Gasoline prices are falling in Japan, not only due to lower crude oil prices, “but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline,” The Nikkei [sub].
The Tokyo paper predicts …
“a shakeout in the gas station industry, as next-generation green cars, including electric and fuel-cell vehicles, become more popular. Next-generation cars will account for 56% of all automobiles in Japan in fiscal 2030. Gasoline consumption that year is expected to be about 60% lower than the fiscal 2010 level.”
A gallon of that ultra low-priced gasoline retails for $6.64 a gallon, due to a strong yen and high taxes.
Published July 7th, 2012 9:24 AM
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In your last sentence, the strong yen would tend to keep gas prices down while taxes would obviously push gas prices up.
I experienced this kind of service in Thailand about 13 years ago.. 5 or six people swarm the car. Really is like a pitstop.. rather aweseome
Gasoline. How quaint. I actually had to fill up today as I had a longish road trip with family. 5 gallons, and the last visit to the pump was about 3 months ago.
In Vancouver, some suburbs do mandatory to have gas jockey, as it creates employment for young kids etc. Now also require one pre-pay before gas spilling out of the nozzle. 6-7 yrs ago some nutty kid pump & run, the sad part was the attendant ran out and hanged onto the car, thus he was killed in the stopping act! very sad, for 20-30 bucks he gave up his life. The driver did served sometime but all in all one person will never come home for supper.