Fuel Efficient Cars : Get Prepared for Higher Oil Price
Yesterday's big headline was "Government agency expects national
average of gas price per gallon could reach record high this spring - about
$2.15. The record high U.S. gasoline price was $2.06 a gallon set in May,
2004. Should we invest more on Energy stocks like Exxon-Mobil (XOM) or
Chevron (CVX) or Royal Dutch (RD) or Britsh Petroleum (BP) ? We cannot
guess. They may go up - but at this stage it seems those are not places
for people of small capability like us. Those are already at a hight level.
Even if we invest, we may purchase more of an Energy-sector ETF like
SPDR's XLE .
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But it may be a right time to change your SUV for some fuel-efficient one.
In the long term it will really pay off. Last November the Environmental
Protection Agency and the Energy Department released their annual list of
the most and the least fuel-efficient cars. We thought we must remind our
readers that list again, which they might have forgotten or misplaced:
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Most Fuel Efficient: (city/freeway miles per gallon)
1. Honda Insight (manual, hybrid) 61/66 mpg
2. Toyota Prius 60/51
3. Honda Insight (automatic, hybrid) 57/56
4. Honda Civic Hybrid 48/47
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Least Fuel Efficient: (city/freeway miles per gallon)
1. Dodge Ram Pickup (2 wh dr auto) 9/12 mpg
2. Lamborghini L-147/148 Murcielago 9/13
3. Dodge Ram Pickup (2 wh dr manual) 9/15 & Lamborghini L-140/141 Murcielago
4. Bentley Arnage LWB 10/14
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