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GM On Board with Obama Fuel Standards

AutoCareInsurance.com — Fri, 29 May 2009 19:15:46 +0000

General Motors Embraces Fuel Standard

General Motors has given its support for President Obama’s strict fuel standards, and plans on following suit to manufacturer vehicles with better mileage. From Kansascity.com:

General Motors, in a statement, said it was fully committed to the approach, which will set a uniform standard in the United States for fuel economy and greenhouse-gas reduction. Fritz Henderson, the company’s chief executive officer, said delivering innovation and solutions is “a central part of GM’s re-invention.”

Read the entire article here: Fuel standards are one more task on GM’s plate

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Obamas Plan for Automakers Fuel Efficiency: Brilliance or Burden?

AutoCareInsurance.com — Thu, 21 May 2009 19:06:22 +0000

Pros and Cons of Obama’s New Plan For Fuel Efficiency

Our nation’s automotive industry is currently falling apart at an astounding rate. Because of this, leading auto manufacturers in the U.S. have to make some drastic changes – and in some cases this may mean a complete restructuring and overhaul of the way they operate and do business on a daily basis. In light of this dilemma, President Barack Obama has decided to step in and take matters into his own hands; at least where the environmental impact of our vehicles is concerned.

In a speech given on Tuesday, May 19, the president challenged U.S. automakers to create more fuel-efficient, environmentally friendly vehicles. Obama’s plan is to cut green-house gases considerably; 20% by 2020, 42% by 2030, and 83% by 2050. Additionally, President Barack Obama wants to make sure all new vehicles being produced by 2016 meet a new minimum requirement of 35 miles-per-gallon. While all this may sound great in concept, for many, including our nation’s top vehicle manufacturers, this new proposed bill is really a double-edged sword.

For starters, it’s going to cost our automakers millions of dollars to convert and upgrade their existing technologies, and it will cost them even more to invest in the research and development of low-carbon electricity and cleaner, more efficient fuels. And with the financial crisis the automotive industry is already facing, it’s not clear where they will get the capital needed to begin this process – and some manufacturers simply can’t afford to spend time on these new innovations, either.

But of course the automotive industry aren’t the only ones who are struggling financially – as you are probably well aware of, more and more families and individuals are having quite a bit of financial problems as well. And what many supporters of this proposed bill don’t realize is the fact that developing cleaner and more fuel efficient cars will actually increase the price tag of new vehicles – as much as an additional $1,300 for some. Opponents of the bill, however, warn of a much higher added cost – maybe even to the tune of $6,000.

Fuel Efficiency Will Cost Taxpayers?

And that’s not all – even some of President Obama’s own colleagues are opposed to the bill. Director of the Office of Management and Budget, Peter Orzag suggests that reducing green-house gases will actually reduce average yearly incomes for families and individuals, as well. Furthermore, our nation’s economic output is also reduced by 2% to 3% for every 1% our taxes are increased. And who do you think is going to foot the bill for a project of this magnitude; the American taxpayer, of course.

However, supporters of President Obama’s proposed bill see this is a golden opportunity to make a solid investment in our nation’s future. If American automakers can begin producing cleaner and more fuel-efficient vehicles in a timely manner, and make them available at a price that the general public can afford, we might actually be able to revive our economy and start on the road to recovery as soon as possible.

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Top 3 hybrid vehicles and their features

AutoCareInsurance.com — Wed, 13 May 2009 13:34:04 +0000

Hybrid cars are the hottest purchase in the vehicle market today. Saving on fuel is a top priority for most American drivers these days as the economy struggles to recover. However, buying a hybrid car is a big commitment and one to be taken seriously. The question burning in everyone’s mind is, what is the best hybrid car and why? This article will discuss the top 3 hybrid vehicles and their features.

2009 Toyota Prius

The top choice for a hybrid vehicle today is the 2009 Toyota Prius Hybrid. The 2008 Prius was considered a top choice as well, due to its outstanding fuel economy. When it comes to hybrids, gas mileage is of the utmost importance. It is what consumers are most interested in. The Toyota Prius sweeps the board by achieving 48 mpg in the city and 45 mpg on the highway. With more trunk space and interior space for comfort, the Prius does not seem as stuffy and small as the typical economy car, making it more desirable. It is also relatively affordable compared to other hybrids of its class.

2009 Honda Civic

Coming in as number two on the list is 2009 Honda Civic Hybrid. This vehicle competes well with the Prius because it too is affordable for a hybrid and fairly roomy inside. The gas mileage is still incredible good at 40 mpg in the city and 45 mpg on the highway. The Honda Civic Hybrid is considered to be a very reliable vehicle, which brings it to the number two spot. This vehicle also comes with a fantastic extended warranty deal which solidifies its position on the list.

2009 Ford Escape

Third on this list is the 2009 Ford Escape Hybrid, which maintains an SUV style body and yet gives vehicle owners far superior gas mileage than its SUV contemporaries. Families can now have the convenience of a larger vehicle without the headaches of the killer fuel costs. The Escape is stylish, comfortable and powerful, making it third on the top 3 hybrid vehicles and their features list.

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Will Gas Prices Spike for Memorial Day Weekend?

AutoCareInsurance.com — Mon, 04 May 2009 18:56:10 +0000

Memorial Day Gas Price Spike?

Has anyone else noticed how gas prices always seem to go up on the weekends? Not only do we find that gas prices increase on weekends but they also consistently rise when we have a holiday. Are gas prices going up for Memorial Day weekend? If gas price patterns are any indication, the answer would be yes.

Why are gas prices going up for Memorial Day weekend? As a rule, gas prices tend to begin an increase in the spring and peak in late summer, when people are driving more. With good weather and vacations, gasoline demand increases. The two elements that affect the cost of gasoline are crude oil prices and the level of supply to demand. Even when crude oil prices are stable, gas prices will fluctuate due to demand and competition between local gas stations. If crude oil prices do not change, we can expect an increase of 10 to 20 cents between January and summer.

Gas prices going up for Memorial Day weekend gives one something to think about. Memorial Day, originally called Decoration Day, was a day established in remembrance of those who lost their lives in service to our nation. Traditional observance of Memorial Day has declined over the years. Americans have forgotten the meaning and traditions; and the graves of the fallen are increasingly ignored. Some Americans feel Memorial Day is for honoring all of the deceased, not just those who died in service to our country.

One day out of an entire year was set aside for the nation to come together to remember, to reflect, and to honor those who gave their all in service to our nation. Those of us who still adhere to some of the traditions of Memorial Day typically go to place flowers on the graves of our loved ones. If the price of a gallon shoots up for the weekend, it will make it more difficult for some.

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Gas Prices Fluctuate, Drop

AutoCareInsurance.com — Wed, 08 Apr 2009 20:53:51 +0000

Bizjournals.com reports gas prices dropping in Pennsylvania, but only by one cent. The report covered Erie to Altoona.

Forbes.com reported that the Carolinas will see gas prices stabilized for the Easter holiday, and compared to last year and the year before, gas prices at Easter are down significantly.

Ohio is one of the leaders in low gas prices, dropping below $1.80 a gallon, oxfordpress.com reports. Wyoming is among those with lower prices, averaging $1.869 a gallon statewide.

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West Virginians saved 3 cents a gallon recently, and gas there is down almost $1.40 compared to 2008.

In a bold prediction, Features.Csmonitor.com has said a gallon of gas should stay below $3.00 a gallon according to statistics.

What this means for you, the consumer
AutoCareInsurance.com is always happy to report declining gas prices, which means savings in your pocket. One thing we don’t need in this economy is $4.00 a gallon gas! Keep watch on your gas prices or visit GasPredictor.com to see where you might be heading for the price of gasoline in your area.

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Gas Price Predictions Accurate to Date

AutoCareInsurance.com — Fri, 03 Apr 2009 20:39:44 +0000

In a recent article posting we discussed a website that predicts gas price futures. Can anyone really be sure what the future will hold for the ups and downs of gas prices at the pump?

Apparently, they can. GasPredictor.com has announced 100 Consecutive Correct Predictions, a recent press release states on prweb.com. Their first prediction came on November 7, 2008 and they’ve scored perfectly to April 2, 2009.

What this means to you the consumer
When we first heard of GasPredictor.com, we were doubtful of the accuracy of said predictions, but it seems that they are correct for the past six months. AutoCareInsurance.com will keep an eye on this site to see if they are a continuing reliable source for gas price predictions, which will help save you money.

Read the entire press release here: GasPredictor.com Announces 100 Consecutive Correct Predictions

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Can Your Hybrid Help You Get Cheap Auto Insurance?

AutoCareInsurance.com — Wed, 11 Mar 2009 20:10:02 +0000

In an effort to save money and to make less of an impact on the Internet, many people are choosing to purchase hybrid cars that will help them stretch their gas dollars. These cars may help with saving money on gas, but what about when it comes to getting cheap auto insurance? Can a hybrid car owner enjoy a savings on gas while also getting cheap auto insurance, or does purchasing a hybrid come at a price?

Saving on Gas

There is no doubt that hybrids can help car owners save a significant amount of money when it comes to buying gas. After all, this is the main reason so many people are looking toward purchasing hybrid vehicles. With the help of an electric motor and batteries capable of storing energy that has been recovered during braking, the vehicles are able to use less gas. One hybrid vehicle, the 2008 Toyota Prius, has an estimated MPG of 46 and the Honda Civic Hybrid gets 42 MPG.

It is important to note, however, that there are actually different types of hybrid vehicles. While some are geared more toward helping the driver save on gas, others are meant to help increase performance. Some sports cars, for example, add electric motors in order to increase their power. While this type of vehicle uses less gas than a vehicle with a larger gas engine, it could actually use more gas than a vehicle without an electric motor might use. The 2008 version of the Lexus GS 450h, for example, gets about 23 MPG with its combination engine while the 2008 Ford Escape Hybrid gets 32 MPG. Therefore, you are not necessarily guaranteed to save on gas when you purchase a hybrid vehicle.

Obtaining Cheap Auto Insurance

Another potential perk to purchasing a hybrid vehicle is that you may be able to obtain cheap auto insurance. Some companies will provide discounts for hybrid cars, with some offering as much as a 10% discount. Whether or not driving a hybrid will help you obtain cheap auto insurance depends largely upon the type of hybrid vehicle you purchase. Therefore, if you are hoping to obtain cheap auto insurance with the help of your hybrid car, be sure to do some comparison shopping and to discuss rates with your agent in order to get the best deal possible.

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Saving On Taxes

In addition to potentially saving on gas and getting cheap auto insurance, you may also be able to qualify for tax breaks and discounts when you purchase a hybrid. Some hybrid models qualify for federal tax incentives and many states also offer incentives for those that purchase hybrid vehicles. Some also offer special toll incentives and parking incentives, but be sure to find out which vehicles qualify before making a purchase.

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Conoco’s CEO predicts Oil Price Jump

AutoCareInsurance.com — Wed, 11 Mar 2009 18:22:38 +0000

Saving money by paying less than $2.00 a gallon for gas has decreased the financial strain many Americans have been feeling, but will it last? ConocoPhillips’ (COP) chief executive Jim Mulva thinks an increase in the price per barrel of oil will increase, but not to the dramatic points we’ve seen in recent past.

"We don’t have expectations of oil prices of $80, $90, $100, but we do look at oil prices moving up from the low levels we’ve seen," Mulva said. "Maybe in neighborhood of $60 to $70 over time."

Conoco is worried that if oil prices don’t average $52 a barrel they won’t break even and be able to pay dividends in 2009.

What does this mean for you, the consumer?
Having a CEO of a major company predicting oil prices can at least prepare us for what may be in the future. As oil and gas prices have dropped, sales of trucks and SUVs have increased. However, the future is uncertain and keeping your small sedan or hybrid vehicle may make better dollar sense in the long run.

Read the entire article here:
money.cnn.com

Gas Price Predictions Accurate to Date In a recent article posting we discussed a website that predicts gas price futures. Can...
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Gas Prices and Gas Predictions

AutoCareInsurance.com — Fri, 06 Mar 2009 19:33:50 +0000

Another tip from AutoCareInsurance.com to help you in your troubled economy:

When gas was $4.00 per gallon, many of us used the now famous gasbuddy.com to find the cheapest source of gas. It features a simple search in your area and includes many, if not all, of the local gas station prices.

Lately, gas prices have been fluctuating, and slowly increasing. That’s where Gaspredictor.com comes in.

To quote from their website: “Each workday afternoon (U.S. Eastern Time), check our predictions to help you decide whether to buy gas on your way home, or to wait until tomorrow.”

Check for lowest gas prices on gasbuddy.com or if you need to wait to buy gas, check out the futures prediction on gaspredictor.com.

Gas Price Predictions Accurate to Date In a recent article posting we discussed a website that predicts gas price futures. Can...
Gas Prices Fluctuate, Drop Bizjournals.com reports gas prices dropping in Pennsylvania, but only by one cent. The report covered...
Gas Prices Dropping… Will you keep saving at the pump? MSNBC.com reports that national gas prices have dropped a whopping 15 cents in 2 weeks,...

Tips to save on Travel and Gas in Fort Collins, CO

AutoCareInsurance.com — Thu, 26 Feb 2009 18:35:37 +0000

According to a recent press release you can now travel to Fort Collins, CO without the worry about gas prices, as long as you stay at the Residence Inn. The popular hotel is offering a $25 gas gift card for every night stayed Thursday through Sunday. Wow!

So now while you’re going to visit Rocky Mountain National Park, or go rafting and fishing at the nearby Poudre River, your gas is paid for.The Residence Inn accommodations include kitchens, fitness center, indoor pool and whirpool, pull out sofas and more.

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