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Entries in US Department of Energy (2)

Tuesday
Jan182011

Gas Prices: Another Week, Another Penny

Photo Courtesy - Getty Images(WASHINGTON) -- Gas prices ticked up another penny during the past week, the U.S. Department of Energy said Tuesday, with the national average price now sitting at $3.10.

It’s the highest gas price since October 2008 and the second-highest price for gasoline in the month of January ever. Only the week of Jan. 7, 2008 was higher, at $3.11.

Copyright 2011 ABC News Radio

Friday
Oct082010

2010: The Year the Electric Car Becomes a Reality?

Photo Courtesy - Nissan Motor Co(NEW YORK) -- This fall marks the beginning of the largest rollout of electric cars and the infrastructure to support them in U.S. history.

More than 20,000 charging stations across the nation will be deployed, and that's just the beginning. If all goes as planned, American households will be transformed into gas stations of the future, electric car corridors will connect major cities, and electric car-sharing programs will sprout up in cities across the nation.

Within a few years, every major automobile manufacturer will release a version of an electric car.

Mark Perry, director of product planning for the Nissan Leaf, an all-electric, zero-emission car just given a Popular Mechanics "breakthrough award," spoke to ABC News.  He said, "Fifty thousand units of the Nissan Leaf will be mass produced the first year.  If you want to make a difference in oil demand and carbon emissions, you have to make a lot of cars."

The Nissan Leaf goes on sale in December with a price tag of roughly $25,000 after federal rebates. It is billed as the first electric car to be priced competitively with standard vehicles.

The Leaf will seat five. It comes with a battery warranty for eight years and 100,000 miles, and the ability to save you $2,000 a year on gas, assuming you travel 15,000 miles and get 25 miles per gallon.  It travels 100 miles per charge, which might be fine for the average consumer, since 80 percent travel less than 50 miles per day.

The U.S. Department of Energy has allocated $400 million to electrify the transportation sector. It will help build an electric car infrastructure that will allow people to charge their electric cars as they travel. Within the next few years, some areas of the country will have more electric car charging stations than gas stations.

Copyright 2010 ABC News Radio







ABC News Radio