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Automakers Circumvented US Fuel Economy Standards

The SUV’s emergence and greater use of pickup trucks for everyday transportation explain this development. Essentially, vehicle manufacturers used the truck loophole to avoid the fuel economy standards, and politicians turned a blind eye to this tactic. Read more here.

US Average Vehicle MPG

Average US fuel economy stopped improving in 1991.

Hedging: Fracking CEOs Pay for Their Stupidity (August 2, 2021) -- We criticize the CEOs of the independent oil companies because almost all of them have reported or will soon report substantial “losses” from their hedging activities.

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