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Old 06-10-2008
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Default Higher Gas Prices Leading to Fewer SUVS

lthough we were all quite happy to find out that in April, SUVs and light trucks’ market share dropped to the lowest it had been in 9 years, we will be paying for cleaner air by paying for ultra-high gas prices. The gas hike that has been occurring lately has certainly been a leading factor in discouraging motorists from buying vehicles with poor mileage, but as the chart to the left shows, the trend may be worsening with gas prices expecting to hit an all time high of $3.72 (US) per gallon this summer. Although it benefits those of us who are already driving eco-friendly vehicles, the upcoming hike may be enough to make even the worst fuel consumer switch to a hybrid


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