New Study Finds Gas Cars More Economical Than EVs, but Experts Say It Won’t Change Policy

Published on March 1, 2024

After a hot start, electric vehicle (EV) sales at the beginning of 2024 represented just 9 percent of the new car market, with many dealers publicly complaining they were having a hard time moving them off the lot. A new study claiming that gas-powered or internal combustion engine (ICE) vehicles may be more economical to drive is not going to help motivate buyers who are reluctant to buy one.   Lansing, Michigan-based Anderson Economic Group has released updated fueling cost estimates, which compared ICE vehicles to EVs in the fourth quarter of 2023 and found that with gas prices dropping across the country, gas-powered vehicles might be cheaper to fuel compared to an equivalent EV. ...

Continue reading on website
Other news

Cory Morgan: Like Roosevelt’s Conservation Efforts, Smith’s New Rules for Renewables Put Environment First

March 1, 2024
CommentaryAt the turn of the 19th century, the Wild West still existed in North America as developments and settlements expanded with little to no regulation, planning, or guidance. U.S. President Theodore Roosevelt recognized the risk in allowing unfettered development expansion across pristine lands as it would rob future generations of the ability to enjoy them. During his term in office betwee

Gov. Abbott: Nearly 500 Structures Destroyed by Fires; Need to Find Shelter for Those Who Lost Homes

March 1, 2024
Texas Gov. Greg Abbott said up to 500 structures may have been destroyed by the largest wildfire in state history while in Borger during a Friday news conference.“When you look at the damages that have occurred here—it’s just gone, completely gone. Nothing left but ashes on the ground,” Mr. Abbott said.The Republican governor cautioned that the number of lost properties could rise and that damage