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Feb 24, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: America’s getting more oil-efficient — but not quickly enough

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
America's getting more oil-efficient — but not quickly enough
Feb 24th 2012, 15:13

Stuart Saniford has put together a fascinating chart showing that U.S. oil efficiency has been improving dramatically of late, as crude prices have risen. It's not just that people are cutting back on driving. Every time oil gets pricier, Americans figure out how to wring more and more economic activity out of a single barrel of crude:

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