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Report: Better mpg, switch in fuels means lower expense
by Daniel J. Graeber
Washington (UPI) Oct 21, 2014


disclaimer: image is for illustration purposes only

Better fuel efficiencies and a change in fuels used for home heating means most people are spending less on energy than before, the U.S. Energy Department said.

"Because electricity and transportation spending accounts for more than two-thirds of consumer energy expenditures, increasing vehicle fuel efficiencies and changing fuels used for home heating have contributed to lower consumer energy expenditures relative to disposable income," the department's Energy Information Administration said Tuesday.

Edmunds.com said the average new vehicle sold in January got 24.9 miles per gallon of gasoline, an increase of nearly 5 mpg from October 2007. The number of consumers using natural gas has increased more than 3 percent from 2007.

EIA said consumer energy expenditures as a percent of disposable income was lower last year than the average in the 1960s despite the rate of inflation.

The report found, however, that energy prices have been more volatile than overall prices for consumer goods.


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Dongfeng, Huawei partner for Internet-enabled cars
Wuhan (XNA) Oct 21, 2014
Telecommunications giant Huawei and Chinese carmaker Dongfeng Motor Corporation have launched a project to develop Internet-enabled cars, beginning with the installation of mobile Internet devices into vehicles. Under an agreement signed between the two companies on Friday, Huawei will develop a product that can provide Internet access for five cell phones in the car. The "Windlink" termin ... read more


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