Could One-Dollar Gas Be on the Horizon?

2016 Chevrolet Volt pic-7085065711858782732-640x480

A post on our page yesterday introduced CarGurus readers to the 2016 Toyota Prius, a car that will get 55 miles per gallon and a new, more aggressive look.

Five years ago a car like this would have been considered a gift from the heavens, but today Toyota is trying its best to keep it relevant. The same can be said for the new Chevy Volt, which comes with 53 miles of electric range and a gas-powered engine good for a total of 430 miles.

Cars that use fuel sparingly find themselves in a tough market now that gas is well below $3 per gallon. The battle will only get harder if predictions of sub-$2 gas hold true.

AAA says the average price of regular unleaded is $2.38 per gallon. That’s great news for everyone, but it gets even better, because the organization thinks prices will fall below the $2 mark before the end of the year.

AAA spokesman Avery Ash said in a statement,

There is good reason to believe that cheaper oil costs, a seasonal decline in driving and the switchover to less costly winter-blend gasoline will continue to push down prices through the end of the year.

That’s wonderful for families for obvious reasons, but it’s also a hit to the crowds who want to save the planet. Cars like the Prius used to be Hollywood status symbols and stood strong in the face of Hummers everywhere as a declaration of environmental responsibility.

Driving a Prius today is like declaring to the world that you panicked about gas prices and are now stuck in a car that’s no fun to drive and handles like a cardboard box. It’s a little embarrassing, actually.

Low gas prices are sure to spur more sales of big SUVs, which are major profit centers for Ford and GM. Rest assured, though, soon the tides will change, and eventually the drivers of those monster utes will kick themselves and watch drivers of the 2016 Prius with a tinge of jealousy.

Even with low gas prices, will you look into the new Toyota Prius or Chevrolet Volt?

-tgriffith

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