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June 23 Know Your Car's GPM (Gallons Per Mile)
According to the researchers, whose study appears in the journal Science, most people in the U.S. think an improvement of 5 mpg yields the same savings (in terms of fuel and dollars at the pump) regardless of the starting point--20 mpg to 25 mpg, for example, or 30 mpg to 35 mpg. The study's lead author told Reuters that this is "a math illusion." In reality, the amount of fuel you need to drive say, 100 miles, does not decrease evenly as the miles per gallon improve. That means a 10 mpg improvement can deliver more savings than a 15 mpg one--depending on where you start.Boston.com breaks it down:
Want to crunch the numbers for your own car (or for your neighbors' vehicles, if you're into eco-one-upmanship like Sandra Tsing Loh)? Study author Richard Larrick has put together a simple calculator on his blog. If you check it out, we'd love to hear about your results. Comments (1)
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