CAFE stds on the chopping block
NYT Good riddance. There is no way that the average fleet mileage would ever come close to those numbers anyway. Hopefully the ethanol scam will be cut at the same time.
Forum Discussion
One word, Inflation!
$1 in 1987 is equivalent to $2.14 today so you are still paying about the same price for fuel given inflation since the average fuel cost is about $2.25.
$100,000 in 1987 is equivalent to $213,767 today with inflation.
Per the US census, the median household income in 1987 was $25,986 which is $57,576 today with inflation. That median income is slightly higher than the last census report for 2015 at $55,775.
Here is the US governments inflation calculator if you want to check yourself ---> LINK
$1 in 1987 is equivalent to $2.14 today so you are still paying about the same price for fuel given inflation since the average fuel cost is about $2.25.
$100,000 in 1987 is equivalent to $213,767 today with inflation.
Per the US census, the median household income in 1987 was $25,986 which is $57,576 today with inflation. That median income is slightly higher than the last census report for 2015 at $55,775.
Here is the US governments inflation calculator if you want to check yourself ---> LINK
