many 4 cylinders make so much more power and torque at higher RPM's, even with the same gas pedal position, that it has never surprised me that i can equal my car's claimed highway MPG rating on 80 MPH trips, even including triple digit blasts. slowing down kills my mileage to the tune of 20%! the other thing is that the faster you drive...
A) your engine has to power the A/C compressor and electrics for less time, and therefore less gas is used on those things.
B) your A/C will be far more effecient at higher speeds, and therefore spend less time cycled on, further reducing the A/C's impact on MPG. in some cars, you can feel a distinct difference in vent temperature between even 50 MPH and 70 MPH.
C) as a percentage of your vehicle's total power requirements, A/C and electrics drop dramatically the faster you drive. if it takes 15 HP to cruise at 30 MPH and the A/C uses 5 HP, running the A/C requires a whopping 33% increase in engine power. at 80 MPH, where you might be using 75 HP, suddenly the A/C only requires a 7% increase in power. so again, driving fast vastly reduces the impact of the A/C and electrics on your mileage.
on mountain trips, maintaining a high rate of speed is CRUCIAL to my mileage, because it means i can use momentum to carry me over inclines without having to dig deep into the accelerator, and because slowing down results in my car being forced to kick down one or even two gears. on trips where traffic screws me up, even if i don't have to touch the brakes often, my mileage suffers by about 20% because i end up screaming up a hill at 5,000 RPM trying to keep up with traffic instead crusing serenely over it at 20 MPH faster with no drama and no floored gas pedal.