Recent Comments:
Spy Shots: VW "Robust" pickup {Autoblog}
Jul 25th 2008 9:29AM Would adding a TDI truck, that would for sure beat the new 27MPG CAFE standard, help them to comply on their other products?
I for one would love to have an AWD TDI DSG truck that gets around 30 MPG highway (already own a Jetta TDI wagon). The main problem is if it is from VW I will not be able to afford it.
Spy Shots: Ford's 4.4L diesel underhood {Autoblog Green}
Jul 24th 2008 2:27AM I agree. They should have used the V6 that is already developed and tuned it for around 250hp and 325ft lbs. and it would have gotten in the mid 20's highway.
John McCain flip-flops on state level CO2 regulation {Autoblog Green}
Jul 19th 2008 11:02PM TX, I agree...
How about lets make a pact, right here and now.
No Liberal, Socialist, commie, pinko rubbish on ABG.
No coolaid drinking hypocritical Al Gore MMGW brainwashing crap either.
Lets just talk about what we can all agree about
EFFICIENCY, SUSTAINABILITY and cool cars!
Is it over yet? Oil prices drop like a rock {Autoblog}
Jul 19th 2008 8:47PM Reply function did not work.. this was for Artie's comment to steve:
Mars to Steve: we got the technology from the wrecked UFO at Roswell. Duh.
Is it over yet? Oil prices drop like a rock {Autoblog}
Jul 19th 2008 8:44PM Artie, I vote that comment as the funniest of the month! Jesus Christ... I seriously almost fell out of my chair laughing so hard!
John McCain flip-flops on state level CO2 regulation {Autoblog Green}
Jul 19th 2008 8:09PM Wouldnt it be easier to just build some giant fans to blow the smog away instead of subjecting the entire country to the regulations needed in one city.
How about LA get some balls and ban all vehicles with IC engines and leave the rest of us alone.
Just thinking outside the box here.
Is it over yet? Oil prices drop like a rock {Autoblog}
Jul 19th 2008 4:20PM I hate to get into this debate because it is so far off topic...
But...
Steve all you have proven is that it takes rocket science, not electronic science to get someone to the moon and that people have much less conviction of character then they did in the 50's.
And...
Have you been to China? I have and I am surprised that they have gotten anyone into space yet…
Seriously dude? You probably believe that the US government blew up the WTCs too. weak arguments…
Is it over yet? Oil prices drop like a rock {Autoblog}
Jul 19th 2008 3:38PM Artie,
While I do not understand the speculative market (none of us do, unless you are a speculator) I do think that the way it works is as soon as the big guys drop out there will be a sharp plummet of prices.
LS2,
I am predicting a negative peak of $60, not sustained price. My guess is that it will stabilize somewhere around $75-$80 before continuing its historical gradual increase.
There is more negative pressure on oil price than positive:
1. Demand destruction in the US is already being seen through people driving less and buying more fuel-efficient cars.
2. China reduced its subsidy on fuel (we haven’t seen the magnitude of the effect yet).
3. Saudi Arabia will have the Al Khurais fiels online by next year.
4. Canadian oil sands will be ramping up production for the next few years.
5. Plug-in hybrids will be available in the next two years with a substantial portion of the US adopting it in the next 15 years.
6. Abandonded oil wells around the US are being brought online
7. There seems to be an immanant decision to allow at least some driling off coast and in ANWAR.
8. The credit crisis may be coming to an end allowing the FED to strengthen the dollar by raising the interest rates, which will cause the economy to weaken a little further that will cause less demand. This will set the stage for a recovery 1st quarter next year
Is it over yet? Oil prices drop like a rock {Autoblog}
Jul 19th 2008 1:47PM Oil did go up $2 just before trading started but it lost those two dollars before the end of the day settling at $128.50 for the weekend. I have been predicting $60 oil and $2.75 gas before Feb next year for a month now. While I do believe that oil will make a short recovery, maybe even another record price, it will drop like a rock as soon as the major speculators drop out and leave the smaller players holding the bag.
FYI…
Here is a ticker for Light Sweet Crude on the NYMEX
http://freeserv.dukascopy.com/chart/?stock_id=504
Here is a history of the mid-80's oil situation:
http://en.wikipedia.org/wiki/1980s_oil_glut
Veteran journalist John McElroy calls for EV1 revival; too bad it's not that simple {Autoblog Green}
Jun 28th 2008 6:30PM What they need to do is sell the body and most of the power component and body designs to a kit car company. They would make the body and subassemblies and you have to do final assembly yourself. Kind of like an Ikea EV1. This would get around the safety regs and would satisfy the relative low volume demand.
