Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Cheap Gas = Trucks to outsell cars again this month]]>http://www.autoblog.com/2008/12/24/cheap-gas-trucks-to-outsell-cars-again-this-month/http://www.autoblog.com/2008/12/24/cheap-gas-trucks-to-outsell-cars-again-this-month/http://www.autoblog.com/2008/12/24/cheap-gas-trucks-to-outsell-cars-again-this-month/#commentsFiled under: , , , ,

It's the same old story, people say one thing, yet do another. The price of fuel has fallen to the point that it's no longer financially ruinous to fill the tank on a full-size pickup, so looks like truck sales will eclipse cars in December. Despite the public's rhetoric about smaller and more fuel efficient vehicles, the populous has seemingly gone back for another feed at the truck trough. Winter tends to remind people of the things that SUVs and trucks are good for, like plowing and effortless going in inclement conditions while also carrying a passel of rugrats and their associated detritus. Not only are truck sales expected to be up, Hybrids will be the flip side of the trend, underperforming compared to what everyone might have thought a mere four months ago. It might end well for the automakers, with higher profit trucks bouncing back, though the investment in green and hybrid technology will go wasted if the marketplace ignores it, a real danger with fuel prices easing... for the time being. Hat tip to reader "Throwback"

[Source: CNN, Photo: yammeringmagpie]


Cheap Gas = Trucks to outsell cars again this month originally appeared on Autoblog on Wed, 24 Dec 2008 09:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>energy pricesEnergyPricesfuel pricesFuelPricesgas priceGasPricesuv and trucksuv salesSuvAndTrucktruck salestrucksTruckSalesWed, 24 Dec 2008 09:58:00 EST<![CDATA[Gas prices pleasant as economy tanks]]>http://www.autoblog.com/2008/10/10/gas-prices-pleasant-as-economy-tanks/http://www.autoblog.com/2008/10/10/gas-prices-pleasant-as-economy-tanks/http://www.autoblog.com/2008/10/10/gas-prices-pleasant-as-economy-tanks/#commentsThe US, and in fact the entire civilized world, is knee deep in a financial meltdown. However, crashing stock markets and crumbling banking institutions have led to one pleasant side effect. The price of gas is dropping faster than the NASDAQ. A quick trip through south-east Michigan shows that gas prices have dropped below the $3.00 threshold, and tumbling crude prices show that even cheaper petrol is on the way. A barrel of oil now costs $77.70, which is in stark contrast to the $147 per barrel crude in July that lead to $4.25 per gallon gasoline. That's a drop of nearly $9.00 today alone, and OPEC has scheduled an emergency meeting to try to halt the precipitous drop of black gold. And since we're paying under $3.00 per gallon for oil that was purchased last month, that means we won't bear the fruit of the recent drop in crude until November.

While many of you were with us in praying for this drop, it's coming at a huge price. Gas is becoming more affordable because a set of Texas-sized Brembos put the brakes on energy use, but at least it's cheaper. At this rate, if the get depressed about the economy, we can afford to go for a quick ride without having to take out another loan on our crashing mortgages.

[Source: CNN Money]

Gas prices pleasant as economy tanks originally appeared on Autoblog on Fri, 10 Oct 2008 18:32:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>energy pricesEnergyPricesgas pricesGasPricesoiloil pricesOilPricesFri, 10 Oct 2008 18:32:00 EST