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My brother-in-law who sells Chevys says that $3/gallon gas was the defining point in whether his Dealership would sell more SUV's and Trucks, or more cars. In light of recent fuel price increases that value may drift higher.
What baffles me is the speeds being driven by these low MPG vehicles. Admittedly Michigan does not enforce speed limits, but 90+MPHin a 6,000 pound SUV must yield single digit fuel efficiency numbers.
In January I paid $1.85/gallon here in Michigan for mid-grade, now it is $2.95/gallon and crude prices have been falling or held pretty much steady. It seems fuel prices are driven only by oligapolistic greed and not the regular supply & demand market pressures.
posted by 68.40.14...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- April 2007 San Francisco South of Market Gas Station, Scott Paterson
, Mon, 23 Apr 2007 11:06:21- The thing about gas prices is that <rant>, Noel, Tue, 24 Apr 2007 05:55:49
- Gee 4s up front look scary odd even for me., ursaw, Mon, 23 Apr 2007 21:32:03
- Nice! (+), vvk, Mon, 23 Apr 2007 20:09:03
- Almost that high in L.A........, nuysSAAB
, Mon, 23 Apr 2007 18:48:39 - Wow! It's $2.89 in Upstate NY., UpstateNY Bill, Mon, 23 Apr 2007 15:04:15
- Last Friday, premi was $ 2.99/gal. in N.O...., Allen in N.O., Mon, 23 Apr 2007 14:58:46
- Gee, just in time for my drive up Highway One..., Noel, Mon, 23 Apr 2007 12:53:50
- Wow! Gas is finally cheaper in Canada!, LesH, Mon, 23 Apr 2007 12:42:07
- this is awful....., earthbrown, Mon, 23 Apr 2007 12:27:21
- Re: April 2007 San Francisco South of Market Gas Station, pjkbrit, Mon, 23 Apr 2007 11:38:37
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