If gas stays cheap long enough for them to forget (and that’s not too long!) they’ll be lining up for Expeditions again by spring…. Detroit will get another case of tail-wagging-dog whiplash when SUV demand skyrockets and they all scramble to switch their factories BACK to truck production, and they’ll whine “OK, there’s REALLY no way we could have seen THIS coming!”

The myopic follies will just go on and on….

SD 328I
Yes…they will become fashionable again.
Exactly why I will then take this advantage.
Sell them the SUV. Don’t really use it much nowadays. And when and if I do, I will rent.
And gas will once again be high…but I will be truck free. I think this is a wonderful opportunity.

Both of you gents are spot on. Generally speaking, people are gullible but not stupid.
This oil rise cut deeply enough to leave a mark. If folks don’t need the capability or capacity they will make the rational choice…eventually. It pays to be ahead of the curve. Good Hunting.

Any time you see someone blaming specuation on high (or low) commodity prices, you know they are ignorant of basic market economics.

It’s popular to lambast the Evil Speculators when prices rise. It’s not so popular to cry for the Poor Speculator when they misjudge and loose money on a market move.

Speculators help find natural market prices faster.

He asked me about my Prius a few times.

Know what he went out and bought? (He could buy anything to drive to work at the hospital – up to and including a hyper-expensive BMW, Mercedes or even Bentley, no doubt).

He bought a Kia Spectra, for the gas mileage and for the 0% financing.

He’s well and truly over 40, more like 60.

Detroit and Europe are sooooo screwed.

A lot of folks under 40 don’t want em’…. a lot of folks over 40 do.

Americans in general do not like small cars, they drive them because they have to. If prices drop, so will small car demand.

So you better hope prices stay high to keep the incentive to save resources.

Hey! Good, no GREAT Idea.

I think its a little deceptive and I will feel really, really bad after I do it, but you are right.
Use this as an opportunity to unload our gasaholic cars onto some fool.
This would make WC Fields proud!

AAxel…wonder what the guy who had the temerity tto argue with us that “there was nno emotion involved in $140 oil” is thinking today…..he didn’t show up on the thread…

Delighted to see that for the most part, the “best and brightest” here at TTAC are taking tthe ups and downs in the right spirit….one good thing about reasonably prices (read: price supported by fundamentals and not driven up needlessly and cynically by a-hole spectulators) is that it gives our country and the world economy a little breathing room to manuever with a hopefully a little less drastic pain. You haters out there who seem to be crestfallen that oil is down from $140 and want it to stay that way to “teach the US a lesson”, hopefully you realize that behind the statistics is a lot of pain for our citizens and extra, unneeded angst about the uncertainties of their futures. Hopefully y’all can lighten up, a little.

But this is like the lesson my daddy always taught me….”Things are never as bad, or as good, as they seem.”

One thing is for sure, should we be “blessed” with Lord Obama, America will be in for one heck of a ride, right in the wallet.

As opposed to the don’t-tax-but-do-spend-money-like-poisoned-water crowd that’s currently in office?

a bridge o’er to Brooklyn’s incredibly swell
and to you ,for just two hundred dollars, I’ll sell

“merica will be in for one heck of a ride, right in the wallet.”
- and the last 8 years were a leisurely stroll in the park?

What happens to fear and uncertainty is hard to predict, but I think there will be a lot of irrational joy around the world if Obama is elected in November, and we could see oil as low as $70 by January.

Since the democrats want to do nothing to increase oil production when we have an oil based economy, that could drive oil prices back up. One thing is for sure, should we be “blessed” with Lord Obama, America will be in for one heck of a ride, right in the wallet.

I don’t know about $80 oil, but it’s more realistic than $200 dollar oil given where it was even a year ago. It’s not so much the price I have problems with, as much as the amount the price has changed given the factors involved.

Ya got me!

And I do believe that you can have a truck and NOT be a cowboy (or a construction worker) and still love trucks.

Its like that other post…a car guy to me is someone who LOVES their car, but didn’t just buy it for the image it projects of them.
Same for the truck lover.
You can love a truck for what it is and does.
But for all those who buy them just to look manly, thats a real kick.

Anybody that stand in the yard or garage at night staring at their machine love…and finds any excuse whatsoever to drive it…that’s the person who deserves their car/truck.

I’ll be ripping up that ‘For Sale’ sign on my Expedition and putting a down payment on a brand new Challenger.

Yes.
Very true…the dollar has a lot to do with this.
But only because the speculators or traders put their money into one or the other.
If one is a shitty investment….they all run to the other.

Or maybe I’m just an a-hole for thinking that way.

You’re like me – a fan of relative price stability. That’s a good thing for both conservation and production.

The relative strength of the dollar is also a factor.

Anyway, that oil was being speculated should have been obvious for no other reason than the people who said speculators weren’t playing a role in the run up were speculators.