Tag: oil

By on May 22, 2015

2016 Toyota Fortuner Brochure Leak

In addition to the go-anywhere Toyota HiLux, it looks like Australia will get a Fortuner reprise.

Here’s what happened overnight.

(Read More…)

By on May 11, 2015

12 - 1986 Dodge Aries Down on the Junkyard - Picture Courtesy of Murilee Martin

Chrysler has built a lot of cars atop the K platform. BangShift has put together a handy guide to figure them all out.

(Read More…)

By on May 8, 2015

Jeep Trailhawk Truck Render

As trucks ride a heat wave of interest from consumers, I look at this Grand Cherokee render and think, “That’ll do.”

(Read More…)

By on May 6, 2015

Rachel Notley, Alberta NDP Leader

Last night, it became official: Alberta, the largest producer of oil in Canada, ended the 40 year reign of the Progressive Conservatives in favor of the New Democratic Party (NDP), a democratic socialist party.

This could mean big changes in the energy sector, from oil patch to gas pump.

(Read More…)

By on January 29, 2015

oil-refinery.jpg

Despite a collapse in oil prices of 50 percent since summer’s end, Saudi Arabia, whose vast production capacity has enabled that country to modulate world oil prices by adjusting its output, “effectively resigned from that role,” Daniel Yergin wrote in this past Sunday’s New York Times Week in Review. “…OPEC handed over all responsibility for oil prices to the market, which the Saudi oil minister, Ali Al-Naimi, predicted would ‘stabilize itself eventually.’”

(Read More…)

By on January 16, 2015
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Reuters Energy analyst John Kemp has published a timeline of events that explain the latest crash in crude oil prices. As energy prices enter a new era, we’ll be focusing more and more on this sector, and how it relates to the automobile.

By on January 14, 2015

David Obelcz is back with Part Two of his series on oil prices. Part One can be viewed here.

In the 1966 Spaghetti Western classic The Good, the Bad, and the Ugly, the three principal characters come together in what is considered the most iconic standoff in cinematic history. Three parties hostile to each other and the first one to shoot is the most likely loser.

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By on January 5, 2015

wtilcbo

As of 3:03 P.M., a barrel of West Texas Intermediate crude oil is sitting at $49.90 USD. For $42.48, you can get a fifth of Wiser’s Legacy Canadian Whisky – decent stuff, but nothing fancy. If you’ll excuse me, I’m off to buy myself a Hellcat.

By on January 5, 2015

 

(photo courtesy: chuckmanchicagonostalgia.wordpress.com)

TTAC Commentator Arthur Dailey writes:

Sajeev,

Thanks very much for posting my question. Your answer and the comments from others were most informative. How about another?

We now have only 2 licensed drivers in our home. We do however have 3 licensed cars in the driveway. Please do not ask about the project car in the garage. 2 of the cars are our ‘daily’ drives, the 3rd is used primarily on weekends. We live less than 3 minutes from a 400 series highway in Ontario. That means that the cars can be required to reach highway speed before they are ‘warmed up’.

My normal practice last winter was to get up, start all the cars, turn off all possible drains on the batteries. Then take the dog to the park across the street, stretch our legs and let him do his business. After about 10 minutes we return. I then turn on the heater/defrost on the 2 cars that we will be driving and scrape/brush them. When this is completed, I turn all 3 cars off and go back into the house to get myself ready for work. You may all remember what last winter was like and the upcoming winter is supposed to be similar.

Now I understand that idling is environmentally irresponsible. And possibly against by-laws in some areas. That however is a discussion for another forum. (Read More…)

By on December 1, 2014

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TTAC reader (and Pontiac G8/Holden conversion owner) David Obelcz gives us his thoughts on the current situation in the world of crude oil – and how that will affect car enthusiasts.

Over the Thanksgiving holiday in the United States, Saudi Arabia blocked a proposed production cut by OPEC, sending oil prices plummeting around the world. As I write this the price of oil and gasoline futures are in collapse. West Texas Intermediate (WTI) futures are down over 10% to $66.15 a barrel on the near-month (January 2015) contract, Brent is at $70.15, and gasoline futures are down to $1.90.

(Read More…)

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