Rising Fuel Prices Have Upended the Economy

Unless you’ve spent the last twelve months locked inside your home, then you’re probably dreading the next trip to the gas station. The average price for a gallon of 87 octanes has reached $3.40 in the United States. That’s about 50 percent steeper than it was at the start of 2021 and undoubtedly more than you’re wanting to shell out today. Though one cannot ignore the dizzying rates being advertised outside of British “petroleum parlors” or France’s many “un bordel pour voitures.” Canadians are also forced to endure higher gasoline prices, as the government tends to stack the taxes a little higher and the U.S. dollar tends to be more valuable. At least for now.

All you need to know for the purposes of this article is that fuel prices are up and it’s influencing the economy in some pretty dramatic ways.

Read more
Piston Slap: High Profile Rubber, Lube With Real Silicone Spray?

Bill writes:

Hi Sajeev,

{the usual crap about long time reader, first time poster} I know you just answered a few emails about tire / tire size, but this has been sitting in my drafts folder for a while (the efficient side of me), I’m going to send it off before you answer more questions about tires..

My first question to you was ORIGINALLY about my now departed ’97 Volvo 850 a few months back when you were asking for more questions, but I answered my own question after reaching 3 pages of problems and issues. So I traded it in, more or less at scrap value, for a ’09 Lexus GS450h which came with a nice set of performance summer tires at 245/40R18. And as they say, winter is coming, and I’d be foolish to drive a RWD with summer tires north of the 49th. I’m planning to run 2 sets of rims + tire, got my eyes on some not so shinny Nokian “Hakkapelitaeraerfdaf?” R2 tires, but they are $300 a pop at that size.

Read more
  • Formula m Same as Ford, withholding billions in development because they want to rearrange the furniture.
  • EV-Guy I would care more about the Detroit downtown core. Who else would possibly be able to occupy this space? GM bought this complex - correct? If they can't fill it, how do they find tenants that can? Is the plan to just tear it down and sell to developers?
  • EBFlex Demand is so high for EVs they are having to lay people off. Layoffs are the ultimate sign of an rapidly expanding market.
  • Thomas I thought about buying an EV, but the more I learned about them, the less I wanted one. Maybe I'll reconsider in 5 or 10 years if technology improves. I don't think EVs are good enough yet for my use case. Pricing and infrastructure needs to improve too.
  • Thomas My quattro Audi came with summer tires from the factory. I'd never put anything but summer tires on it because of the incredible performance. All seasons are a compromise tire and I'm not a compromise kind of guy.