Global Oil Producers to Hold Emergency Meetings This Week

The world’s largest oil producers are meeting this week for negotiations aimed at saving the energy sector a lot of hardship further down the road. That includes the Organization of the Petroleum Exporting Countries (OPEC), which has been at odds with itself more than usual of late. Hampered by dwindling demand, member countries are suffering and aren’t sure what’s to be done about last month’s price plunge and surplus of crude.

During the cartel’s last meeting, Russia declined to collaborate with OPEC’s planned production cuts. This sent Saudi Arabia into a furious tizzy; it quickly attempted to flood the market with bargain oil in an attempt to drive out lesser players. Like everything else, this was further complicated by the global pandemic. The coronavirus has suppressed oil use to a point where suppliers are growing concerned about storage capacity running out.

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Piston Slap: Sending Out an SOS?
Eugene writes:Hi Sajeev, Your article provided some hope but I am still having difficulty finding a Fuel Tank Sending Unit 25060-53J15 for a 1996 Infiniti G20 (JNKCP01D5TT538768). Do you know where I can look? Our car only has about 110,000 miles on it, runs great, recently painted with new wheels.Now it seems like we may have to junk it since we cannot find this part — anywhere!
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Confessions of a Conversion Van Driver

My name is Vojta and I drive a conversion van. And, yes, I do that in Europe. And no, I have never offered anyone free candy. Actually, no one even expects me to do so, as pedophiles in Europe don’t drive big vans. Or at least people don’t think they do.

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Avoidable Contact: Infinity Jest.

I want to tell you this, although I know many of you will not believe. I want you to close your eyes and give me the gift of your trust for a few minutes, to travel through memory and dream and ambition with me. I want you to experience the “theater dim” of the interior lights. To open the throttle on the Bose-by-Nissan stereo. To feel the perfect response from the small sedan’s leather-wrapped steering wheel, to catch a slide as the four-wheel-steering kicks in at the most bizarre time during an irresponsible freeway maneuver. To pose Yakuza-style in the baddest sedan on the block, B-pillars swimming barely seen beneath the glass. To feel the 276-horsepower, quad-cam V-8 punch you back into the impeccably tasteful interior.

Then, and only then, if you can dream with me, if you can believe what I believe, then you might be able to look through the stupid Q-names and the dumb-assed rocks-and-trees marketing and the aftermarket Skyline badges and the unfocused-looking Pathfinder rebadge and the Jersey shore types crowding each owner’s meet and just hold this idea in your head:

Infiniti didn’t always suck.

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Capsule Review: 1994 Infiniti G20 and The Nervous Professor

Whenever somebody asked me what I did for a living during the summer of 1994, I would tell them “I sell Infinitis”. That was a lie. My actual job was to lease the Infiniti J30 at $399/month to second-tier suburban wanna-bes and a wide variety of credit criminals. That was what paid for our owner’s impressive coke habit, and that was what earned me as much as three thousand dollars per month.

In the interest of strict factual accuracy, I should point out that we did, nominally, sell two other models. The 1994 Q45 was an overpriced brick with a Park Avenue-style facelift. Over the course of six months, we sold two of them, one to a former salesman who was simply in the habit of driving that particular car as a demo, and one to somebody who owned a 1990 example and was only vaguely horrified at the “updates” performed that year. Looking back, I think he used to snort coke with the dealership’s owner. It would explain a lot.

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  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.