New Accord not selling well
03-17-2018, 07:27 AM
#52
Talk about timely, just received an offer from Toyota to get a $50.00 debit card if I test drive one of their cars. I think I'll give it a go. I also want to check out the Mazda6 when they come out this Spring.
03-17-2018, 11:59 AM
#53
If it doesn't matter to you, please check out the Avalon. The current generation is supposed to be hugely improved. Although, come to think of it I hear the same about the new Camry.
03-19-2018, 08:04 AM
#54
Thread Starter
Ford held a press conference last week with journalists to give them a peak at future products, during which they said in just a few years time they expect 86% of their sales will be trucks of some sort (SUVs, Crossovers, Trucks).
03-19-2018, 05:35 PM
#55
If gas prices start to go up again, Ford might change its mind.
03-19-2018, 06:07 PM
#56
It is interesting that you can make the best declensions of all just at the wrong time or the right time.
03-19-2018, 07:32 PM
#57
Thread Starter
03-19-2018, 07:33 PM
#58
Thread Starter
03-20-2018, 06:36 AM
#59
While oil prices appear to be heading up, I don't think they will go much higher, short of an artificial price increase through regulation. The development of fracking operations resulted in a huge increase in the calculated US oil reserves number. The higher US production kicked off a pricing war with foreign producers. Oil prices fell so much that the US producers shut down many of the fracking operations. I think they can be reopened pretty quickly if prices get any higher and that will just result in another price war. Foreign producers are keeping their production pretty high in order to maintain market share but I think $60 to 70 per barrel is where it has to stay or else other operations will reopen.
U.S. Crude Oil Production - Historical Chart | MacroTrends
And let's not forget that some very large, formerly off-limits areas seem to be on the table for future exploration...
U.S. Crude Oil Production - Historical Chart | MacroTrends
And let's not forget that some very large, formerly off-limits areas seem to be on the table for future exploration...
03-20-2018, 09:50 AM
#60
While oil prices appear to be heading up, I don't think they will go much higher, short of an artificial price increase through regulation. The development of fracking operations resulted in a huge increase in the calculated US oil reserves number. The higher US production kicked off a pricing war with foreign producers. Oil prices fell so much that the US producers shut down many of the fracking operations. I think they can be reopened pretty quickly if prices get any higher and that will just result in another price war. Foreign producers are keeping their production pretty high in order to maintain market share but I think $60 to 70 per barrel is where it has to stay or else other operations will reopen.
U.S. Crude Oil Production - Historical Chart MacroTrends
And let's not forget that some very large, formerly off-limits areas seem to be on the table for future exploration...
U.S. Crude Oil Production - Historical Chart MacroTrends
And let's not forget that some very large, formerly off-limits areas seem to be on the table for future exploration...
Two things to watch, how high the prices go and how fast they get there. If there's a gradual price increase over time it isn't so much of a problem, but a rapid spike in the price of a gallon of gas could cause 2008 all over again.