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Old 01-06-2015, 01:03 PM   #1
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Focus Plant Closure Not Due to Obama Visit

"But the Wayne factory that employs about 5,100 and makes the Focus gas-powered car and C-Max hybrid gasoline-electric car is shuttered this week because of falling demand caused in part by plummeting fuel prices. "

http://www.detroitnews.com/story/bus...ford/21292663/


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Old 01-06-2015, 01:41 PM   #2
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Not everyone is happy about low gas prices I see.
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Old 01-06-2015, 01:45 PM   #3
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Originally Posted by ItsMcCoy View Post
Not everyone is happy about low gas prices I see.
If you think that's bad you should see the Russian and Alaskan budgets.
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Old 01-06-2015, 01:52 PM   #4
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If you think that's bad you should see the Russian and Alaskan budgets.
Ha ha, and Venezuelan, and Saudi Arabian, and Iranian......
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Old 01-06-2015, 01:53 PM   #5
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Question. What is the reason for people not to buy a small car if the gas price are low ? I mean, they will go up eventually, and if you buy small now, you save money, no ?
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Old 01-06-2015, 01:55 PM   #6
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Originally Posted by kam327 View Post
Ha ha, and Venezuelan, and Saudi Arabian, and Iranian......
Well, Saudi Arabia is a big reason that it is low. OPEC chose not to cut production: link.
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Old 01-06-2015, 02:00 PM   #7
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Originally Posted by Squad-G View Post
Question. What is the reason for people not to buy a small car if the gas price are low ? I mean, they will go up eventually, and if you buy small now, you save money, no ?
I have seen this cycle many times. Gas prices erode and everybody runs out and buys a sport-ute or large car. Supply issues surface, gas prices rise, everybody trades in on an economy car.

The one enduring fact is that dino oil is a finite resource.
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Old 01-06-2015, 02:05 PM   #8
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Originally Posted by wavsine View Post
The one enduring fact is that dino oil is a finite resource.
And yet they keep finding more and more of it....

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Originally Posted by Tabor View Post
Well, Saudi Arabia is a big reason that it is low. OPEC chose not to cut production: link.
Yes. Or did the U.S. conspire with Saudi Arabia to crater the Russian and Iranian economies....

Quote:
Originally Posted by Squad-G View Post
Question. What is the reason for people not to buy a small car if the gas price are low ? I mean, they will go up eventually, and if you buy small now, you save money, no ?
Most folks don't look that far ahead in life....
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Old 01-06-2015, 02:07 PM   #9
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Originally Posted by wavsine View Post
I have seen this cycle many times. Gas prices erode and everybody runs out and buys a sport-ute or large car. Supply issues surface, gas prices rise, everybody trades in on an economy car.

The one enduring fact is that dino oil is a finite resource.
Exactly! Ironically low prices will cause us to exhaust the supply sooner which is bad for everyone in the long run.
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Old 01-06-2015, 06:02 PM   #10
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Exactly! Ironically low prices will cause us to exhaust the supply sooner which is bad for everyone in the long run.
Great, so we could all trade-in our Ford for a Tesla
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