Thursday, June 30, 2011

Consumer Reports Pushing 62 MPG

One of the reasons I dropped my personal Consumer Reports subscription is that they have become consistently liberal in their outlook, taking the sides of intrusive regulation by the government.Today CR issues a statement supporting a high (62 MPG) fuel economy.  One of their arguments is that vehicles can be reduced in mass without necessarily becoming less safe.  For small differences in mass, this is probably true.  Importantly,...

Monday, June 27, 2011

Buick Wagon Lust

I can't remember the last time I felt open, unguarded lust about a Buick.  But now GM comes out with a Buick turbo wagon, as if breathing the ghost of Saab back into Buick.  Please tell us, GM, that this lovely piece of rolling practical sculpture will come with manual transmission. Autoblog has photos....

Friday, June 24, 2011

Obama Leaks Some Oil

Obama's energy department yesterday announced it would release 30 million barrels of oil from the Strategic Petroleum Reserve, which holds a total of about 726 million barrels, or about 160 days supply at the maximum withdraw rate of 4.4 million barrels/day.  For reference, U.S. consumption is currently about 20 million barrels/day total, of which about 10 million barrels/day is imported.   So Obama just spent $12.5 billion (at market prices)...

Wednesday, June 22, 2011

Senate Votes To End Ethanol Tariff

About damn time.  The ethanol tariff and subsidy were essentially welfare for corn farmers, and perversely, most of the subsidy goes to agricultural giants like Archer Daniels Midland.   Link To Story...

Wednesday, June 15, 2011

Natural Gas to Ethanol

Now here is a form of ethanol production I have no problem with.  Dallas TX based Celanese says it has a process to make ethanol relatively cheaply from natural gas.   However, because the ethanol is produced from a fossil fuel, it doesn't qualify as a renewable fuel, and therefore can't be used to satisfy the renewable fuel mandates that are driving corn based ethanol.  So unless the law is changed, corn ethanol will continue to drive...

Tuesday, June 14, 2011

Romney And Ethanol

Mitt Romney, pandering to Iowans, has come out in support of ethanol subsidies.  I'm going to have a hard time supporting the guy in the primary. Ethanol subsidies, like other agricultural price supports, are reverse-robin-hood: they take from the poor (us) and give to the mostly rich (large farms and Big Ag).  Here's an idea: how about we let ethanol follow market forces.  If no one wants the stuff, there will be less produced, and...

Tuesday, June 7, 2011

GM CEO: Raise The Gas Tax

GM's CEO, Dan "plain speaker" Akerson said in an interview with Detroit News: "There ought to be a discussion on the cost versus the benefits," he said. "What we are going to do is tax production here, and that will cost us jobs." For the years 2017-25, federal officials are considering 3 percent to 6 percent annual fuel efficiency increases, or 47 mpg to 62 mpg. That could boost the cost of vehicles by up to  3,500. "You know what...

Monday, June 6, 2011

GM's Akerson Eulogizes LIncoln

In an uncharacteristically (for GM) blunt statement, GM's CEO said "They are trying like hell to resurrect Lincoln. Well, I might as well tell you, you might as well sprinkle holy water. It's over," he said about Cadillac's historical competitor." He's right, of course, that Lincoln is struggling.  But, he shouldn't be too proud of Cadillac--at 11,600 sales in May of this year, Cadillac is still well behind BMW (20,600) and Mercedes (20,300),...

Friday, June 3, 2011

Mazda Manufacturing To Leave US?

According to The Detroit News, an unnamed source is saying that Mazda plans to leave the AAI plant in Flat Rock, MI, which would make Mazda a true import brand once again, with models coming from Japan and Mexico. I understand that Mazda has a business to run, and that the Mazda6 (a good car) is not a great seller, but I am a little disappointed.  I once owned one of AAI's previous products, the Mazda 626, which was a good handling...

Wednesday, June 1, 2011

The Dangerous Old Days

Wow. Racing has become a LOT safer than it used to be.Killed Myself When I Was Young from The Jalopy Journal on Vim...
 

The Auto Prophet Copyright © 2012 Fast Loading -- Powered by Blogger