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Thread: GM to shut down Hummer

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    Re: GM to shut down Hummer

    Quote Originally Posted by apdst View Post
    Musta notta been much snow, then.
    So when were y'all in S.La snowed in last? And how many times in 10 years? If a Canadian doesn't need an SUV, how would a Cajun?
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    Re: GM to shut down Hummer

    Quote Originally Posted by Middleground View Post
    I agree with your post, with exception to what I bolded.

    The more oil we burn, the more expensive it's going to get for everyone. I cringe at people who complain about gas prices yet live in the sticks, and drive their big-assed Yukons to and from work, often being the single drive. So what other people decide to drive affects my bottom line.
    They pay for the additional resource through their increased useage of gasoline. Its not as if they are getting away with anything. Gasoline supply is artifically controlled anyway. People's driving of SUVs really don't have that big of an impact on gasoline prices. Its actually the actual miles driven that affect gasoline useage rather than MPG. Someone who commutes 55 miles one way to school in a subaru outback consumes more product than a Hummer driver who commutes 10 miles to work. A gas station doesn't differentiate between a car that gets 30mpg or 20 mpg. It charges the same per gallon pumped.

    Anyway, the price of gas seems more tied to geo-political affairs and economic inflation than SUV useage. Our gas was over $4 a gallon during the housing boom, and now in the recession it has been as low as $2.30 and right now is about $2.75. Its not because people quit driving SUVs all the sudden. There are plenty out there yet.
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    Re: GM to shut down Hummer

    Quote Originally Posted by Reverend_Hellh0und View Post
    Right,



    driving a two wheel drive around in 6 inche of snow, is not the safest thing to do....
    So don't drive on the what? 4 days a year the snow is so deep the ploughs and gritters can't get through.

    You complain at $4 a gallon? That's 40% cheaper than standard EU prices. That has nothing to do with the relative price of the commodity and everything to do with the untouchable status of fuel tax in the US and Canada. If the government is too timid to tax gas to encourage people to buy more fuel-efficient cars ( I'm talking 40-50 MPG, not 25-30) then there's no hope that the US and Canada will bring down their CO2, greenhouse emissions.
    Last edited by Andalublue; 02-25-10 at 08:14 PM.
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    Re: GM to shut down Hummer

    Quote Originally Posted by Arch Enemy View Post
    Can't believe it took them this long to shut it down.
    That's what happens when the government owns GM.

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    Re: GM to shut down Hummer

    Quote Originally Posted by Scarecrow Akhbar View Post
    That's what happens when the government owns GM.
    Well they were trying to sell it.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM to shut down Hummer

    Quote Originally Posted by WI Crippler View Post
    They pay for the additional resource through their increased useage of gasoline. Its not as if they are getting away with anything. Gasoline supply is artifically controlled anyway. People's driving of SUVs really don't have that big of an impact on gasoline prices. Its actually the actual miles driven that affect gasoline useage rather than MPG. Someone who commutes 55 miles one way to school in a subaru outback consumes more product than a Hummer driver who commutes 10 miles to work. A gas station doesn't differentiate between a car that gets 30mpg or 20 mpg. It charges the same per gallon pumped.

    Anyway, the price of gas seems more tied to geo-political affairs and economic inflation than SUV useage. Our gas was over $4 a gallon during the housing boom, and now in the recession it has been as low as $2.30 and right now is about $2.75. Its not because people quit driving SUVs all the sudden. There are plenty out there yet.
    Unlike yourself, I believe that supply and demand plays a bigger role than you think. Much bigger. Sure, there is artifical pricing, but it's minute from what I know. Oil is a finite resource, and our world usage is growing all of the time. There's a good possibility that we have reached peak oil by now, and what we were paying a few years back will see like chump change in the near future.

    The issue is not one of "running out" so much as it is not having enough to keep our economy running. In this regard, the ramifications of Peak Oil for our civilization are similar to the ramifications of dehydration for the human body. The human body is 70 percent water. The body of a 200 pound man thus holds 140 pounds of water. Because water is so crucial to everything the human body does, the man doesn't need to lose all 140 pounds of water weight before collapsing due to dehydration. A loss of as little as 10-15 pounds of water may be enough to kill him.

    In a similar sense, an oil based economy such as ours doesn't need to deplete its entire reserve of oil before it begins to collapse. A shortfall between demand and supply as little as 10 to 15 percent is enough to wholly shatter an oil-dependent economy and reduce its citizenry to poverty.

    The effects of even a small drop in production can be devastating. Source For instance, during the 1970s oil shocks, shortfalls in production as small as 5% caused the price of oil to nearly quadruple. Source The same thing happened in California a few years ago with natural gas: a production drop of less than 5% caused prices to skyrocket by 400%.

    Fortunately, those price shocks were only temporary.

    The coming oil shocks won't be so short lived. They represent the onset of "a new, permanent condition". Source Once the decline gets under way, production will drop (conservatively) by 3% per year, every year. War, terrorism, extreme weather and other "above ground" geopolitical factors will likely push the effective decline rate past 10% per year, thus cutting the total supply by 50% in 7 years. Source

    These estimate comes from numerous sources, not the least of which is Vice President Dick Cheney himself. In a 1999 speech he gave while still CEO of Halliburton, Cheney stated:

    By some estimates, there will be an average of two-percent annual growth
    in global oil demand over the years ahead, along with, conservatively, a
    three-percent natural decline in production from existing reserves. That
    means by 2010 we'll need an additional 50 million barrels per day. Source
    Peak Oil, Matt Savinar, Life After the Oil Crash
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    Re: GM to shut down Hummer

    Quote Originally Posted by WI Crippler View Post
    They pay for the additional resource through their increased useage of gasoline. Its not as if they are getting away with anything. Gasoline supply is artifically controlled anyway. People's driving of SUVs really don't have that big of an impact on gasoline prices. Its actually the actual miles driven that affect gasoline useage rather than MPG. Someone who commutes 55 miles one way to school in a subaru outback consumes more product than a Hummer driver who commutes 10 miles to work. A gas station doesn't differentiate between a car that gets 30mpg or 20 mpg. It charges the same per gallon pumped.

    Anyway, the price of gas seems more tied to geo-political affairs and economic inflation than SUV useage. Our gas was over $4 a gallon during the housing boom, and now in the recession it has been as low as $2.30 and right now is about $2.75. Its not because people quit driving SUVs all the sudden. There are plenty out there yet.
    To my suprise US oil demand has dropped by around 500 000 bpd during this recession. I think a lot of Americans have reduced their driving

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    Re: GM to shut down Hummer

    Quote Originally Posted by Scarecrow Akhbar View Post
    That's what happens when the government owns GM.
    GM was looking to sell Hummer before the government bailout

    It was a failing brand which was no llonger selling well

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    Re: GM to shut down Hummer

    Quote Originally Posted by Lord Tammerlain View Post
    GM was looking to sell Hummer before the government bailout

    It was a failing brand which was no llonger selling well
    Who the hell wants to buy a loser company from a loser company?
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    Re: GM to shut down Hummer

    Quote Originally Posted by American View Post
    Who the hell wants to buy a loser company from a loser company?
    A chinese company was thinking about it untill the Chinese gove shut the idea down

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