Ford’s 2009 Fiesta ECOnetic goes on sale in European Markets in November, but it will be unavailable in the States. Ford’s reasoning is that Americans will not drive diesel-fueled vehicles because of both high fuel prices (taxes,) and stereotypes (diesel is for tractor-trailers and farmers,) not too mention American’s recent fascination with hybrid vehicles.
Here is the full story via Business Week.
A study conducted by Michael Sivak of the University of Michigan Transportation Research Institute concluded that traffic fatalities had a strongly inverse relationship to gas prices during the past year.
Should the March and April 2008 trends continue, the 2008 annual fatalities would drop under 40,000 for the first time in 1961.
Addendum: See my other two post about benefits of high gas prices here and here.
That is a great line. It is from this story by Aaron Hotfelder about (the lack of?) queuing theory. It is an interesting quick read. I think I would prefer the crowding method over the queuing method except for in situations where motor vehicles are concerned.
Here is the full story courtesy of the NY Times.
See the video here and sign the petition here.
I can’t stress it enough. The real losers in the housing bailout are responsible Americans who continue to save and not overextend themselves financially. Anybody whose mortgage is saved via taxpayer intervention should be forced to forfeit any gains from the future sale of their property.
From the WSJ via the Skeptical CPA – “… countries like Zimbabwe that are ravaged by hyperinflation and need to issue new notes so often. … A loaf of bread costs 30 billion Zimbabwean dollars…”