The Oil Drum | Monday Open Thread: The GasBuddy Price Map Edition

110 comments on Monday Open Thread: The GasBuddy Price Map Edition

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Leanan on April 24, 2006 - 11:22am

From Australia:

Fuel prices hit new vehicle sales

Australians held off making new vehicle purchases in March as the onward march in fuel prices kept consumers away from car yards.
Australian new motor vehicle sales fell two per cent in seasonally adjusted terms to 79,634 units in March, from a downwardly revised 81,249 units in February, the Australian Bureau of Statistics said.
This was below economists' expectations of a 0.6 rise in new motor vehicle sales.
Commonwealth Bank senior economist John Peters said heavy fuel prices were continuing to weigh on car sales.
"It appears that the annual total of new car sales will stay just under the one million mark until there is some signs of lower petrol prices or lower new car prices," Mr Peters said.

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odograph on April 24, 2006 - 11:26am

Mobjectovist reports:

Bike sales outpaced car sales for the first time ever in Australia. It happened in the USA as well last year, as not since the oil crisis of 1973 have they sold in such big numbers. We just might catch up to the rest of the world at some point, unless China decides to go the reverse route.

http://mobjectivist.blogspot.com/

the direct link to that article should work, but Blogger claims some kind of error:

http://mobjectivist.blogspot.com/2006/04/earth-daze.html

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PaulS on April 24, 2006 - 12:07pm

China has long since decided to go the reverse route. For a ton of articles, type this into Google, Yahoo, or whatever:

ban bikes bund

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