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Posts Tagged ‘ SUV ’

Global Peak Oil and the Death of the SUV

Jun 4th, 2008 | By Marc | Category: Featured, Financial News

Does global peak oil sound the death knell of the SUV?

Today’s news that auto giant GM is shutting down four pickup truck and SUV factories thanks to spiraling gas prices will likely be seen as such by many global peak oil theory advocates.

Bill Bonner goes into further detail on the relationship between oil prices and a strange phenomenon gripping the US… Americans are driving less.

Tags: auto industry, General Motors, Global Peak Oil, Gm, Oil Prices, Peak Oil Theory, SUV
Posted in Featured, Financial News | 2791Comments2008-06-04+15%3A30%3A17Marc

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