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40 years after OPEC oil embargo and the problem hasnt been solved yet
2013-10-27 05:16:08| AutomotiveDigest.com - Automotive Industry News
The 40th anniversary of the oil embargo by the Organization of the Petroleum Exporting Countries (OPEC) took place this month. That six month embargo that cut the supply of oil to the US and skyrocketed gasoline prices. The second gasoline crisis in 1979, again drove up pump prices and forced drivers to wait in long lines to fill their tanks. Heres a look at the impact of the oil embargoes in the 1970s until now on fuel prices, legislations, fuel-efficient vehicles, and other issue that have carried on.The Article 40 years after OPEC oil embargo and the problem hasnt been solved yet appeared first on Automotive Digest.
40 Years After OPEC Oil Embargo Has the Problem Been Solved?
2013-10-21 20:33:14| AutomotiveDigest.com - Automotive Industry News
October 17, 2013, saw the 40th anniversary of the OPEC oil embargo. The days of 25 cents per gallon gasoline were over and the coming years would see desperate attempts to solve the problem. The second gasoline crisis in 1979 again drove up pump prices and forced drivers to wait in long lines to fill their tanks. For Keith Crain, editor-in-chief of Automotive News, it was the end of innocence when automakers had been competing to provide the biggest and best cars to drivers and mileage didnt really matter at all. In the years that followed, import cars stated being taken seriously in the Detroit 3-dominated US market. Japanese small cars provided the fuel economy. Weve seen the disruptive force of skyrocketing gasoline prices on our economy in 2008 and after. Read more about the political and economic issues impacting the future of oil prices and fuel efficient and alternative fuel vehicles.The Article 40 Years After OPEC Oil Embargo Has the Problem Been Solved? appeared first on Automotive Digest.
Remarketing Roundup: What Dan Galves, Art Spinella, and Ricky Beggs Have Been Witnessing
2013-10-03 21:42:20| AutomotiveDigest.com - Automotive Industry News
Galves Auto Price List Editor Dan Galves says he saw was the most abrupt marketplace shift he can recall ever seeing. Its appearing to impact all segments, though 2011 and later model vehicles are getting hit hard. It looks to be disproportionately affected by the current climate of aggressive leasing programs and manufacturer incentives. Galves is seeing two distinct segments taking the hit the hardest, and one brand in particular. On the retail used car sales side, Art Spinella and the CNW Research team saw something different, especially for franchised dealers and private party (casual) sales. It was a tougher month for independent dealers in September. Ricky Beggs and the Black Book team noticed an anomaly out in the market while gasoline prices were down for the third straight week, the typical drop in pricing for fuel efficient vehicles werent hurt by it. Check out the latest on what segments have been seeing the most action in recent weeks from the Galves, CNW, and Black Book reports. The Article Remarketing Roundup: What Dan Galves, Art Spinella, and Ricky Beggs Have Been Witnessing appeared first on Automotive Digest.
PRESS RELEASE: CBRE|Hotels and DJM Realty Announce Famous Virginia Beach Hotel Has Been Sold
2013-07-30 16:59:00| National Real Estate Investor
Deb Thaxton CBRE|Hotels & DJM Realty a GBG Company are pleased to announce the sale of The Cavalier Hotel at 4201 Atlantic Ave. in Virginia Beach, Va. to Bruce L. Thompsons Cavalier Associates, LLC for $35.7M. The historic hotel that boasts how it made Virginia Beach famous has hosted presidents and other celebrities since it opened its doors in 1927. read more
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26 buildings at Duke University have been LEED-certified
2013-03-19 22:34:00| American School & University
Durham, N.C., institution adds two more facilities to its list of sustainably designed spaces.Schoolhouse Beat read more
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