General Motors suspends Volt production

[Bro. Curtis]

1300 people to be layed off.

....The Volt was rolled out with great fanfare in late 2010 but has since hit bumps in the road. Sales have fallen short of expectations, and its reputation was bruised by an investigation into a possible fire risk....

http://www.clickondetroit.com/news/...olt-production/-/1719418/9513536/-/o549e4z/-/

 

[Bobby Hamilton]

1300 people to be layed off.

....The Volt was rolled out with great fanfare in late 2010 but has since hit bumps in the road. Sales have fallen short of expectations, and its reputation was bruised by an investigation into a possible fire risk....

http://www.clickondetroit.com/news/...olt-production/-/1719418/9513536/-/o549e4z/-/

IMO, the Volt never should've been made as the company shouldn't exist today.

But whatever. I have no desire to drive an electric, overcost, underpowered car.

I mean, who really does?


Gas is our future. At least the foreseeable future. Is there a problem with looking into alternative energy? No...but they've already made strides to get better gas mileage, and there is more of that out there.

I feel bad for all the people who were laid off though.

 

[J.D.]

It's about time they stopped wasting our taxes on something who's time has not come and for which there is neither current demand nor economically forseeable future demand.

 

[J.D.]

IMO, the Volt never should've been made as the company shouldn't exist today.

But whatever. I have no desire to drive an electric, overcost, underpowered car.

I mean, who really does?


Gas is our future. At least the foreseeable future. Is there a problem with looking into alternative energy? No...but they've already made strides to get better gas mileage, and there is more of that out there.

I feel bad for all the people who were laid off though.

We must be joined at the brain-hip. See my post - we were typing at the same time.

 

[Bobby Hamilton]

We must be joined at the brain-hip. See my post - we were typing at the same time.

Ha, it's possible, I've just got 3200 posts to make up


I wasn't a fan of the bailout. I'm not a huge fan of handouts (depends on the situation).

There is no such thing as a company that is too big to fail. If your business model stinks and you go under, well, that's business. If you can get a loan to stay afloat, super...but that shouldn't come at the tax payers expense.

 

[revmwc]

President Obama must really be disappointed because HE ordered it built when the GOVT't took over and he placed his man in charge.

The President and GM just didn't get it. Looks like GM has, we the people don't want elctric vehicles and we the people don't want to give up our vehicles.

The President needs to approve that pipeline from Canada so we can continue to important the most barrels of oil from our neighbor to the North Cananda. Currently they supply us with the most barrels per day that pipe line would really help us to be less dependent upon the middle east for oil.

 

[Bobby Hamilton]

President Obama must really be disappointed because HE ordered it built when the GOVT't took over and he placed his man in charge.

The President and GM just didn't get it. Looks like GM has, we the people don't want elctric vehicles and we the people don't want to give up our vehicles.

The President needs to approve that pipeline from Canada so we can continue to important the most barrels of oil from our neighbor to the North Cananda. Currently they supply us with the most barrels per day that pipe line would really help us to be less dependent upon the middle east for oil.

The President will approve that pipeline when the votes matter. I'd be shocked if we don't get that in the next 12 months.

 

[J.D.]

Ha, it's possible, I've just got 3200 posts to make up


I wasn't a fan of the bailout. I'm not a huge fan of handouts (depends on the situation).

There is no such thing as a company that is too big to fail. If your business model stinks and you go under, well, that's business. If you can get a loan to stay afloat, super...but that shouldn't come at the tax payers expense.

You're defininately on the right track. Make a daily visit to one or more of these web sites to stay on the right path. (stay with it - it took them about 10 years to win me over).

http://www.lewrockwell.com/

http://www.constitutionparty.com/

http://www.thenewamerican.com/

http://www.ronpaul.com/

 

[revmwc]

September 2011 Import Highlights: Released November 29, 2011
Monthly data on the origins of crude oil imports in September 2011 has been released and it shows that three countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 69 percent of United States crude oil imports in September while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for September were Canada (2,324 thousand barrels per day), Saudi Arabia (1,465 thousand barrels per day), Mexico (1,099 thousand barrels per day), Venezuela (759 thousand barrels per day) and Nigeria (529 thousand barrels per day). The rest of the top ten sources, in order, were Colombia (510 thousand barrels per day), Iraq (403 thousand barrels per day), Ecuador (299 thousand barrels per day), Angola (283 thousand barrels per day) and Russia (275 thousand barrels per day). Total crude oil imports averaged 9,006 thousand barrels per day in September, which is a decrease of (16) thousand barrels per day from August 2011.

Canada remained the largest exporter of total petroleum in September, exporting 2,829 thousand barrels per day to the United States, which is an increase from last month (2,637 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1,479 thousand barrels per day.

Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country Sep-11 Aug-11 YTD 2011 Sep-10 YTD 2010


CANADA 2,324 2,240 2,157 1,937 1,971
SAUDI ARABIA 1,465 1,075 1,180 1,082 1,072
MEXICO 1,099 1,150 1,113 1,108 1,132
VENEZUELA 759 806 893 919 928
NIGERIA 529 854 826 1,107 1,018
COLOMBIA 510 365 364 308 328
IRAQ 403 637 473 422 464
ECUADOR 299 303 203 229 215
ANGOLA 283 311 323 404 413
RUSSIA 275 252 246 286 295
BRAZIL 163 213 225 177 270
KUWAIT 145 165 164 172 204
ALGERIA 139 140 204 366 337
CHAD 74 32 54 30 14
OMAN 72 52 39 0 0

Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Sep-11 Aug-11 YTD 2011 Sep-10 YTD 2010

--------------------------------------------------------------------------------

CANADA 2,829 2,637 2,670 2,479 2,537
SAUDI ARABIA 1,479 1,075 1,187 1,093 1,086
MEXICO 1,192 1,185 1,218 1,254 1,260
VENEZUELA 806 906 979 1,008 1,007
RUSSIA 592 585 609 648 624
NIGERIA 580 892 876 1,174 1,053
COLOMBIA 529 395 395 363 360
IRAQ 404 637 473 422 464
ECUADOR 305 309 205 229 217
ANGOLA 304 331 335 417 422
ALGERIA 291 298 396 543 512
VIRGIN ISLANDS 189 185 189 302 261
BRAZIL 188 228 240 181 289
ARUBA 149 81 79 0 0
KUWAIT 145 165 165 172 206


The more we get from Canada and Mexico the better we are not supporting the middle easterners like the 2nd highest importer Saudi Arabia.
Mexico 3, Venzuela 4, Nigeria 5 and Columbia 6. Iraq at number 7 then number 12 Kuwait. These have been this way for over 10 several years now.