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YOU SHOULD BE READING….s

One report out of CNNMoney.com suggests the price of oil is still subjected to booms and busts, just like housing. Will $125/barrel oil ever go away? Follow the link to read the theory.

Batteries are leaking and General Motors is ticked off. Production of hybrids has to be slowed and curtailed. Edmunds.com has the story.
Chrysler is as efficient as Toyota when it comes to building cars? Yeah… right. Indeed, it is correct. Autoblog has the facts you want.
Do you ignore the talking heads every time they come on TV and talk about brand new cars, fuel efficient cars; that is, that achieve tremendous economy? It’s not as though they have a clue what they’re discussing. Well, ignore the frightening pricetags of today’s techno-hybrid gadgets and get yourself a used fuel sipper. CNN.com/Autos is where it’s at.
Why isn’t the trend towards smaller cars helping all the European manufacturers competing in North America? Businessweek.com looks into it.
Daily Tracker
Oil Crisis Monitor
Updated: Oct 21, 2026 — 4:45 AM MT
Strait of Hormuz
234
Days
Day 234 — Shabwa toll rises to 73 (governor); tanker hit off Oman, crew safe. The strait remains closed.
Day 234: Shabwa's governor raises the camp-strike toll to 73 killed; UKMTO reports a tanker struck and set on fire off Oman.
Brent Crude
+48.7% since closure
$108.79
/bbl
Today: −$0.76 (−0.7%)
U.S. Gas Avg
+42.1% since closure
$4.26
/gal
Today: −$0.01
WTI Crude
+41.8% since closure
$97.82
/bbl
Today: −$0.72 (−0.7%)
Next
EIA Weekly Petroleum Status Report (10:30 a.m. ET)
Today
Oct 21
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
203
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
View Full Tracker →
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