Reebok Black Pink
According to AAA Alabama, regular gas averaged more than $2.93 a gallon in Birmingham on Thursday, up 18 percent over a year ago.
Sales of SUVs, including those built in Alabama, made a comeback in 2010, but the trend could start sputtering if prices at the pump keep rising. sales next week, with results that are expected to reflect the industry's turnaround year following a deep slump.
SUV sales up but oil prices raise concerns it might not last
"China and India are huge markets that are bouncing back quickly," Clark said. "Crude has been trading around $91 a barrel today (Thursday) and one OPEC oil minister said the world can handle $100 a barrel oil. Demand and speculators are driving up the price of oil."
Through the first 11 months of this year, Honda had sold 91,986 Pilots, up 23 percent from 2009.
Gas prices, however, have been climbing due to rising demand for oil worldwide as the economy improves, said Peter Clark, a University of Alabama chemical engineering professor who follows the energy markets.
compared to the euro, as crude is traded in dollars.
"As far as gas prices really hindering sales, if they do continue to go up, it will take effect later in 2011," Drury said.
Another factor is the weakness of the dollar Saucony Vegan Shoes
Pain at the pump threw SUV sales into crisis in the Saucony Shoes New Arrival
And while drivers have become accustomed to rising gas prices, if the numbers inch toward $4.50 to $5 a gallon, Drury said he would hope for some type of government Reebok Kendrick Lamar Classic Leather Perfect Split
Alabama built SUVs that have shown a resurgence this year include the Reebok Black Pink Honda Pilot.
The demand has helped drive production at the automaker's Lincoln factory. Last week, officials said the plant's Pilot production surpassed production of the Odyssey minivan, also made there, for the first time.
"For December, you get the deal seeking mentality," he said of end of year incentives and other price breaks offered by dealers. Some shoppers also want to reward themselves for a good year, a factor behind the traditional uptick in luxury car sales.
Meanwhile, two SUVs built by Mercedes Benz in Vance also have rebounding sales. Their performance also is due to the return of buyers in the luxury vehicle market.
(The Birmingham News/Joe Songer)
summer of 2008. But the class has been returning along with the rest of the industry.
Reebok Black Pink
Saucony Shadow VeganHome
Burberry Wallet Clip
Reebok Brown Leather Shoes
Burberry Crossbody Black
Reebok For Boys
Burberry Wallet Cost
Burberry Bags Discount Sale
Saucony London Kinvara 6
Reebok Crossfit Lite Tr Custom
Reebok Gum Sole Womens
Saucony Cohesion 9 Womens
Reebok G Unit Sneakers
Burberry Bags Brown Leather
Saucony Kineta Wool
Saucony Jazz Los Angeles
/ Reebok Black Pink