article thumbnail

Junkyard Find: 1992 Geo Metro 4-door hatchback

The Truth About Cars

Gas was cheap during the late 1980s and early 1990s, other than a spike after Iraq invaded Kuwait , but some car buyers still wanted good fuel economy. My guess is that the reels turned over once, for a total of 162,150.9 Gets 100 kilometers per 4.5 liters of gasoline on the Canadian highway.

Suzuki 105
article thumbnail

The Real Reason for USA based Economic Recessions.

DIY Electric Car

It took the Iraqi invasion of Kuwait and the oil price rising from $21/barrel in August 1990 to $46/barrel by the middle of October. This is also referred to as the ?tightening? The fearless Federal Reserve inflation fighters where raising interest rates from 1986 to 1989 with little effect on economic activity. t stop the economy.

USA 180