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  • December 27, 2010 at 3:05 PM #18325
    admin
    Keymaster

    Will alternative fuel vehicles come fast enough to save the exurbs?

    Will rural and exurban folks trade in their huge trucks for small electric and hybrid cars?

    Gas is well over $3/gallon this winter. I can only see high gas prices in the summer of 2011.

    NEW YORK (CNNMoney.com) — The former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012.

    In an interview with Platt’s Energy Week television, Hofmeister predicted gasoline prices will spike as the global demand for oil increases.

    “I’m predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices,” he said.

    http://money.cnn.com/2010/12/27/markets/oil_commodities/index.htm

    December 27, 2010 at 4:31 PM #644947
    blahblahblah
    Participant

    High gas prices ain’t gonna kill nothing here in the good old USA. People will pay $6 a gallon to drive their ultimate behemoth SUVs 50 miles every day to and from work. They will just switch to even lower quality food to make up the difference, they will quit their gym memberships, stop saving money for college, end their 401K contributions, etc…

    But they won’t cancel their cable TV. It will get interesting when there is nothing left to cut from the budget, their diet is 100% generic corn chips, bulk string cheese and cola from Costco. What will they do then? Drive less or get rid of the cable? I predict they will just start siphoning their neighbor’s gas to avoid making the choice.

    December 27, 2010 at 4:31 PM #645019
    blahblahblah
    Participant

    High gas prices ain’t gonna kill nothing here in the good old USA. People will pay $6 a gallon to drive their ultimate behemoth SUVs 50 miles every day to and from work. They will just switch to even lower quality food to make up the difference, they will quit their gym memberships, stop saving money for college, end their 401K contributions, etc…

    But they won’t cancel their cable TV. It will get interesting when there is nothing left to cut from the budget, their diet is 100% generic corn chips, bulk string cheese and cola from Costco. What will they do then? Drive less or get rid of the cable? I predict they will just start siphoning their neighbor’s gas to avoid making the choice.

    December 27, 2010 at 4:31 PM #645599
    blahblahblah
    Participant

    High gas prices ain’t gonna kill nothing here in the good old USA. People will pay $6 a gallon to drive their ultimate behemoth SUVs 50 miles every day to and from work. They will just switch to even lower quality food to make up the difference, they will quit their gym memberships, stop saving money for college, end their 401K contributions, etc…

    But they won’t cancel their cable TV. It will get interesting when there is nothing left to cut from the budget, their diet is 100% generic corn chips, bulk string cheese and cola from Costco. What will they do then? Drive less or get rid of the cable? I predict they will just start siphoning their neighbor’s gas to avoid making the choice.

    December 27, 2010 at 4:31 PM #645736
    blahblahblah
    Participant

    High gas prices ain’t gonna kill nothing here in the good old USA. People will pay $6 a gallon to drive their ultimate behemoth SUVs 50 miles every day to and from work. They will just switch to even lower quality food to make up the difference, they will quit their gym memberships, stop saving money for college, end their 401K contributions, etc…

    But they won’t cancel their cable TV. It will get interesting when there is nothing left to cut from the budget, their diet is 100% generic corn chips, bulk string cheese and cola from Costco. What will they do then? Drive less or get rid of the cable? I predict they will just start siphoning their neighbor’s gas to avoid making the choice.

    December 27, 2010 at 4:31 PM #646061
    blahblahblah
    Participant

    High gas prices ain’t gonna kill nothing here in the good old USA. People will pay $6 a gallon to drive their ultimate behemoth SUVs 50 miles every day to and from work. They will just switch to even lower quality food to make up the difference, they will quit their gym memberships, stop saving money for college, end their 401K contributions, etc…

    But they won’t cancel their cable TV. It will get interesting when there is nothing left to cut from the budget, their diet is 100% generic corn chips, bulk string cheese and cola from Costco. What will they do then? Drive less or get rid of the cable? I predict they will just start siphoning their neighbor’s gas to avoid making the choice.

    December 27, 2010 at 4:40 PM #644957
    DataAgent
    Participant

    Sounds like a good time to buy oil stocks.

    December 27, 2010 at 4:40 PM #645029
    DataAgent
    Participant

    Sounds like a good time to buy oil stocks.

    December 27, 2010 at 4:40 PM #645609
    DataAgent
    Participant

    Sounds like a good time to buy oil stocks.

    December 27, 2010 at 4:40 PM #645746
    DataAgent
    Participant

    Sounds like a good time to buy oil stocks.

    December 27, 2010 at 4:40 PM #646071
    DataAgent
    Participant

    Sounds like a good time to buy oil stocks.

    December 27, 2010 at 5:45 PM #644967
    scaredyclassic
    Participant

    Or maybe start a siphoning hose infomercial business. Call it your own amazing portable oil well

    December 27, 2010 at 5:45 PM #645039
    scaredyclassic
    Participant

    Or maybe start a siphoning hose infomercial business. Call it your own amazing portable oil well

    December 27, 2010 at 5:45 PM #645618
    scaredyclassic
    Participant

    Or maybe start a siphoning hose infomercial business. Call it your own amazing portable oil well

    December 27, 2010 at 5:45 PM #645757
    scaredyclassic
    Participant

    Or maybe start a siphoning hose infomercial business. Call it your own amazing portable oil well

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