Home › Forums › Financial Markets/Economics › $7 gasoline in the near future???
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July 3, 2008 at 10:22 PM #233020July 3, 2008 at 11:10 PM #232871bsrsharmaParticipant
wishing for $150/barrel oil, and cheering a stock market crash
I don’t think anybody wishes for them ( not that it matters). Most are trying to discern some silver lines in the dark clouds.
The high price of oil is good as a fire drill to prepare us for the inevitable exhaustion of fossil fuels.
Secondly, it is catalyzing the deleveraging of the debt bubble. The debt levels were getting unsustainable and needed a nucleating event to trigger the unraveling.
There will be enormous pain due to restructuring of the economy. But this is still better than what people suffer during revolutionary changes like Soviet meltdown or WW2.
July 3, 2008 at 11:10 PM #232995bsrsharmaParticipantwishing for $150/barrel oil, and cheering a stock market crash
I don’t think anybody wishes for them ( not that it matters). Most are trying to discern some silver lines in the dark clouds.
The high price of oil is good as a fire drill to prepare us for the inevitable exhaustion of fossil fuels.
Secondly, it is catalyzing the deleveraging of the debt bubble. The debt levels were getting unsustainable and needed a nucleating event to trigger the unraveling.
There will be enormous pain due to restructuring of the economy. But this is still better than what people suffer during revolutionary changes like Soviet meltdown or WW2.
July 3, 2008 at 11:10 PM #233004bsrsharmaParticipantwishing for $150/barrel oil, and cheering a stock market crash
I don’t think anybody wishes for them ( not that it matters). Most are trying to discern some silver lines in the dark clouds.
The high price of oil is good as a fire drill to prepare us for the inevitable exhaustion of fossil fuels.
Secondly, it is catalyzing the deleveraging of the debt bubble. The debt levels were getting unsustainable and needed a nucleating event to trigger the unraveling.
There will be enormous pain due to restructuring of the economy. But this is still better than what people suffer during revolutionary changes like Soviet meltdown or WW2.
July 3, 2008 at 11:10 PM #233045bsrsharmaParticipantwishing for $150/barrel oil, and cheering a stock market crash
I don’t think anybody wishes for them ( not that it matters). Most are trying to discern some silver lines in the dark clouds.
The high price of oil is good as a fire drill to prepare us for the inevitable exhaustion of fossil fuels.
Secondly, it is catalyzing the deleveraging of the debt bubble. The debt levels were getting unsustainable and needed a nucleating event to trigger the unraveling.
There will be enormous pain due to restructuring of the economy. But this is still better than what people suffer during revolutionary changes like Soviet meltdown or WW2.
July 3, 2008 at 11:10 PM #233053bsrsharmaParticipantwishing for $150/barrel oil, and cheering a stock market crash
I don’t think anybody wishes for them ( not that it matters). Most are trying to discern some silver lines in the dark clouds.
The high price of oil is good as a fire drill to prepare us for the inevitable exhaustion of fossil fuels.
Secondly, it is catalyzing the deleveraging of the debt bubble. The debt levels were getting unsustainable and needed a nucleating event to trigger the unraveling.
There will be enormous pain due to restructuring of the economy. But this is still better than what people suffer during revolutionary changes like Soviet meltdown or WW2.
July 3, 2008 at 11:28 PM #232876AecetiaParticipantFlu has it right. Trickle down economics will affect everyone, eventually, except maybe the super rich who are very well insulated from this kind of market down turn.
July 3, 2008 at 11:28 PM #233001AecetiaParticipantFlu has it right. Trickle down economics will affect everyone, eventually, except maybe the super rich who are very well insulated from this kind of market down turn.
July 3, 2008 at 11:28 PM #233011AecetiaParticipantFlu has it right. Trickle down economics will affect everyone, eventually, except maybe the super rich who are very well insulated from this kind of market down turn.
July 3, 2008 at 11:28 PM #233050AecetiaParticipantFlu has it right. Trickle down economics will affect everyone, eventually, except maybe the super rich who are very well insulated from this kind of market down turn.
July 3, 2008 at 11:28 PM #233061AecetiaParticipantFlu has it right. Trickle down economics will affect everyone, eventually, except maybe the super rich who are very well insulated from this kind of market down turn.
July 3, 2008 at 11:51 PM #232891anParticipant[quote=bonfire]Wow! Look at this! Shiny! And it gets 232 MPG. I might wait to get one until after all the Hummers and suv’s are scrapped, but it is pretty.
http://blog.wired.com/cars/2008/07/laugh-at-high-g.html%5B/quote%5D
From reading the headline, you’d think they came up with some revolutionary invention. They just take what we know about getter better MPG and take it to the next step. We all know lighter cars will need less power to move it. We also know aerodynamic will make a big difference in how much power is needed to keep the car moving. They lighten the car by using exotica materials (which we have now, but they are very expensive), they reduce to coefficient of drag, and created a 1 cylinder engine making 8.5HP. The car weigh a total of 600 lb. If you stick a 300 lb guy and 300 woman in there, you basically double the weight of the car. I’m not sure if the 8HP engine can push a 1200lb vehicle and still get the same MPG.I don’t think you can talk much sense into TheBreeze. He’s in his own little bubble and thinks that nothing can affect him. Maybe he’s one of the ultra-rich which would make him insulated, but I doubt it. I just sit back and laugh at his suggestion that a parabolic rise in oil is somehow a good thing.
July 3, 2008 at 11:51 PM #233014anParticipant[quote=bonfire]Wow! Look at this! Shiny! And it gets 232 MPG. I might wait to get one until after all the Hummers and suv’s are scrapped, but it is pretty.
http://blog.wired.com/cars/2008/07/laugh-at-high-g.html%5B/quote%5D
From reading the headline, you’d think they came up with some revolutionary invention. They just take what we know about getter better MPG and take it to the next step. We all know lighter cars will need less power to move it. We also know aerodynamic will make a big difference in how much power is needed to keep the car moving. They lighten the car by using exotica materials (which we have now, but they are very expensive), they reduce to coefficient of drag, and created a 1 cylinder engine making 8.5HP. The car weigh a total of 600 lb. If you stick a 300 lb guy and 300 woman in there, you basically double the weight of the car. I’m not sure if the 8HP engine can push a 1200lb vehicle and still get the same MPG.I don’t think you can talk much sense into TheBreeze. He’s in his own little bubble and thinks that nothing can affect him. Maybe he’s one of the ultra-rich which would make him insulated, but I doubt it. I just sit back and laugh at his suggestion that a parabolic rise in oil is somehow a good thing.
July 3, 2008 at 11:51 PM #233026anParticipant[quote=bonfire]Wow! Look at this! Shiny! And it gets 232 MPG. I might wait to get one until after all the Hummers and suv’s are scrapped, but it is pretty.
http://blog.wired.com/cars/2008/07/laugh-at-high-g.html%5B/quote%5D
From reading the headline, you’d think they came up with some revolutionary invention. They just take what we know about getter better MPG and take it to the next step. We all know lighter cars will need less power to move it. We also know aerodynamic will make a big difference in how much power is needed to keep the car moving. They lighten the car by using exotica materials (which we have now, but they are very expensive), they reduce to coefficient of drag, and created a 1 cylinder engine making 8.5HP. The car weigh a total of 600 lb. If you stick a 300 lb guy and 300 woman in there, you basically double the weight of the car. I’m not sure if the 8HP engine can push a 1200lb vehicle and still get the same MPG.I don’t think you can talk much sense into TheBreeze. He’s in his own little bubble and thinks that nothing can affect him. Maybe he’s one of the ultra-rich which would make him insulated, but I doubt it. I just sit back and laugh at his suggestion that a parabolic rise in oil is somehow a good thing.
July 3, 2008 at 11:51 PM #233066anParticipant[quote=bonfire]Wow! Look at this! Shiny! And it gets 232 MPG. I might wait to get one until after all the Hummers and suv’s are scrapped, but it is pretty.
http://blog.wired.com/cars/2008/07/laugh-at-high-g.html%5B/quote%5D
From reading the headline, you’d think they came up with some revolutionary invention. They just take what we know about getter better MPG and take it to the next step. We all know lighter cars will need less power to move it. We also know aerodynamic will make a big difference in how much power is needed to keep the car moving. They lighten the car by using exotica materials (which we have now, but they are very expensive), they reduce to coefficient of drag, and created a 1 cylinder engine making 8.5HP. The car weigh a total of 600 lb. If you stick a 300 lb guy and 300 woman in there, you basically double the weight of the car. I’m not sure if the 8HP engine can push a 1200lb vehicle and still get the same MPG.I don’t think you can talk much sense into TheBreeze. He’s in his own little bubble and thinks that nothing can affect him. Maybe he’s one of the ultra-rich which would make him insulated, but I doubt it. I just sit back and laugh at his suggestion that a parabolic rise in oil is somehow a good thing.
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