Home › Forums › Financial Markets/Economics › $7 gasoline in the near future???
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July 4, 2008 at 11:36 PM #233446July 5, 2008 at 8:15 AM #233290no_such_realityParticipant
[quote=fat_lazy_union_worker] Btw: you might get 50mpg in your prius, but I recall you live in CV and work in downtown. I might get 20mpg (24 if I really really drive like a pansy), but I drive 5 miles to work every day I don’t telecommute. And my sig other doesn’t even take the freeway and has a 10 min commute. So, again, let’s see who’s really gonna hurt with $7/gal or even $10/gal gas.
[/quote]The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
My primary complaint is that people claiming a needed change. Global warming is about making money. The climate may be warming but the determination of the cause and the effects, is purely political.
July 5, 2008 at 8:15 AM #233420no_such_realityParticipant[quote=fat_lazy_union_worker] Btw: you might get 50mpg in your prius, but I recall you live in CV and work in downtown. I might get 20mpg (24 if I really really drive like a pansy), but I drive 5 miles to work every day I don’t telecommute. And my sig other doesn’t even take the freeway and has a 10 min commute. So, again, let’s see who’s really gonna hurt with $7/gal or even $10/gal gas.
[/quote]The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
My primary complaint is that people claiming a needed change. Global warming is about making money. The climate may be warming but the determination of the cause and the effects, is purely political.
July 5, 2008 at 8:15 AM #233428no_such_realityParticipant[quote=fat_lazy_union_worker] Btw: you might get 50mpg in your prius, but I recall you live in CV and work in downtown. I might get 20mpg (24 if I really really drive like a pansy), but I drive 5 miles to work every day I don’t telecommute. And my sig other doesn’t even take the freeway and has a 10 min commute. So, again, let’s see who’s really gonna hurt with $7/gal or even $10/gal gas.
[/quote]The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
My primary complaint is that people claiming a needed change. Global warming is about making money. The climate may be warming but the determination of the cause and the effects, is purely political.
July 5, 2008 at 8:15 AM #233471no_such_realityParticipant[quote=fat_lazy_union_worker] Btw: you might get 50mpg in your prius, but I recall you live in CV and work in downtown. I might get 20mpg (24 if I really really drive like a pansy), but I drive 5 miles to work every day I don’t telecommute. And my sig other doesn’t even take the freeway and has a 10 min commute. So, again, let’s see who’s really gonna hurt with $7/gal or even $10/gal gas.
[/quote]The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
My primary complaint is that people claiming a needed change. Global warming is about making money. The climate may be warming but the determination of the cause and the effects, is purely political.
July 5, 2008 at 8:15 AM #233479no_such_realityParticipant[quote=fat_lazy_union_worker] Btw: you might get 50mpg in your prius, but I recall you live in CV and work in downtown. I might get 20mpg (24 if I really really drive like a pansy), but I drive 5 miles to work every day I don’t telecommute. And my sig other doesn’t even take the freeway and has a 10 min commute. So, again, let’s see who’s really gonna hurt with $7/gal or even $10/gal gas.
[/quote]The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
My primary complaint is that people claiming a needed change. Global warming is about making money. The climate may be warming but the determination of the cause and the effects, is purely political.
July 5, 2008 at 9:08 AM #233310ArrayaParticipantThe commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
July 5, 2008 at 9:08 AM #233440ArrayaParticipantThe commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
July 5, 2008 at 9:08 AM #233447ArrayaParticipantThe commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
July 5, 2008 at 9:08 AM #233491ArrayaParticipantThe commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
July 5, 2008 at 9:08 AM #233500ArrayaParticipantThe commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
July 5, 2008 at 10:13 AM #233335CoronitaParticipantno_such_reality and arraya,
I fully agree with both of you, don’t get me wrong. I was just merely pointing out that just because some people dont’ want higher energy costs doesn’t mean that those people feel we should start socializing everything. Also just because some of us are concerned about higher energy cost doesn’t mean also that we’re in worse financial shape than say the Breeze, as he seems to suggest.
I’m trying to understand the thought process, but it’s difficult to. It seems like the suggestion is. “If you’re like me, you’re a winner that will be able to weather this recession. If you’re not like me, you’re probably a loser that isn’t as well off as me.”…Keeping in mind this coming from an enginerd, that again no offense, is no safe profession to be in either…Also having declared he is long in dollar cost average portfolio, and recently spent a hell of lot of money over memorial day weekend, drives an overpriced prius that still won’t recoup fuel savings for the next 7-8 years assuming an annual mileage of 10k/year, and commutes to downtown to work. I’m just trying to understand how one could possibly think one wouldn’t be impacted by this economy.
I’ve got a groundbreaking, earthshattering tip to save on fuel costs. Drive less. It’s probably an unfamilar concept here in CA, but the solution is profoundly astonishing.
July 5, 2008 at 10:13 AM #233465CoronitaParticipantno_such_reality and arraya,
I fully agree with both of you, don’t get me wrong. I was just merely pointing out that just because some people dont’ want higher energy costs doesn’t mean that those people feel we should start socializing everything. Also just because some of us are concerned about higher energy cost doesn’t mean also that we’re in worse financial shape than say the Breeze, as he seems to suggest.
I’m trying to understand the thought process, but it’s difficult to. It seems like the suggestion is. “If you’re like me, you’re a winner that will be able to weather this recession. If you’re not like me, you’re probably a loser that isn’t as well off as me.”…Keeping in mind this coming from an enginerd, that again no offense, is no safe profession to be in either…Also having declared he is long in dollar cost average portfolio, and recently spent a hell of lot of money over memorial day weekend, drives an overpriced prius that still won’t recoup fuel savings for the next 7-8 years assuming an annual mileage of 10k/year, and commutes to downtown to work. I’m just trying to understand how one could possibly think one wouldn’t be impacted by this economy.
I’ve got a groundbreaking, earthshattering tip to save on fuel costs. Drive less. It’s probably an unfamilar concept here in CA, but the solution is profoundly astonishing.
July 5, 2008 at 10:13 AM #233472CoronitaParticipantno_such_reality and arraya,
I fully agree with both of you, don’t get me wrong. I was just merely pointing out that just because some people dont’ want higher energy costs doesn’t mean that those people feel we should start socializing everything. Also just because some of us are concerned about higher energy cost doesn’t mean also that we’re in worse financial shape than say the Breeze, as he seems to suggest.
I’m trying to understand the thought process, but it’s difficult to. It seems like the suggestion is. “If you’re like me, you’re a winner that will be able to weather this recession. If you’re not like me, you’re probably a loser that isn’t as well off as me.”…Keeping in mind this coming from an enginerd, that again no offense, is no safe profession to be in either…Also having declared he is long in dollar cost average portfolio, and recently spent a hell of lot of money over memorial day weekend, drives an overpriced prius that still won’t recoup fuel savings for the next 7-8 years assuming an annual mileage of 10k/year, and commutes to downtown to work. I’m just trying to understand how one could possibly think one wouldn’t be impacted by this economy.
I’ve got a groundbreaking, earthshattering tip to save on fuel costs. Drive less. It’s probably an unfamilar concept here in CA, but the solution is profoundly astonishing.
July 5, 2008 at 10:13 AM #233516CoronitaParticipantno_such_reality and arraya,
I fully agree with both of you, don’t get me wrong. I was just merely pointing out that just because some people dont’ want higher energy costs doesn’t mean that those people feel we should start socializing everything. Also just because some of us are concerned about higher energy cost doesn’t mean also that we’re in worse financial shape than say the Breeze, as he seems to suggest.
I’m trying to understand the thought process, but it’s difficult to. It seems like the suggestion is. “If you’re like me, you’re a winner that will be able to weather this recession. If you’re not like me, you’re probably a loser that isn’t as well off as me.”…Keeping in mind this coming from an enginerd, that again no offense, is no safe profession to be in either…Also having declared he is long in dollar cost average portfolio, and recently spent a hell of lot of money over memorial day weekend, drives an overpriced prius that still won’t recoup fuel savings for the next 7-8 years assuming an annual mileage of 10k/year, and commutes to downtown to work. I’m just trying to understand how one could possibly think one wouldn’t be impacted by this economy.
I’ve got a groundbreaking, earthshattering tip to save on fuel costs. Drive less. It’s probably an unfamilar concept here in CA, but the solution is profoundly astonishing.
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