Posted by KublaKhan Dude...seriously. You must be high. That will never ever ever happen. Never. The price of oil will go up, up and away. My bet is that a barrel will hit the $200 mark within the 18 months.

actually, some experts predict it will happen. but not for another ten years at least. By then most people will have electric cars or some alternative anyways...

Posted by earthworm http://www.structe...s/2008/05/beer.jpg

High fives to you, my friend, many high fives.

Posted by Tracy. actually, some experts predict it will happen. but not for another ten years at least. By then most people will have electric cars or some alternative anyways...

There is many experts who agree with me, and not in ten years either. Even the stock markets have been agreeing with me for the last week (oil stocks have been weak, even though the price of oil is still rising.)

Posted by KONG There is many experts who agree with me, and not in ten years either. Even the stock markets have been agreeing with me for the last week (oil stocks have been weak, even though the price of oil is still rising.)

either way, it'll still be too expensive. especially for a cheap dutch girl.


HOW MUCH????? Ugggggggh!

finite resources typically get expensive when demand outstrips supply...

what do i know though, i'm such a bus riding hippy.

btw kong may disagree with me but his is wise beyond his years

ya know.... I think I just smelled the stink of peak oil....


A sudden crash in production is unlikely unless there are other factors that contribute to it. I was thinking about this while I HAD TO ride my bike some 24 miles to school because of lack of gas money and insurance. Who are going to be the people that get hit by rising fuel costs? Not people with a disposable income.

Imagine an innercity ghetto without any mobility. In cities like Los Angeles this is scary as shit. I think that is a real danger with these gas prices; that festering sections of society are going to have no escape valves, no work, no entertainment (HD sets) and outdated infrastructure. This is going to mean massive riots. In most American cities they will come as race riots. Every Major city is becoming or, more accurately, has become as rotten as New Orleans.

Not that it is on the immediate horizon, but this is something foreseeable.

This is a really fucking scary report as far as climate change goes (PDF)
http://www.csis.or...ofconsequences.pdf">http://www.csis.or...ofconsequences.pdf

And this is a horribly entertaining counter point to everything it says. I was unaware until just now that some extraterrestrial life might be free from original sin for example. (found while looking for the report)

http://www.rb59.co...11_01_archive.html

A cruise ship only moves six inches for every gallon of fuel it uses.

So I would imagine the prices of going on cruises will now soar, if they haven't already.

Posted by Debi A cruise ship only moves six inches for every gallon of fuel it uses. So I would imagine the prices of going on cruises will now soar, if they haven't already.

kiss the travel industry goodbye... it's going to be too expensive to fly anywhere let alone get on a big boat.

As far as "climate change" (formerly known as "global warming", haha) goes, we do not have to save the planet. Earth will do quite fine on its own without us helping it out either way. What we need to save is ourselves. But frankly, I don't think there's hope for us. We don't deserve this planet. Meet you at the next ice age on a break from cleaning toilets in hell...

There's an event in Nashville called the CMT Country Music Festival, it used to be called Fan Fair. This was the one week where every hotel in the area could count on being sold out. Last year at this time, the hotel where I work was oversold by thirteen rooms. This year, we're only at 70% and the festival is next week.

Posted by fedge As far as "climate change" (formerly known as "global warming", haha) goes, we do not have to save the planet. Earth will do quite fine on its own without us helping it out either way. What we need to save is ourselves. But frankly, I don't think there's hope for us. We don't deserve this planet. Meet you at the next ice age on a break from cleaning toilets in hell...

We will starve to death before we can manage to blow up the world. Too many people, not enough resources. Food being one of them...and we can do without electricity if we have to, and without oil if we must, but food is kinda a little required.

Have you read Ishmael?

If not you should, I think most libraries carry it.

http://en.wikipedi...ki/Ishmael_(novel)

Posted by Samurai kiss the travel industry goodbye... it's going to be too expensive to fly anywhere let alone get on a big boat.

In the short to mid term, I expect travel prices to DROP, especially for things like cruises.

Why?

As people can't afford to travel, demand drops. These huge ships (and planes) are very expensive, and some companies have made huge investments in them recently. They're not paid for. They can't afford to park the fleet, so it's either running for whatever they can make to pay the bills and try to ride out bad times... or going bankrupt. Guess which one a company chooses first? If this keeps up long enough, you'll see some more fuel-sensitive companies going broke, and this will drop supply (allowing prices to go up).

It's simple supply & demand. First year economics.

Posted by KONG In the short to mid term, I expect travel prices to DROP, especially for things like cruises. Why? As people can't afford to travel, demand drops. These huge ships (and planes) are very expensive, and some companies have made huge investments in them recently. They're not paid for. They can't afford to park the fleet, so it's either running for whatever they can make to pay the bills and try to ride out bad times... or going bankrupt. Guess which one a company chooses first? If this keeps up long enough, you'll see some more fuel-sensitive companies going broke, and this will drop supply (allowing prices to go up). It's simple supply & demand. First year economics.

i never took economics, wasn't required in New York state.
all i know is that the chamber of commerce idiots here are nervous that this summers' tourist stampede won't be the same as it has in past years. There is much hand-wringing right now.

Much hand wringing aren't the words man. It's more like scared shitless around here about the tourists. Since most of them that come here don't have a pot to piss in anyway, they just come here to avoid paying for electricity and gas by camping on the beach by the Lake Cesspool, err...Lake Champlain.
My cousin's daughter has been trying to find a summer job for the past few weeks and the only place that's not scared to hire help for the summer is the local youth commission employment program through the local high school, since that's federally funded.
Sam will slap me because I'm an incurable optimist and because I don't buy into everything that goes along with this Global Warming or Climate Change or whatever they want to call it.
Sure, we might have had some effect on the climate changes that are going on, but it's going to take a hell of a lot more to make me believe that things are as bad as they're making them out to be.
You all do realize that we're driving up our own oil prices, right? Most of this is from speculators buying up oil futures because they're betting that the demand is going to outweigh the supply, also the Saudis and other countries are cutting back on production because of this, to artificially drive up the prices. Not to mention there are people that make money every time a refinery or off shore drilling rig lays off people or shuts down. There are refineries down south that are being paid to stay closed.
It's so bad that everything I'm reading in regards to pension plans and 401K's that are buying into oil futures is saying to stop because the market is eventually going to go bust because it can't sustain itself, not with the mess it's making with interest rates, inflation and the banks.
I don't think we'll ever see 2 dollars a gallon in the US again, but I highly doubt we'll see 6 or 7, the market will bust before then, if it doesn't...well...then Wall Street is wrong and so am I.

Shael

I would imagine that your area, which is relatively close for about 100 million people will do just fine with higher gas prices. People are more likely to take the family upstate with high gas prices than to pack up a van and head to Florida. The weak US dollar might also help get more Canadian tourists who don't want to fill their tank too many times into your area.

long story short, we're all fucked.

gas, food, mortgage payments, utilities...no one can make it any more. we moved to our first home in october and were doing great - now? we're living paycheck to paycheck because of the skyrocketing costs of, gee - EVERYTHING.

Posted by DiVaMoNKeY long story short, we're all fucked. gas, food, mortgage payments, utilities...no one can make it any more. we moved to our first home in october and were doing great - now? we're living paycheck to paycheck because of the skyrocketing costs of, gee - EVERYTHING.

tell me about it, D!
When we moved into this house we were doing pretty good... Now, it's scary. Do I put gas in the car, or food in the fridge? Do I pay this bill or that bill because only one is going to get paid...

i've never lived through anything like this.

The concept of boarding a plane or ship for leisure purposes is so far removed from my reality. I'm lucky if I drive an extra 50 miles out of my way to UE somewhere new to me. That's my excitement.

Posted by fedge The concept of boarding a plane or ship for leisure purposes is so far removed from my reality. I'm lucky if I drive an extra 50 miles out of my way to UE somewhere new to me. That's my excitement.

I hear that!