Are you guys ready for $6 gas in 18 months?

May it be a blessing. I know I'm going to be alright too. As long as I can sell, I can survive.

I do worry for a couple of my close friends though. They really thought they were living the American dream.

 

You are going to make a killing HHB. I've heard as high as $7 in 12 months. It's hard to be certain. $6 in 18 months is just a hunch.

But it didn't happen. And attention never would have happened without the price jump.

By false pandemic if you're talking about the supply of oil becoming more restricted, than you're wrong.

This isn't a problem we can drill out way out of. We're here now, it was inevitable, and it's good we're to this point when we are.

It'd be a lot better without the rapid inflation of the past decade. But ces't la vie.

 

That's what I did...I live 3 miles from my job and one mile from school...gonna save shitloads of scratch while I'm at it

 

Wait until you will be 31: 2 times/year yeah. When I was as young as you i used to be 20 times away from home/year. (and not in my car but in the train without a ticket or by hitch-hiking or bicycle if not to far)
But recently I invent better method: I have now money so I'm buying ticket I put bicycle into the train and the rest of journey quick and easy on my bike

 

Hey, like I said, after the market adjust and another rough year in 2009, I predict that there will be a lot more jobs coming back because of the high price of outsourcing with $6-7 oil.

I do feel kinda optimistic about all this. As long as we have national priorities other than just 'let them drill.'

Which I don't have a problem with. Let them drill, we need more. but they need windfall taxes, because the oil industries aren't going to be the ones who invest heavily in alternatives. It's a dying industry.

Heavy investment in science.

"Less invasions, more equations!"

 

well i hope we will make a killin cause if gas hits 7 a gallon it will be our only income..
i see no way the housing market will continue to squeak by with those kinds of fuel prices...

 

I do not eat meat, I don't take plastic bags in the shops, I recycle, I buy as low plastic amount with food as it is possible. I do not buy first hand electronic.

 

With collapsing property values, and increasing gas prices, there will be a large shift for people to go back to the city.

I mean, in any case, $6-7 a gallon gas is happening. If you need to drive a lot, you will have to adjust.

This will largely cause the abandonment of white flight too. Suburbs turning to ghost towns.

 

That's great for you if you can afford it. Most of us can't. And to tell you the truth I refuse to live in the projects. Enough people have been shot and stabbed there to make me stay where I'm at.

 

You just proved my point.

 

Here in my town the nicer homes are close to town....same with the projects. Collapsing property values? The cheapest house is $99,000 and it's a shit hole. Apartments in my area have gone up on rent. So for me moving to the city is not the answer.

 

Rapid inflation of the past decade? Look at the mid '70 to early 80's era. THAT was rapid inflation.

It'd be a lot better without the rapid outsourcing of the past decade would be a more appropriate statement.

By false pandemic I'm talking about an either highly exaggerated or completely fictitious bullshit story about an oil shortage. Fucking bogus.

Furthermore I think it's a complete crock of shit that while we say $6 gas is a good thing there are countries in this world with subsidized gas prices of .40-.50 per gallon. Talk to those fucks about THEIR gas usage.

There's no fucking shortage, we're being taken hostage by commodities and being spoon fed some garbage rhetoric about how this has inspired change.

What in teh fucking hell is wrong with people?

$6 gas a good thing? Federal mandates on minimal levels of public transportation is a good thing and a relatively quick solution as compared to complete fuel overhauls.

That statement makes me want to rip my hair out and bang my fucking head into the cement til my brains are leaking out of my ears, so I can maybe understand it better.

Let's keep making ethanol right? Meanwhile we're burning gas to make ethanol. Fucking brilliant, right?

More immediate focus needs to be put on alternative methods of transportation than fuel. And more incentives and aid in purchasing more efficient methods of transportation.

All that, concurrent with fuel alternative overhauls, would make six dollar gas worth it.

Anything less is just bullshit.

 

Global civilisation went in wrong direction lately. Attention should be put on independence of basic social cells from outside sources rather that consumer expansion in chip conformistic goods and gadgets. Now we waste a lot of power, time of good economy and wealth just for freaking around, military, gambling and 'sex, drugs and rockandroll'. But drug were illegal he he. Now there is little time to repair our faults. I wonder how history will jugde capitalism in long term period?

 

You're kinda erratic here.

First off, there is less oil now. There is less oil now, and a much higher demand. You can call that bullshit all you want, but whatever. It's a fact. I can show you, but the data readily available, and I'm simply thinking you have another reason to say something so ludicrous.

.50 oil? You mean the UAE? Where oil is born? Yes, they can afford to have cheap oil. They can also enjoy a gigantically booming economy because of all this. And they have it. They have the worlds largest building now.

We don't. We're subject to market prices.

 

venezuala has had 12 cents a gallon gas since 1998..

 

There's less oil now? There's less oil every time you blink.

I never would've figured that out. Thanks lode.

You're being dodgy and you know it.

If you can't address or comprehend some of the very candid points, regardless of any reasonable order, it's ok.

I have less money today than I did yesterday. Doesn't mean I'm running out.

And more efficient uses of the remaining oil is a much more important goal for the immediate future and should be done concurrently, though at a highly accelerated pace, with the alternative fuel overhaul.

 

And there are more. . .

 

i stand corrected,its 12 cents a litre,,but still,,thats what 40 cents a gallon more or less?

 

on what am I being dodgy about? You simply claimed that an oil shortage isn't the problem.

But it is. It's one of three major issues pushing the price of oil.

1. Less supply. This is also tied into the speculative cost of predicted future reserves.

2. More demand. Demand for fuel is skyrocketing, and the supply hasn't increased. So the price increases.

3. And the rapid inflation of the dollar in the past decade.

Heres from the inflation calculator.

The price of oil is tied to the dollar, and thus when a dollar buys less oil than it did a decade ago, the price of oil jumps.

[SIZE=+1]What cost $100 in 1997 would cost $130.92 in 2007.


[/SIZE]

 

Yup, haha, .48, but yea.

I didn't know Venezuela was part of the United Arab Emmerate.

Venezuela is not alone.