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Old 10-15-2008, 11:21 AM
Curmudgeonly Colo. native
 
Join Date: Mar 2007
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Quote:
Originally Posted by Katiana View Post
^^^I agree! Wasn't it just a few months ago some on this forum were talking about the certainty of $5/gallon gas? Yesterday I saw it for 3.04/g in Louisville!
Well, then maybe you should read this:

Recent drop in crude is an illusion - oil is going to $500. - Sep. 22, 2008

Quoted from above, which should be of interest to Coloradans (Simmons grew up in Utah, by the way--his father ran Zion's National Bank):

Quote:
As for some other currently voguish sources of fuel coming to the rescue, he's dismissive. Oil shale? "Buck Rogers stuff. It just can't work." Ethanol? "It's a joke. The numbers just don't add up."

Simmons believes that a radical change in the way we live is inevitable. "We should basically be going back to creating a village economy, so that we really reduce the energy intensity of how we live," he says. "We need bigtime conservation, not feel-good conservation. Make things where they're used. You'll end long-distance commuting, and we have the tools to do that now with webcams. Grow food locally. Grow food in your backyard. If they're not commuting, people will have time to do that."
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Old 10-15-2008, 11:49 AM
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I knew that was coming! Whatever, it was $3.04 yesterday.
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Old 10-16-2008, 09:59 AM
Life is too short to drink cheap beer
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Location: Castle Rock, CO
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I paid $2.96 yesterday...
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Old 10-16-2008, 03:08 PM
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Well oil went for under 70 bucks a barrel today as it should be. What was it before all this speculation and adjustment to growing markets? 60+?

Whatever. It's where it should be now and petro unleaded should go to 2.19 per and diesel #2 should be 2.07. Then your bread, milk, bacon, and beer should follow suit.

That's your daily McGowdognomics.
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Old 10-17-2008, 12:12 AM
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Gas is 99 cents in AZ if you own a hummer and purchase a 64oz fountain drink - Ha Ha
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Old 10-17-2008, 10:26 AM
Curmudgeonly Colo. native
 
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The price of oil--and gasoline at the pump--will be at a lower price ONLY as long as the US economy--and, more importantly, the rest of the world economy--keeps sinking into recession/depression. When the economy improves--even a little bit--and the demand destruction stops, oil prices will skyrocket again--likely overtaking previous highs.

I think we are likely to see continuing series of wild swings like this--high oil prices cripple the economy, leading to demand destruction and a temporary collapse in energy prices, followed by a modest economic recovery that sets off another binge of commodity inflation, energy price rises, and oil supply disruptions--followed by another near economic collapse. Each gyration will leave the US economy more damaged, more vulnerable, and less resilient. This carnage is going to continue until this country pulls its collective head out of its gas tank, and figures out that we have to change our living arrangement to permanently moderate our petroleum use to levels at a fraction of the current rate of use. If we don't make those changes, we will continue to compromise our economy, environment, and national security until we really are nothing but a two-bit, has-been, near-Third World country totally at the mercy of hostile economic powers off of our shores.
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Old 10-17-2008, 01:20 PM
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Default Commodities to rebound

A pretty good read and thesis-
Be ready for the commodity comeback - MSN Money
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Old 10-17-2008, 02:22 PM
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Default Is anyone besides me getting tired of stupid, unanswerable posts?

Quote:
Is anyone besides me getting tired of stupid, unanswerable posts?
Here's one:
What will happen to the price of oil in the short-term? How about 5 years? 10+ years?

This is like Jeopardy. Did I get the question right?
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Old 10-17-2008, 03:59 PM
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Well that's part of the question. The other part is, "What will my paycheck look like in 5, 10 years?"
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Old 10-18-2008, 11:18 AM
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Default Guilty here - back on topic

At least I will "man up" and say I am just as guilty of this before reading posts.

RE: my "what is there to do in Colorado City?" (the one 20 miles south of Pueblo, not the one up north)

Then getting pissy that no one answered me. (Ya'll didn't notice, did ya?)
I honestly did try to do alot of research on it before heading up there. All the websites were pointing me to the CoS area. I had already made my cabin reservations there at the local KOA - and thought, "crap - there is nothing there - it's a ghost town". Which turned out to be totally untrue - as I went into San Isabel, Rye, etc...along with near daily trips into Pueblo/PW.

Now...on the other hand, I have read each one of these posts in this section, and I must say, you guys are funnier than %^&$. I love the sarcasm Thanks for the laughs.

I can actually relate to alot of what was said in here - so does that make me a Coloradan? I really should be considered "native" - we've been paying taxes on that property in PW for over 30 years!

I'm going to go in the "Texans in Colorado" and put my .005456 cents in there too. (adjusted for economic purposes)

Last edited by CherryMagic; 10-18-2008 at 11:28 AM.. Reason: Cause I took the Evelyn Woods speed reading course and made an error in posting
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