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Old 09-08-2011, 11:17 AM
 
5,409 posts, read 10,331,858 times
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Quote:
Originally Posted by Peerless View Post
**yawns** It's comical, actually. The "surprise" supply increase last week was offset by stocks rising...or was it the dollar falling...hope of economic recovery...hurricane...tension in the Middle East...more Fed easing? Put all of those in a hat and pick one out. The politicians REFUSE to acknowledge the fact that HIGH FUEL PRICES are the number one reason we can't have a sustainable recovery. Wages aren't increasing, but prices are. Fuel is at least 3x what it was not too long ago, and they wonder why demand is down for other goods. Wake the F up...
And we STILL will NOT Take US Off Oil.

Just like a junkie.

Almost amazing to watch.

Goes to the last drop, pill or line.
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Old 09-08-2011, 04:55 PM
 
Location: Embarrassing, WA
2,287 posts, read 1,604,941 times
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Agreed, all this wasted stimulus and tax money thrown down a rathole could have put LPG and NG dispensers at every station in the US.
Aside from that, the price fixing has to stop. Work the cost of the NG, power for the compressor, and life of the compressor, and you get zero gain compared to $3ish per gallon for an individual with average consumption. Same thing with electric cars....khw cost, and battery cost and replacement intervals, and you're back to $3ish/gallon equiv. again.
Right now those that do alt fuels do it for the pride or for being "green", but it's not going to catch on until we can do it for our pocketbooks.
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Old 09-08-2011, 09:05 PM
 
28,668 posts, read 31,280,273 times
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Quote:
Originally Posted by Peerless View Post
I would love to see oil "crash."
There's a way to make oil prices crash. It's called using less. Take junk out of your trunk. Put air in your tires. Don't slam on the breaks & then take off like a jackrabbit. Drive the speed limit (preferably on cruise control on the highway). Walk. Ride a bike. Share rides. Take mass transit. Ditch the SUVs and other gas guzzlers. Lobby your local government for transporation alternatives and land use planning that don't revolve around the automobile.

Of course, a lot of this stuff requires persistent long term efforts, something Americans over the last 30 years have stubbornly refused to accept. That's fine...but if we continue on this path, then we must accept that $4 gas will be the norm, and in another 5 years that price may even be considered cheap. And even the short term conservation measures (more sane, slower driving, keeping air in the tires, etc.) would reduce consumption significatnly if everyone did it.
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Old 09-08-2011, 10:40 PM
 
199 posts, read 262,470 times
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Oil consumption is actually down (world wide). Yet gas prices are still close to $4/gallon.
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Old 09-09-2011, 01:49 AM
 
5,409 posts, read 10,331,858 times
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Quote:
Originally Posted by Peerless View Post
Oil consumption is actually down (world wide). Yet gas prices are still close to $4/gallon.
You should expect to see this --

lower production, and
higher prices, and
falling demand

All the way down the backside of the Peak.

Not saying this is so, but there appears to be some valid modeling for what could be ahead . . . .

When it gets near $4 in US model, we start to pull back.
At $5 full retreat.
By $10 we are off Oil or walking.

Trucking and the Airlines go out somewhere before or around $10, as well.

Ag stops between $10 and $20.

The military keeps going until $50.

If we are not Off Oil well before then, it is the New Dark Ages.
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Old 09-09-2011, 01:54 AM
 
5,409 posts, read 10,331,858 times
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Quote:
Originally Posted by mysticaltyger View Post
There's a way to make oil prices crash. It's called using less. Take junk out of your trunk. Put air in your tires. Don't slam on the breaks & then take off like a jackrabbit. Drive the speed limit (preferably on cruise control on the highway). Walk. Ride a bike. Share rides. Take mass transit. Ditch the SUVs and other gas guzzlers. Lobby your local government for transporation alternatives and land use planning that don't revolve around the automobile.

Of course, a lot of this stuff requires persistent long term efforts, something Americans over the last 30 years have stubbornly refused to accept. That's fine...but if we continue on this path, then we must accept that $4 gas will be the norm, and in another 5 years that price may even be considered cheap. And even the short term conservation measures (more sane, slower driving, keeping air in the tires, etc.) would reduce consumption significatnly if everyone did it.

Does not really save anyone or anything in the long term.

Something called Jevon's Paradox says others will expand the use more, even as you use less.

Jevons paradox - Wikipedia, the free encyclopedia

While you may save yourself some by using less (A Very Good Thing) . . . . This is sort like cigarettes -- The only real win is to actually quit it.
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