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Topic: Woe to the SUV owner: oil's not likely to get cheaper

Doug
rabble-rouser
Babbler # 44

posted 15 March 2004 05:47 PM

"The tightness in today's crude market is unlikely to change unless there are major supply discoveries. Production in most of the world's major oil fields has already peaked and is now declining."

Looks like even corporate economists are coming to acknowledge that the cheap oil party is over.

From: Toronto, Canada | Registered: Apr 2001 | IP: Logged

The Oatmeal Savage
rabble-rouser
Babbler # 4353

posted 15 March 2004 09:19 PM

Sounds like it's time to start building more nuclear reactors for power generation.

From: top of the food chain | Registered: Aug 2003 | IP: Logged

Jingles
rabble-rouser
Babbler # 3322

posted 15 March 2004 10:07 PM

Naaah, I think it's time we started using whale oil for our energy needs. There's lots of them, floatin' around like they own the place, eating our plankton and not paying for it. Lousy do-nothing whales.

From: At the Delta of the Alpha and the Omega | Registered: Nov 2002 | IP: Logged

MacD
rabble-rouser
Babbler # 2511

posted 15 March 2004 10:19 PM

Not paying for it? Why those freeloading whales! Somebody tell the B.C. Liberals...they can set up toll booths in the Pacific, or maybe make the whales buy Liberal memberships...

From: Redmonton, Alberta | Registered: Apr 2002 | IP: Logged

Rufus Polson
rabble-rouser
Babbler # 3308

posted 16 March 2004 01:58 PM

Coal-powered cars, coming up.

From: Caithnard College | Registered: Nov 2002 | IP: Logged

Mr. Magoo
guilty-pleasure
Babbler # 3469

posted 16 March 2004 02:33 PM

Is this just some kind of nostalgia-trip for the "energy crisis" we had back in the 70's? Back to asking for "Gasahol" at the pumps, I guess.

From: ø¤°`°¤ø,¸_¸,ø¤°`°¤ø,¸_¸,ø¤°°¤ø,¸_¸,ø¤°°¤ø, | Registered: Dec 2002 | IP: Logged

The Hegemo
rabble-rouser
Babbler # 5176

posted 16 March 2004 03:50 PM

I just recently read High and Mighty by Keith Bradsher...in there he notes that the all time high for U.S. gas prices relative to income was in 1980, when they were around $1.30 a gallon. But with the rapid increase in wealth of the most affluent Americans (who buy most SUVs) since then, gas prices would have to rise to something like $3-4 a gallon U.S. to equal the dent gas made in their incomes in 1980.

From: The Persistent Vegetative States of America | Registered: Mar 2004 | IP: Logged

Doug
rabble-rouser
Babbler # 44

posted 16 March 2004 04:03 PM

quote:
Originally posted by Jingles:
Naaah, I think it's time we started using whale oil for our energy needs. There's lots of them, floatin' around like they own the place, eating our plankton and not paying for it. Lousy do-nothing whales.

Have you been reading antiwhale.org?

From: Toronto, Canada | Registered: Apr 2001 | IP: Logged

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