$5 dollar a gallon gas is right around the corner. Nobody believed me when I first said that. Right now, we can still drive a bit-but we are one revolt or disaster away from a gas shortage. But we are doing next to nothing on the national level regarding mass transit, especially compared with Europe. When gas hits $5 a gallon here, and probably 7-10 there, the Europeans will still be able to get around using those high-speed trains, living in cities that are walkable, and eating fresh fruit from the small farms that they have allowed to flourish instead of building subdivisions.
Americans will be stuck in their houses, hungry and angry. There's a reason why Cheney moved his headquarters to the Middle East, you know. Its far enough away from the mobs.
What? Papa-bear Cheney has our backs, right?
Sigh. I'm surprised they managed to keep it under the psychological barrier of $100 for as long as they did.
Gold also hit an all time high today. (Did not get the same press as the oil price.) Not a good combo here. Inflation? What inflation?
There is no oil shortage. Not in your life, or your kids, their kids, etc. By the time it happens, it won't matter. Stop reliving the 70's fer chrissakes! Don't believe the hype.
Another victim of that Phd in Science, Rush Limbaugh. Sean, been reading that denier shit, right? Then why are we over in Iraq? Then why are we trying to start shit with Venezuela? Iran? Then why has oil gone to about $4 on the West Coast, and $3.50 or so in the Midwest? No shortage of gas?
Jesse breath amn, prices will og up, the world wont end. life may cahne a little but it will not shift signifigantly
Carol pedle your fearmongering envirofacist wet dreams elsewhere american life will contiune without too much of a hitch. we survived the republicans, we survived the depresion, thsi is but anotehr blip. there is no oil shortage, jsut thefear of a shortage that allows big oil to price gouge. we are at war with iraq because oil men are in office and want ot monopolise a resource...teh ywould do that regardless of how much oil iraq has.
lets see this price poitn has made a lot of oil and power alternatives econamicly viable...alternatives will spring up and prices will stableise...perhapse mroe poepl will work from home(busness can realy start pushign this as a perk over rasies) but life will nto signifigantly change in thsi nation.
the biggest change might coem from the auto industry, they need to evolve or die...but that has been true for 30 years and they have been slowly choseign death...some one else allways fills the void
LOL.
I found out about peak oil 2/3 years ago and freaked out for about 6 to 8 weeks about the world coming to an end...lol...so i feel ur pain
Brown Sugar
Environfacist, nope. Just science. Increased demand by China, by India, by countries that recently went mostly by train and bike. Millions of additional miles of commuting added since 1950. And a finite supply. We already import most of our oil, a lot of it from places that are none too politically stable. Would you bet on the long-term political stability of Venezuela, Mexico, Iran, Saudi Arabia, or Nigeria? Could we even stand short-term interruption of our petroleum supply?
It's not about the world coming to an end. Yes, there are alternatives. But the United States has lived long in denial of the upcoming storm. We continue to build further and further out into cropland making 60 minute commutes routine. We now import a lot of food and fruit from overseas. Look at your can of fruit: a lot of it is now imported. The cost of petroleum adds a double whammy to food when its imported using transport, and the cost of using farm equipment also increases as well.
Wind projects are being fought over endlessly by big coal and Bush's Exxon buddies. Big Auto fights big battles over fuel efficiency. We've done little to make hybrid vehicles more affordable.
Meanwhile Europe has a fully built train system that could easily ramp up in crisis. We haven't even started upgrading our rail system to match. The cities are still inhabitable and walkable-the malling of Europe has been resisted somewhat. Our suburbs don't even have sidewalks and have been designed so that stores and shops are too far away to walk to, and our cities have been allowed to rot and fester and drive away the commerce to sustain them, pushing even more commerce out. So millions could be stuck inside when gas is too unaffordable because they cannot walk anywhere and there are no substitutes for getting around.
It isn't fearmongering that has gas scarce. We've tapped just about everywhere we could tap. True, the petroleum companies love higher prices. But no amount of fearmongering would make gas $4 a gallon if the supply was really there.
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