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Though his hyperbole tends to be a little shrill at times, James Kunstler's blog this week ( Wake Me, Shake Me - Cluster**** Nation ) should be a must read for anyone concerned about where oil (and fuel prices) are headed--and we should all be really, really concerned about it. He pretty much hits the nail on the head, through his often darkly humorous style, of why we are entering such a dangerous period. The whole blog this week is interesting, but this little tidbit is pretty telling:
We may soon look at $5/gal. as pleasant nostalgia.
It's not the $5 gas that worries me...I can get by most of the time with commuting and small errands by bicycle or motorcycle.
It's the trickle-down effects of the prices going up for everything else that oil touches that worries me - and how folks are going to manage that...probably doable for those who live beneath their means, and probably a big adjustment for those who don't.
We may soon look at $5/gal. as pleasant nostalgia.
Tightwad wrote in response:
You may be right!
As a fellow resident of Colorado, I've been reading jazzlovers posts on the Colorado forum for the past 4 years. He's made many dire leaning predictions during that time, that most others wrote off as not being likely. Although his timing has been erratic, the substance of his predictions have been uncannily accurrate.
Last edited by CosmicWizard; 03-01-2011 at 08:14 AM..
In Western New England, in one week gas has gone from 3.09 (to 3.19 24 hours later) to 3.30 today--and that's at usually cheaper places like dairy marts. What is gas today, where you are?
It's not the $5 gas that worries me...I can get by most of the time with commuting and small errands by bicycle or motorcycle.
It's the trickle-down effects of the prices going up for everything else that oil touches that worries me - and how folks are going to manage that...probably doable for those who live beneath their means, and probably a big adjustment for those who don't.
Maybe not even doable for (average) people who live beneath their means. As you say, it's not the gas cost per se but all the prices it will drive up over shorter and shorter periods of time.
$3.37 a gallon in SE Pa. I also encountered the first guy asking for money for gas to get home. The last time that was going on was when gas high a few years back.
According to a CNN article, companies have already begun planning layoffs due to high oil prices. The collapse has begin. Get ready for Dow 5000 and 30%+ unemployment!
The good news is oil will fall probably below $50/bbl but nobody will have jobs.
$3.37 a gallon in SE Pa. I also encountered the first guy asking for money for gas to get home. The last time that was going on was when gas high a few years back.
Yeah, put $15 in someone's car yesterday.
At least it was on my company credit card. This the business forum, right?
They asked for $5 or $10. Figured I would add it up, what with just reading "if someone asks you to carry their coat one mile, carry it two" to the kids last week, that would the least I could do.
While I am a mild Jesus Freak, I am also an ass who like to mess with God.
At least it was on my company credit card. This the business forum, right?
They asked for $5 or $10. Figured I would add it up, what with just reading "if someone asks you to carry their coat one mile, carry it two" to the kids last week, that would the least I could do. While I am a mild Jesus Freak, I am also an ass who like to mess with God.
You ROCk!!!
We are at $3.55 here in S. Indiana.
Luckily we only have one vehicle and mainly rely upon bicycles and walking for transportation.
Luckily we only have one vehicle and mainly rely upon bicycles and walking for transportation.
YOU Rock, Momma!
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