Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It's not that we'll run out of oil anytime in the forseeable future. We'll just run out of cheap oil.
Oil can cost almost as much as coffee does now and it wouldn't surprise me. That would mean about $500-600 a barrel.
Sorry dude. I have a bad habit of drawing the dark clouds
I dunno...I look at it this way. Oil is very energy dense and a very precious substance that any developing country wants. Unless we really militarize (meaning actually seize the Saudi oilfields after the old fart monarchists die off), I don't see how it's going to play out well in terms of cheap prices.
I'm hoping the rise is slow and eventual rather than quick and painful. Our infrastructure will be able to adapt better to such a slow rate of increase.
Sorry dude. I have a bad habit of drawing the dark clouds
I'm hoping the rise is slow and eventual rather than quick and painful. Our infrastructure will be able to adapt better to such a slow rate of increase.
Well, I think with this down turn they will start investing in infrastructure which includes mass transit. I also think they will focus on renewable energy. If you notice this is a underlying theme from hilary and obama. I also think this may be the new bubble
Conoco Phillips went up to $4.019 last week, this week Shell went up to $4.059.
There are 5 gas stations on the way to work and back, 2.9 miles each way. $3.999, $4.059, $4.019, $3.999, and $3.969, I don't know what the gas is outside of that, I haven't had much time to venture out, and I'm not going to waste gas to find out, I noticed gas in the city last weekend was cheaper, I don't know about now.
None of the stations sell gas on whole cents though, I guess NY state is cooler than CA in that way.
Write your congressmen! NOW is the time to start drilling in the Arctic National Wildlife Refuge! Do research on it, it's not as bad as environmentalists make it sound, and if it were used for 10% of our nation's oil supply, there is enough for the entire US for 6 years!
I'm a college student, so I'm not as affected as most, but I have made the decision that I will not bring my car to school next year.
1. they r already drilling in anwr, just not large scale
2. domestic drilling will not off set prices because petrol price r set by international price.
Until gas price for regular reaches $6+ a gallon like it is in Europe, I am not bothered by the high prices. All it means is that we have to be smarter in how we travel and utilize what we already have in a more efficient way.
And from what I have read, the roads there overseas are better maintained compared to alot of the roads here in the US.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
