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Old 08-30-2005, 06:49 AM   #41 (permalink)
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Quote:
Originally Posted by trache
For those who haven't seen it yet, see http://www.lifeaftertheoilcrash.net/

It may or may not be biased, I'm not sure. This guy seems like he has done his research though and he cites and links to his sources like crazy.
Okay, that was scary.

My upper year stats prof could rip some serious holes in this guy's theory, but it is still a very unsettling read.

I was taught to be critical of any economic forecast that blended different years data together. Notice that the author uses 2020 consumption forecasts with 2010 production forecasts over and over again. You have to be looking very closely for it, but the conflict is there. Some of the sources he quotes do the same thing, or he blends quotes together to the same effect.

I was very impressed by some of the sources (CNN, MSNBC, LOTS of government posts) and while it did look like this guy has done his homework, there are some issues I have:

He talks like this is inevitable, and that there is no escaping. Oh, great, then why the fuck did you tell me? Like a meteor crash, why worry me if I can't do anything? Should I run to the hills and brush up on my survival skills? Is the Michigan Militia recruiting?

He did not quote any economists that I recognize in this post. There are several world class economists that base their entire research career on oil prices, consumption and production data, historical analysis, et cetera. I take comfort in this because that is my area of study. I would be freaking out if Barrow, Lucas, Greenspan et al. were freaking out.

Maybe they are keeping quiet because they don't want to cause panic because there is nothing they can do about it... I just got another shiver...

Finally, I loved how the author talked about individuals conserving fuel, and that savings only accelerated the inevitable collapse of the system. That was worth the time reading that alone.

While I don't agree with this apocalyptic doomsday scenario, it is always worth while to read these theories, to make us all take stock in our lives and determine what is truly important...

4.2/5
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Last edited by BigBen931; 08-30-2005 at 07:04 AM..
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Old 08-31-2005, 04:00 AM   #42 (permalink)
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Holy snapping snappers! $1.19 a litre! We own a new Corolla and I walk to work most days and I'm still having a stroke over this.
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Old 08-31-2005, 05:29 AM   #43 (permalink)
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1.20/L just near my house... Wow... it now costs over $6.00 to fill up my Vespa.


My wife and her family are renting a van to drive to a wedding on Sault Ste Marie this weekend... the gas has jumped just in time for the trip!

Thankfully I am flying (on points no less).
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Old 08-31-2005, 05:56 AM   #44 (permalink)
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Quote:
Originally Posted by Charlatan
1.20/L just near my house... Wow... it now costs over $6.00 to fill up my Vespa.


My wife and her family are renting a van to drive to a wedding on Sault Ste Marie this weekend... the gas has jumped just in time for the trip!

Thankfully I am flying (on points no less).

What, 8 hours to the Sault? 75-80 litres at 1.20/litre each way. $180-192! Gulp!
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Old 08-31-2005, 06:10 AM   #45 (permalink)
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Quote:
Originally Posted by highthief
What, 8 hours to the Sault? 75-80 litres at 1.20/litre each way. $180-192! Gulp!
You said it brother... thankfully there are enough people riding in the van that the cost is being spread out...
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Old 08-31-2005, 08:40 AM   #46 (permalink)
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Aw, shit.

1.12 / ltr now. I am at a third of a tank and was thinking about filling up last night but got stuck working until 2230. I was too tired to fill up, and now tomorrow I will be too poor to sleep.

FYI: The US exchange rate is 1.18573 dollars at the moment. Therefore, at 1.18 per litre, the equivalent US per gallon becomes very simple.

It is 3.7854 US $ per gallon...

I think I saw on a different thread that people wer complaining about 2.50-2.75 gas.
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Old 08-31-2005, 01:15 PM   #47 (permalink)
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Quote:
Originally Posted by BigBen931
Aw, shit.

1.12 / ltr now. I am at a third of a tank and was thinking about filling up last night but got stuck working until 2230. I was too tired to fill up, and now tomorrow I will be too poor to sleep.

FYI: The US exchange rate is 1.18573 dollars at the moment. Therefore, at 1.18 per litre, the equivalent US per gallon becomes very simple.

It is 3.7854 US $ per gallon...

I think I saw on a different thread that people wer complaining about 2.50-2.75 gas.
Hell, we're going to Britain for 2 weeks starting this weekend and we're driving around for much of it. I'm too scared to look and see what price gas is over there right now!
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Old 08-31-2005, 01:23 PM   #48 (permalink)
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Just off Google:

Average price of Unleaded 95 petrol in the UK is: 89.0p

That's roughly Canadian 1.90/L
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Old 08-31-2005, 02:07 PM   #49 (permalink)
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Quote:
Originally Posted by Charlatan
That's roughly Canadian 1.90/L

FUUUUUUUUUUUUCK me that's steep.

I don't think they'll be taking down the little 1 in front of those numbers any time soon...
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Old 08-31-2005, 03:05 PM   #50 (permalink)
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Quote:
Originally Posted by Charlatan
Just off Google:

Average price of Unleaded 95 petrol in the UK is: 89.0p

That's roughly Canadian 1.90/L

Don't take this the wrong way but, drop dead. I didn't wanna know.

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Old 08-31-2005, 03:14 PM   #51 (permalink)
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I live in Miami, Fl. The gas is almost three dollars per gallon.
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Old 08-31-2005, 07:52 PM   #52 (permalink)
 
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1.349/L

.......
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Old 09-01-2005, 05:00 AM   #53 (permalink)
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1.30/L was the highest I saw this morning...



(sorry Highthief... look on the brightside .89 *looks* cheap... just ignore that its in pounds...)
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Old 09-01-2005, 09:21 PM   #54 (permalink)
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stupid lincoln... eats.. gas... must... resist touching the malibu.....
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Old 09-03-2005, 08:04 AM   #55 (permalink)
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1.34 here.

yikes. I put $30 in............got just over 1/4 tank. yikes.
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Old 09-04-2005, 07:27 AM   #56 (permalink)
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I live around Toronto and the gas prices flucuate between 1.25 and 1.40 per litre. The nearest Esso showed 1.34. This is going to a be a bummer once I start driving to school.
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Old 06-23-2008, 07:03 AM   #57 (permalink)
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*BUMP*

lol, what a joke?

Here in Oregon! its like 4.39 /gal

1.29 in Ontario! I guess it is not that bad!

it seems we are now used to it!
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Old 06-23-2008, 07:31 AM   #58 (permalink)
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conversion factors FTW! ...$1.29 per liter = $4.88 per gallon



Just yesterday I got a kick out of what one of the Arab oil ministers said about the "high price" of gas in the U.S. Basically he said "what are you complaining about?"...compared to the price of gas in Europe and many other parts of the world, the current price of gas in the U.S. is still probably not high enough to give adequate incentive for development of alternatives...though it seems we are creeping in that direction. Gas is still relatively cheap in countries that subsidize the price of gasoline...like Mexico, hence the growing number of people from the bordering U.S. driving down there to get gas and the tax on the Mexican people is paying for those lower prices.

Last edited by BadNick; 06-23-2008 at 07:39 AM..
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Old 06-23-2008, 09:37 AM   #59 (permalink)
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yea, i think in the UK, its rounding 10$ USD per gallon

whats the fuel efficiency of a golf cart?
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Old 06-23-2008, 09:44 AM   #60 (permalink)
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Quote:
Originally Posted by Seanland
...whats the fuel efficiency of a golf cart?

I suggest you ask uncle phil that question.
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Old 06-23-2008, 11:42 AM   #61 (permalink)
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Quote:
Originally Posted by BadNick
conversion factors FTW! ...$1.29 per liter = $4.88 per gallon



Just yesterday I got a kick out of what one of the Arab oil ministers said about the "high price" of gas in the U.S. Basically he said "what are you complaining about?"...compared to the price of gas in Europe and many other parts of the world, the current price of gas in the U.S. is still probably not high enough to give adequate incentive for development of alternatives...though it seems we are creeping in that direction. Gas is still relatively cheap in countries that subsidize the price of gasoline...like Mexico, hence the growing number of people from the bordering U.S. driving down there to get gas and the tax on the Mexican people is paying for those lower prices.

Ya, well Mr. Saudi Oil Minister can lube his butt with the black gold and shove it. Who care's what the relative prices are? it's always been more expensive in Europe, for some inexplicable reason. For everything. I remember when a can of Coke was $1 in Germany, while it was 50 cents here.

What's disconcerting is the speed at which the cost of gas has increased, and the resistance to it going down. For no apparent reason, there is an upward pressure on price, and Mr. Oil Minister blames it on speculation. He's probably right.


*** I bought discount gas this morning at $1.30/litre (87 octane). It's going for 1.33/litre everywhere. (converts to: $4.92 & $5.03 per US Gallon)

Last edited by Leto; 06-23-2008 at 11:45 AM..
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Old 06-23-2008, 12:48 PM   #62 (permalink)
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I love blaming the media!

Lets do that!

the media is essentially why the world is the way it is today.
Put it on the news, I'm sure someone was shot, a celebrity got married or someone just had a kid, can't forgot about something unimportant involving the government!

Last edited by Seanland; 06-23-2008 at 12:49 PM.. Reason: SPELLING
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Old 06-23-2008, 01:25 PM   #63 (permalink)
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my wife blames the high gas prices on the Bush administration...so add that to your bowl of soup
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Old 06-23-2008, 01:27 PM   #64 (permalink)
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Quote:
Originally Posted by BadNick
my wife blames the high gas prices on the Bush administration...so add that to your bowl of soup
Been there done that!

Quote:
Originally Posted by Seanland
http://www.whitehouse.gov/president/biography.html

Under Careers and Public Service
First One Listed -* Owner, oil and gas business

there is his greatest success and failure

and he has a new photo album, all those presidential pictures!

Look at Cheney's profile for more fun!

http://www.whitehouse.gov/vicepresident/vpbio.html

*Chief Executive Officer of the Halliburton Company
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Old 06-23-2008, 06:47 PM   #65 (permalink)
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At least Halliburton is spending some money on a prototype I'm working on...don't hold that against me, we impressed them...it will help find more oil in less time. I'm sure that will make them richer and pay a couple of my bills while they're at it.
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