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To the 100-dollar oil barrel

Here in Holland by the way we pay more, we pay 1.46 Euro for a litre today


That´s about 7.18 dollars a gallon. Now let´s see you commute your Hummer!
 
oil will top out in the very low $70's. gas will likely hit an avg of $3.00 a gallon in the us in the next 12 months
 
Devastation said:
oil will top out in the very low $70's. gas will likely hit an avg of $3.00 a gallon in the us in the next 12 months
I see we have a member of the secret rulers society of the world amongst us, involved in the grand project of global manmade determinism :)

How much is a barrel today? What will cause it to top out and drop again?
 
I like the high prices. Roads have less traffic.
 
I used to be against this war

but now I say nuke the middle east and then pure extraction of oil.

and here's why that'd be alright:
1. It sucks there, its a fucken desert
2. I'd rather have my gas prices lower than be dependent on people I dont like
3. I dont like them
4. My SUV is pretty cool, goddamnit
5. There's a select few that wish us harm
 
MattTheSkywalker said:
I like the high prices. Roads have less traffic.
haha. a nice snobby friend of mine said something along those lines recently, said he wanted 15 dollar gallons, just so all the paupers in his way would piss off.

More likely though they´ll buy lots of annoying slow little hybrids and economy cars that make more annoying sounds.
 
MattTheSkywalker said:
I like the high prices. Roads have less traffic.


No they don't. $3.00, $5.00, $7.00 who cares. You live your life the way you live your life. These prices have changed nothing and they will continue to change nothing. Public transportation isn't an option in most of the US, people haven't slowed down one bit and hybrid cars aren't cheap enough to offset the cost to make it worth getting them.

It's just the man sticking it to you and there isn't a damn thing you can do about it. Sad fact.
 
Vicious cycle said:
No they don't. $3.00, $5.00, $7.00 who cares. You live your life the way you live your life. These prices have changed nothing and they will continue to change nothing. Public transportation isn't an option in most of the US, people haven't slowed down one bit and hybrid cars aren't cheap enough to offset the cost to make it worth getting them.

It's just the man sticking it to you and there isn't a damn thing you can do about it. Sad fact.

Not necessarily. Wait till you pay 7 dollars 20 a gallon like us. A lot of people, specially youths, only make long road trips if their car is filled with people to split the gas bill. If you travel a long distance alone, or with the two of you, you take public transportation and accept the often (not always) some longer travel time.

Even if what you say is true and public transportation is often not an option in the USA, people will still be more inclined to carpooling, bundling trips, etc

Also an increased demand for public transport should invoke an increase in supply...

In the end high gas prises rule. The richest like how now driving their huge gas spillers for no other reason than shits and giggles actually makes them stand out and how the roads are more free, the treehuggers rejoice that less fuel is burnt and the middle class, well who cares about the middle class, they are boring :Chef:
 
MattTheSkywalker said:
I like the high prices. Roads have less traffic.


See less SUVs on the road around here and light traffic as well..95 is still jammed pack Fri-Sunday....so glad i got rid of my Landcruiser back Memorial Weekend and kept my civic that i bought in 99...now its freaking $29 to fill it up...
 
Hiatussin said:
you get a lot of traffic jams in the Hamptons?


Not sure you would call in a jam - it's just a constant bumper to bumper. It's like getting off the mid town tunnel and getting to the LIE or BQE between 4-6pm on a Friday but all day long.

:rolleyes:
 
In reality, theres oil everywhere. The entire surface of the earth is covered in oil fields. People just pretend its scarce so they can charge you for it and use it for powerplay.

You could build a rig in your backyard and pump as much as you want. You just need the depth- therefor pro equipment- therefor - THEM

As schemes go, this one has been working like a charm :)
 
Hiatussin said:
Not necessarily. Wait till you pay 7 dollars 20 a gallon like us. A lot of people, specially youths, only make long road trips if their car is filled with people to split the gas bill. If you travel a long distance alone, or with the two of you, you take public transportation and accept the often (not always) some longer travel time.

Even if what you say is true and public transportation is often not an option in the USA, people will still be more inclined to carpooling, bundling trips, etc

Also an increased demand for public transport should invoke an increase in supply...

In the end high gas prises rule. The richest like how now driving their huge gas spillers for no other reason than shits and giggles actually makes them stand out and how the roads are more free, the treehuggers rejoice that less fuel is burnt and the middle class, well who cares about the middle class, they are boring :Chef:

This is just where we differ in opinion. Kids here in the United States will work their asses off just too drive around and look cool. You watch, traffic will still be at an all time high this Labor Day weekend. The prices will change nothing as far as the average American driver is conserned.

It's not that public trasportation it's usually isn't an option; it's rarely an option bro! The US is just so much bigger than European countries that they often don't unterstand the size difference. France for example is the largest west European country and still only about four-fifths the size of Texas. The cost of running a trolly, train or bus service to every po-dunk place in the US just isn't feasable.

It changes nothing.
 
Hiatussin said:
haha. a nice snobby friend of mine said something along those lines recently, said he wanted 15 dollar gallons, just so all the paupers in his way would piss off.

More likely though they´ll buy lots of annoying slow little hybrids and economy cars that make more annoying sounds.

Dude, once fuel cell technology becomes viable for vehicles, I am so there. It only takes me 5 - 10 minutes to get to work, depending on traffic, so fuel costs really have no effect on me as of now.

Zig
 
Vicious cycle said:
This is just where we differ in opinion. Kids here in the United States will work their asses off just too drive around and look cool. You watch, traffic will still be at an all time high this Labor Day weekend. The prices will change nothing as far as the average American driver is conserned.

It's not that public trasportation it's usually isn't an option; it's rarely an option bro! The US is just so much bigger than European countries that they often don't unterstand the size difference. France for example is the largest west European country and still only about four-fifths the size of Texas. The cost of running a trolly, train or bus service to every po-dunk place in the US just isn't feasable.

It changes nothing.

I have honestly never known anyone to drive a car just for fun or appearance. Note that I said drive- not own. I know lots of car enthousiasts who love their car and are proud of it. However I dont know anyone that just gets on the road with no other destination or purpose than "to drive".

Cyclists and moped riders do that and motorcycle clubs. not people in just cars. Unless maybe at a race course.

Isn´t Germany bigger than France?
I know either is smaller than Texas and yes, the USA is much less densely populated than any nation with a substantial well functioning public transport system. Well shit! why dont all 300 million of you just move into the same 5 or so states? Maybe you could actually get a senseful system going? Maybe you´d even lose enough of that low density population loneliness to stop sleeping in the fetal position embracing your rifles!

;)

I´ll gladly take over the land of the other 47 and be a supreme ruler over a nation of midgets in it.
 
Vicious cycle said:
No they don't. $3.00, $5.00, $7.00 who cares. You live your life the way you live your life. These prices have changed nothing and they will continue to change nothing. Public transportation isn't an option in most of the US, people haven't slowed down one bit and hybrid cars aren't cheap enough to offset the cost to make it worth getting them.

It's just the man sticking it to you and there isn't a damn thing you can do about it. Sad fact.

Bor, the price of gas makes zero difference to my lifestyle.

My company does a lot of work with the insurance industry, and every insurance company we work with is reporting a decrease in driving across all 50 states.

I don't know where you're getting your info about people not driving less, but I urge you to find a new source.
 
Hiatussin said:
In reality, theres oil everywhere. The entire surface of the earth is covered in oil fields. People just pretend its scarce so they can charge you for it and use it for powerplay.

You could build a rig in your backyard and pump as much as you want. You just need the depth- therefor pro equipment- therefor - THEM

As schemes go, this one has been working like a charm :)

I'm not so sure about that.

Oil is much more plentiful than we're led to believe - there are enormous deposits of oil shale in Canada and in the former USSR and other former Soviet republics.

The issue with getting oil from shale or from under the ocean is that it's very expensive to extract, and only worthwhile when the cost of oil is high. The price of oil drops if extraction goes up. So these resources remain largely untapped.
 
Hiatussin said:
How much is a barrel today? What will cause it to top out and drop again?
oil closed at $65.70 today. (that's US dollars because that's what oil is quoted in. not euros, or pesos, or yuans.) and what will cause it to top out? how about what's going to keep it going up? US inventories of crude are VERY high. however gasoline reserves have dipped. oil prices are not dependent on gas prices. its the other way around. there is plenty of oil in world inventories right now, and not just in the US. china specifically has HUGE inventories right now as it is believed by some that they have been hoarding an extra 3 million barrels of oil a day for the last six months. demand for crude has somewhat waned in the last few weeks. so again i ask, what is going to keep the price of oil going UP? we'll see high $50's before we ever see $80 oil.

as far as gas prices, they are high is due to the demand for that specific product. thre haven't been any new refineries built in this country for 30 years. now it's worthwhile to do so, but it would take almost 5 yrs to get one online to where it is actually producing a finished product and gives no price relief RIGHT now. your question is too simple and i'm not sure the person asking is well enough informed and sounds like some conspiracy theorist. t-boy is gone but i think he left his tinfoil hat around here somewhere :confused:
 
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