[KevO]

$this->bbcode_second_pass_quote('MrMambo', '')$this->bbcode_second_pass_quote('KevO', '
')
we've peaked haven't we?

[Newsseeker]

I think this definitely will be an interesting summer but the question is will it be a wakeup call?

[Nano]

$this->bbcode_second_pass_quote('Newsseeker', 'I') think this definitely will be an interesting summer but the question is will it be a wakeup call?

[KevO]

$this->bbcode_second_pass_quote('Nano', '')$this->bbcode_second_pass_quote('Newsseeker', 'I') think this definitely will be an interesting summer but the question is will it be a wakeup call?

[PraiseDoom]

$this->bbcode_second_pass_quote('KevO', '$')5 on the way

$this->bbcode_second_pass_quote('', 't')he U.S. raised concern gasoline might run short this summer.

[Nano]

$this->bbcode_second_pass_quote('KevO', '')$this->bbcode_second_pass_quote('Nano', '')$this->bbcode_second_pass_quote('Newsseeker', 'I') think this definitely will be an interesting summer but the question is will it be a wakeup call?

[Peak_Oil_Pat]

Also, if you're planning on stockpiling gas in your car's tank you might want to invest in a locking gas cap-since most gas caps these days are non-locking. People up in Canada are already starting to have problems with siphoning:
http://www.canada.com/theprovince/news/ ... b6c5f68616

Just imagine how much $$$ is in your tank with $5 gal gas, for me that'd be about $85.

Locking gas caps are cheap, I just got one for my Camry for $23.

[Mechler]

$this->bbcode_second_pass_quote('Mechler', '
')Here's the site where I bought the gaskets:
British Pacific

They're charging $2.75 per gasket (maybe it's a set of three?) which seems expensive, but there aren't too many alternatives.

[Sheb]

$this->bbcode_second_pass_quote('Mechler', '
')The gaskets arrived and provide a nice seal.

I plan on cycling through the stored gas often, so I don't have to deal with degradation problems.

[birchm]

$this->bbcode_second_pass_quote('KevO', 'w')e've peaked haven't we?

[DantesPeak]

The world does not have much in the way of strategic or commercial gasoline (and similar product) reserves. World transportation fuel demand started exceeding supply back in 2005, but it has basically taken about two years for the world transportation fuel inventories to be reduced to the point where this low inventory problem has become fairly obvious. During the time those few reserves were used up, it appeared that supplies were still sufficient. Supply shortfalls are not a reality that the energy industry wants to accept, and even now, analysts such as those at Petroleum Intelligence Weekly say those that predicting gasoline shortages this year are ‘hysterical’.

Here’s something from a writer for OPIS and Petroleum Intelligence Weekly talking about “hysterical rants and hyperbole” from the likes of – well, us here. Never mind that this person predicted lower prices, but now prices were recently more than 20 cents/gallon higher than April 6.

OPIS net

[pup55]

$this->bbcode_second_pass_quote('', 'T')he notion of gasoline futures shedding 53cts gal later this Spring might appear far-fetched at the moment, but be patient

[ColossalContrarian]

double post

[ColossalContrarian]

Not to get off-topic, maybe it's time for a Tom Klonza prediction/bashing thread??? Some of Tom’s other blog entries.

$this->bbcode_second_pass_quote('', 'T')he case for a nationwide $3.00 gal national average has been weakened substantially in the last week. We may be within a few pennies of the 2007 pre-hurricane season top, and I wouldn’t be surprised to see prices below $2.75 gal on the first day of Summer.

[billp]

$this->bbcode_second_pass_quote('', 'h')as a degree in English

[vision-master]

Back in it's day, I managed to write an entire software application using Dbase. It took me about 4 years as I didn't even now how to use DOS or a computer when I started. Yup, nothing better than teaching yourself.

[killJOY]

*cough, cough* [a brief off topic comment]:

I was an English major. I now teach writing as an adjunct. Projects include evolution and the bible . . . and peak oil.

That's just my job, it's not who I am. I consider myself more a farmer than anything else, albeit a tiny one.


(Signature is a quote from "Othello." billp: literature ain't "book learning.")

[pup55]

Note: The (sigh) was general, and not directed at English majors, but more aimed at the fact that this guy can be flamboyantly incorrect but still manage to have people come to his seminar in Vegas, and be a talking head on various TV networks, etc. etc.

I guess one of the things you learn after 25 years as an "industry analyst" is that if you are gloomy, rich people will not come to your seminars. Far better to be Mr. Sunshine.

[joewp]

Interestingly enough, the offices of the OPIS are about a 15 minute drive from my house. Do you think that if I stopped by with some material from Hubbert, ASPO, the Oil Drum, and even the recent EIA oil production numbers, he might lose his Mr. Sunshine facade and turn into a doomer?

Nah, probably not.

[Laurasia]

I was looking at the site 321energy today on my lunch break. In the article "Fireworks in the Energy Sector; Explosive Move to the Upside" by Joseph Dancy, it states:

While inventories dropped, demand for gasoline in the U.S. continues to climb to record levels. Demand increased year over year by more than 2.2% according to government data. Measured on a days of supply basis, the inventory level has dropped to just under 21 days of demand – the lowest level in the last 50 years.

This guy is also forecasting crude at well above $70.00 a barrel before July 4th.

I've sent out my standard gasoline alert emails to my sons (i.e. don't let your gasoline tank get below half-full before you top it up!).

There are times when I have to fight panic.

Regards,

L.