[ColossalContrarian]

$this->bbcode_second_pass_quote('DantesPeak', ' ')Most economists rountinely state that the effects of wholesale price increases take two years to be fully reflected at the retail level.

[KillTheHumans]

$this->bbcode_second_pass_quote('AgentR', '')$this->bbcode_second_pass_quote('KillTheHumans', 'P')eople driving less isn't a precursion to Doom, its a precursor to people demanding the replacement for ICE powered transport.

[joewp]

This is what less driving is doing to my area:

Economy Keeps Jersey Shore Travelers At Bay
$this->bbcode_second_pass_quote('', '
')Shore towns and businesses usually get a good indication from Memorial Day how they'll fare the rest of the season. The beautiful weather has many thinking it may well be a good one.

But with so many rentals still available on the shore, that may not be the case. Many beach-goers say it wasn't much of a problem finding a great deal on a house at the shore.

"It was $11,500 this summer, which was reasonable – a house 12 blocks from the beach," said Belmar renter John Candiano.

And they say there were a lot of homes to choose from.

"Rentals have been down year after year, but there are a lot of vacancies this year," said realtor Steven Weckstein.

And realtors say some owners are willing to take much less this season for their rentals.

"I'd say around 10 to 20 percent because they'd rather have someone in the house than leave it vacant," said Weckstein.

One landlord told CBS 2 he's getting 25 percent less for his rental. He owns 65 properties.

"Lake Como and Belmar areas are extremely soft," he said.

[DantesPeak]

Optimists take note: US industrial production of consumer goods was already falling year over year in April.

See page 8 of this report:

US Industrial Production

Energy consumption is closely coorelated to industrial production. Falling miles driven means less economic activity.

However total gasoline consumed is falling much slower due to less efficiency (use of ethanol), net larger vehicles, and increasing suburbanization.

[KillTheHumans]

$this->bbcode_second_pass_quote('joewp', '
')I think people like jbeck, OF2, KTH and JD have blinders one that won't let them see the insidious nature of what we're headed into.

[mos6507]

$this->bbcode_second_pass_quote('KillTheHumans', '
')That Prius just SCREAMS "look at me!!!".

[KillTheHumans]

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('KillTheHumans', '
')That Prius just SCREAMS "look at me!!!".

[emersonbiggins]

$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('KillTheHumans', '
')That Prius just SCREAMS "look at me!!!".

[Byron100]

Some thoughts about the demise of the tourism "industry"...is it really worth shedding tears over the loss of such a useless economic activity? I think not. Tourism jobs don't pay squat, and makes the cost of living unaffordable for local residents. Imagine how Key West would be like if all the tourists went away? Exactly, a quaint little fishing village filled with $20,000 shacks, which is how it SHOULD be. And one big, huge incentive I have to living to a nice old age is seeing the demise of Disney World in central Florida, and seeing that land go back to nature...to me, that would be like witnessing a miracle of God.

End of tourism because people can no longer afford to take road trips...that suits me just fine. The coming of Peak Oil certainly does have its benefits, for sure.

(Wanna know why I hate tourists so much? I lived in Florida for 13 years...you have no idea...you really don't. Oh, the level of hate I harbored towards them....LOL).

[joeltrout]

$this->bbcode_second_pass_quote('Byron100', '
')
(Wanna know why I hate tourists so much? I lived in Florida for 13 years...you have no idea...you really don't. Oh, the level of hate I harbored towards them....LOL).

[Narz]

$this->bbcode_second_pass_quote('Drifter', 'A')nd you think this site is just a bunch of doomers? Not even close. You want real doom? Look here:

doom link 1
doom link 2

[misterno]

$this->bbcode_second_pass_quote('frankthetank', 'S')ay bye bye to the tourism industry.

[joeltrout]

$this->bbcode_second_pass_quote('misterno', '')$this->bbcode_second_pass_quote('frankthetank', 'S')ay bye bye to the tourism industry.

[KillTheHumans]

$this->bbcode_second_pass_quote('emersonbiggins', '
')
...as mainstream as a car constituting 1% of all auto sales can be.

[KillTheHumans]

$this->bbcode_second_pass_quote('Narz', '')$this->bbcode_second_pass_quote('Drifter', 'A')nd you think this site is just a bunch of doomers? Not even close. You want real doom? Look here:

doom link 1
doom link 2

[TheDude]

$this->bbcode_second_pass_quote('joeltrout', '')$this->bbcode_second_pass_quote('misterno', '')$this->bbcode_second_pass_quote('frankthetank', 'S')ay bye bye to the tourism industry.

[jbeckton]

$this->bbcode_second_pass_quote('DantesPeak', '
')Who said anyway that the US would immeadiately go into a depression? Can you quote just one person who said the US would immeadiately go into a recession when oil reached a certain price?

[DantesPeak]

$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('DantesPeak', '
')Who said anyway that the US would immeadiately go into a depression? Can you quote just one person who said the US would immeadiately go into a recession when oil reached a certain price?

[jbeckton]

$this->bbcode_second_pass_quote('joewp', '
')I think people like jbeck, OF2, KTH and JD have blinders one that won't let them see the insidious nature of what we're headed into.

[jbeckton]

$this->bbcode_second_pass_quote('DantesPeak', '
')The US economy still hasn't completely repriced goods and services to $50 oil.

You're rushing things.

Because the price rise in oil has accelerated over the last year, we can look forward to an accelerated economic decline over the next two years (barring some unexpected drop in the price of oil).