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PeakOil is You

PeakOil is You

Energy costs and ramifications Post 2007/2008

What's on your mind?
General interest discussions, not necessarily related to depletion.

What do you think will happen?

Poll ended at Sun 17 Apr 2005, 16:12:50

It is impossible to know because the premise could be wrong. URR is not known and speculation at this stage is futile
1
No votes
Your premise is wrong. Campbell and others have been wrong many times before and they are likely to be wrong again
2
No votes
Some other event (terrorism, major US recession) is likely to kick in before we hit the production peak, thereby pushing out the peak date
5
No votes
Energy prices will rise to a high enough level as to spur a huge push to alternates. More questionable reserves will be exploited and demand will be forced to stay in check with supply
5
No votes
Energy prices will rise at significant rates, which in conjunction with other factors (such as raising interest rates) will lead to a significant global recession
22
No votes
Energy prices will rise at hyper inflated rates leading to a depression
7
No votes
Once the cat is out of the bag (PO well known), all hell breaks loose as countries scramble for resources.
8
No votes
 
Total votes : 50

Re: Energy costs and ramifications Post 2007/2008

Unread postby PenultimateManStanding » Mon 02 Jun 2008, 20:13:57

$this->bbcode_second_pass_quote('medicvet', '
')http://bangornews.com/news/t/city.aspx? ... zoneid=176


Holy crap! 46,000 out of 118,000 electricity customers given disconnection notices. That's almost 40% I note that they won't disconnect if you 'make an effort' to pay. I suppose a lot of people will pay 20, 30% of their bills to keep from being disconnected until winter simply because they have no choice. These power companies are going to go bankrupt just like the ones in Asia who have to pay the going rate for energy but can't sell at above the State mandated price level. btw, I'm sure the folks who run those power utilities in Maine are quite upset about this too. They live there, it's their home too. They're between a rock and a hard place.
Turn those Machines back On! - Don Ameche in Trading Places
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Re: Energy costs and ramifications Post 2007/2008

Unread postby midnight-gamer » Sat 05 Jul 2008, 16:46:02

$this->bbcode_second_pass_quote('', '
')Holy crap! 46,000 out of 118,000 electricity customers given disconnection notices.

Well, that sounds severe!
I use a Japanese, indoor kerosene heater that keeps my rooms with pipes warm. It cost maybe $600-700 last winter for 200 gallons. That helps keep bills lower than most of my neighbors during the winter. I wonder how much waste the 40% could cut out?
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