[thuja]

Well to look at the forums these days- it would be hard to see that this is a forum about...well...Peak Oil. Yeah its all connected man...but oil and energy talk sure is sparse around here these days.

Can we call this place PeakCredit.com now?

[eastbay]

Yeah, I hear ya. Forget peak oil.

I wanna talk about the snow instead.

It's always nice when it snows in Portland, isn't it? It's expected to reach near 10 degrees here after the cold moisture passes Monday!

The kids are really excited... it's almost like an early Christmas! Plus, they just may get another day or two off due to snow and ice!

I told them maybe we could go to the river and see the ice flow by.

[Tyler_JC]

$this->bbcode_second_pass_quote('thuja', 'W')ell to look at the forums these days- it would be hard to see that this is a forum about...well...Peak Oil. Yeah its all connected man...but oil and energy talk sure is sparse around here these days.

Can we call this place PeakCredit.com now?

[eastbay]

Oh I'm not so sure we're straying away from peak oil.

It seems to me that over these past four years we've always had a plethora of various divergent topics under discussion.. some under heated discussion too.

Naw... it just seems like that because this new economic problem hit so fast and deep it's on everyone's mind a lot, so it's the topic du jour.

Peak oil is still alive, well, and remains the most favored topic around this joint.

But this snow thing is really neat. We just don't get much around here, about three inches each of the past two years, but we're supposed to get nailed by quite a bit starting in an hour or so.

[thuja]

$this->bbcode_second_pass_quote('eastbay', 'Y')eah, I hear ya. Forget peak oil.

I wanna talk about the snow instead.

It's always nice when it snows in Portland, isn't it? It's expected to reach near 10 degrees here after the cold moisture passes Monday!

The kids are really excited... it's almost like an early Christmas! Plus, they just may get another day or two off due to snow and ice!

I told them maybe we could go to the river and see the ice flow by.

[thuja]

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('thuja', 'W')ell to look at the forums these days- it would be hard to see that this is a forum about...well...Peak Oil. Yeah its all connected man...but oil and energy talk sure is sparse around here these days.
Can we call this place PeakCredit.com now?

[eastbay]

$this->bbcode_second_pass_quote('thuja', '')$this->bbcode_second_pass_quote('eastbay', 'Y')eah, I hear ya. Forget peak oil.
I wanna talk about the snow instead.
It's always nice when it snows in Portland, isn't it? It's expected to reach near 10 degrees here after the cold moisture passes Monday!
The kids are really excited... it's almost like an early Christmas! Plus, they just may get another day or two off due to snow and ice!
I told them maybe we could go to the river and see the ice flow by.

[Carlhole]

[align=center][/align]

Alexa

[Carlhole]

[align=center][/align]

[pedalling_faster]

$this->bbcode_second_pass_quote('eastbay', 'I') wanna talk about the snow instead. It's always nice when it snows in Portland, isn't it? It's expected to reach near 10 degrees here after the cold moisture passes Monday!

[Tanada]

$this->bbcode_second_pass_quote('pedalling_faster', '')$this->bbcode_second_pass_quote('eastbay', 'I') wanna talk about the snow instead.
It's always nice when it snows in Portland, isn't it? It's expected to reach near 10 degrees here after the cold moisture passes Monday!

[vtsnowedin]

I would put forth that all the threads about the economy and food are peak oil related.
Last summer oil went to 145/bl and gas went above $4.00/gallon and the cost of filling up an SUV went above $100 per tank full. Becoming peak oil aware for the first time many Americans that were commuting to work in an SUV (they were upside down on the loan on or close to it) cut back on driving and discretionary spending especially eating out at resturants and sports bars. This led to a major drop in income to the staff and waitresses who work there and more then a few of them could no longer pay the mortgages on their homes which they had bought with ARMs and teaser rate mortgages. This led to an increase in the default rate beyond what the banking industry was capable of dealing with as they had relied on CDSs and Fanni and Freddi to insure all loans no matter how stupid they were at inception. This house of cards was built on the foundation of the community reinvestment act which forced the banks to extend credit to people without a credable ability to pay back the loan as in a waitress working for tips in variable volume business. As the default rate began to rise the accountants began to figure out their true exposure and panic set in. The government tried to step in but only made it worse by bailing out F&F but letting Leman Bros. go under throwing into doubt the soundness of many financial investment strategys and many investers stated withdrawing from the stock market and moved into government bonds and precious metals. This dropped the stock market 35% which made many retirement funds and college endowments under funded and caused many construction projects to be cancelled or postponed, which along with the now frozen credit market halted almost all car sales driving the big three into bankruptcy, which will throw two million people out of work and out of their homes shortly.
I don't know where this ends but you get the idea. If oil hadn't gone to 145 for what ever reason this chain of disaster might not be happening at least not now and such economic chaos was always perdicted by peak oil and will probably repeat itself the next time world demand exceeds production capability.

[Tyler_JC]

It looks like the chart of Youporn.com page views is remarkably similar to the oil price chart.

Correlation or causation? You decide.

I think we need to start worrying about Peak Porn.

[PrairieMule]

$this->bbcode_second_pass_quote('Tyler_JC', 'I')t looks like the chart of Youporn.com page views is remarkably similar to the oil price chart.
Correlation or causation? You decide.
I think we need to start worrying about Peak Porn.

[Tyler_JC]

$this->bbcode_second_pass_quote('PrairieMule', '')$this->bbcode_second_pass_quote('Tyler_JC', 'I')t looks like the chart of Youporn.com page views is remarkably similar to the oil price chart. Correlation or causation? You decide. I think we need to start worrying about Peak Porn.

[thuja]

LOL- yeah that is a fairly brilliant post Prairie Mule.

Anyways- Eastbay- we got our snow but its not too fun. Its so cold and windy out there its not really enjoyable walking around. I couldn't find chains to my tires today so I walked to work (2 miles). Not too bad...

Oh and this has to do with Peak Oil because after the oil shortages we'll all be walking to work...

[eastbay]

Well, here in east county we had about one inch of show, which fell mostly between 9am and around noonish. None since then, although I understand it's still coming down west of the river.

It's now 22 degrees overlooking the gorge, and we're getting steady 20 mph winds with gusts into the 40's. A bit nippy.

What does this have to do with peak oil? Easy. There's hardly any cars on the roads out here. Less driving means reduced demand, leading to more supply buildup, which leads to lower oil prices, which causes those reaching for high hanging costly fruit to give it up. The cheaper oil will get depleted faster and this will in time lead to lower supply which will cause an astounding and utterly shocking run up in oil prices fairly soon.

Do I have that right??


Hey, we just had a 47 mph gust!!