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Bloomberg Markets: the end of the oil age

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bloomberg Markets: the end of the oil age

Unread postby shortonsense » Thu 25 Feb 2010, 23:12:13

$this->bbcode_second_pass_quote('pstarr', 'D')on't you just love the way these bots dig up old threads?


I think some of them are great. Apparently, the oil age has been ending for at least 2 years now. Others might say 5 of course, but Bloomberg and the MSM appear to have more credibility as of late.
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Re: Bloomberg Markets: the end of the oil age

Unread postby yesplease » Fri 26 Feb 2010, 00:09:30

Two? Five? Pshhh... Try thirty. ;)
$this->bbcode_second_pass_quote('Professor Membrane', ' ')Not now son, I'm making ... TOAST!
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Re: Bloomberg Markets: the end of the oil age

Unread postby Blacksmith » Fri 26 Feb 2010, 01:07:33

Hindsight is 20/20.
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Re: Bloomberg Markets: the end of the oil age

Unread postby shortonsense » Fri 26 Feb 2010, 09:48:49

$this->bbcode_second_pass_quote('yesplease', 'T')wo? Five? Pshhh... Try thirty. ;)


How inaccurate of me, you sir, are, of course, completely correct. I might venture 40, based on when cheap oil ended.
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Re: Bloomberg Markets: the end of the oil age

Unread postby shortonsense » Fri 26 Feb 2010, 09:49:39

$this->bbcode_second_pass_quote('Blacksmith', 'H')indsight is 20/20.


But hindsight is what we have to tell us when peak happened, or the oil age ended.
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Re: Bloomberg Markets: the end of the oil age

Unread postby mcgowanjm » Fri 26 Feb 2010, 11:53:38

$this->bbcode_second_pass_quote('shortonsense', '')$this->bbcode_second_pass_quote('Blacksmith', 'H')indsight is 20/20.


But hindsight is what we have to tell us when peak happened, or the oil age ended.


Nope. SocioEconomic Collapse gives us a real time report.
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Re: Bloomberg Markets: the end of the oil age

Unread postby shortonsense » Fri 26 Feb 2010, 20:32:05

$this->bbcode_second_pass_quote('mcgowanjm', '')$this->bbcode_second_pass_quote('shortonsense', '')$this->bbcode_second_pass_quote('Blacksmith', 'H')indsight is 20/20.


But hindsight is what we have to tell us when peak happened, or the oil age ended.


Nope. SocioEconomic Collapse gives us a real time report.


Well, that might be your opinion, but you are not one of the true Prophets of Peak. Besides, socio eco collapse is easy, a small comet could cause that and it certainly has nothing to do with peak oil.
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Re: Bloomberg Markets: the end of the oil age

Unread postby phaster » Fri 26 Feb 2010, 23:43:44

$this->bbcode_second_pass_quote('MrBill', 'm')os6507 wrote:
$this->bbcode_second_pass_quote('', 'T')esla, Fisker, Aptera, and BYD.


Tesla has a minimum purchase price of $92,000, so I really do not see it taking much market share away from the majors?


the 92k was for the first production cars, actual price is now over 100k

anyway a few months ago got a chance to check out a tesla, pretty neat car but kinda impractical IMHO. The reason I say impractical is because its really low to the ground so getting into and out of the tesla is akin to a minor yoga move, which might get old real quick. The other disadvantage I noticed is since its real low to the ground ya really have to be careful driving on streets with that have pot holes ya could really do some damage to the front air dam. Also going over rail road tracks crossing I notice ya also want to be careful, same goes for speed bumps and drive way ramps.

On the other hand the acceleration is amazing, on a good road (i.e. nice straight away with no pot holes) using a stop watch noticed it would do 0 to 60 MPH (about 100 km/hr) in under 4 seconds!

BTW here is an interesting report I just heard...

There are many reasons why families face foreclosure, like loss of income or rising health care costs. But several new studies show there's another factor closely linked with foreclosure rates: gas prices

http://marketplace.publicradio.org/display/web/2010/02/25/pm-commuter-foreclosures/

the more I look into this economic mess, the more I'm convinced that we're now in a post "peak expectations" economic climate at least here in the USA. In other words the rise of the huge middle class that characterized the 1950's to the 1990's in the United States first by use of industrial production, then start of the double income house hold (i.e. women entering the work force), and the maxing out of credit pretty much means the "american dream" of living large is going to be replaced with the harsh reality of waking up to the real world when people have to live within their means!
truth is,...

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Re: Bloomberg Markets: the end of the oil age

Unread postby WildRose » Sat 27 Feb 2010, 00:09:20

$this->bbcode_second_pass_quote('phaster', '
')the more I look into this economic mess, the more I'm convinced that we're now in a post "peak expectations" economic climate at least here in the USA. In other words the rise of the huge middle class that characterized the 1950's to the 1990's in the United States first by use of industrial production, then start of the double income house hold (i.e. women entering the work force), and the maxing out of credit pretty much means the "american dream" of living large is going to be replaced with the harsh reality of waking up to the real world when people have to live within their means!


And that's when we'll see what the real economy is, IMO. When purchases can't be made on credit, we'll know which businesses will survive and
which ones won't. The economy will no longer be buoyed by easy credit, it will shrink, and a lot of people will lose their jobs in retail and services, at least
that's my prediction. :) But each family should then be able to determine what is really important to them (what they can do without) and may begin to
save some of their money (pay themselves first), like our grandparents did.
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Re: Bloomberg Markets: the end of the oil age

Unread postby TreebeardsUncle » Sat 27 Feb 2010, 14:05:31

It is cars that need to go and tv etc.
g
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Re: Bloomberg Markets: the end of the oil age

Unread postby Ludi » Sun 28 Feb 2010, 10:40:29

$this->bbcode_second_pass_quote('TreebeardsUncle', 'I')t is cars that need to go and tv etc.
g



Why TV, because it supposedly makes people buy things they don't need?
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