[shortonsense]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('shortonsense', '[')
$this->bbcode_second_pass_quote('vtsnowedin', '
') Six dollar plus gas in constant dollars makes many American suburban lifestyles untenable and for the majority of suburbs that no longer or never had working commuter train service the only options are packed buses or moving back into town.

[shortonsense]

$this->bbcode_second_pass_quote('sparky', '.')

An often ignored fact is that producing countries internal demand is rising
the number for oil produced are not the story ,
the story is the oil available to be exported

the most striking example is Saudi Arabia
in a recent speech Khalid A. Al-Falih
Saudi Aramco President and Chief Executive Officer stated

".... If no efficiency improvements are achieved, and the business is as usual, the oil availability for exports is likely to decline to less than 7 million barrels per day by 2028, a fall of 3 million barrels per day while the global demand for our oil will continue to rise. "

Riyadh, Saudi Arabia, April 19, 2010

http://wwwp.saudiaramco.com/irj/portal/ ... Apr19.html

[AirlinePilot]

$this->bbcode_second_pass_quote('shortonsense', '
')The solution is simple. Once someone is peak oil aware, as I became in 1979, you never, ever, EVER put yourself in a position to be victimized by an obvious consequence of "running out", or "peak oil", or "resource depletion" of crude.

[vtsnowedin]

$this->bbcode_second_pass_quote('shortonsense', '[')Lets examine your example closer. 28,800 miles a year commuting, 20 mpg, 1440 gallons a year. @$2/gal its $2880, @$6/gal its $8640. So someone in this situation just lost $5760/year. Did you realize that in those 30 years of commuting, you lost 2 years of your life sitting in a car? Anyway, lets do something wild and crazy! Buy a different car! 20mpg? Thats AWFUL! Can you ride a scooter? Motorcycle?

Each person has a different economic breaking point, a point at which they MUST do something. I'm not saying that everyone will LIKE the "something", if there was no pain involved, humans wouldn't do diddly. We'd all sit around eating cheeto's because we can.

But at the end of the day, a peak oil aware person can do all sorts of things beyond becoming Amish. We live close to work, a wonderful prep. We drive fuel efficient cars, or motorcycles, a short distance, limiting the impact of fuel prices.We live in efficient and easy to heat spaces, near everything we need (in suburbia), including mass transit.

30 years of commuting? That means you certainly saw the effects of global peak oil in 1979, whatever led you to decide that huge commuting was ever a good idea after that mess?

[shortonsense]

$this->bbcode_second_pass_quote('AirlinePilot', '')$this->bbcode_second_pass_quote('shortonsense', '
')The solution is simple. Once someone is peak oil aware, as I became in 1979, you never, ever, EVER put yourself in a position to be victimized by an obvious consequence of "running out", or "peak oil", or "resource depletion" of crude.

[AirlinePilot]

Im 49 years old Short and yes I remember the "crisis". What your refusing to remember is that it was man made, political, "above ground". It was NOT resource constraint related. I lived through the gas lines for those few weeks/months and then it was all over. Happy motoring and very cheap fuel all returned quickly.

[vtsnowedin]

$this->bbcode_second_pass_quote('AirlinePilot', 'I')m 49 years old Short and yes I remember the "crisis". What your refusing to remember is that it was man made, political, "above ground". It was NOT resource constraint related. I lived through the gas lines for those few weeks/months and then it was all over. Happy motoring and very cheap fuel all returned quickly.

[shortonsense]

$this->bbcode_second_pass_quote('AirlinePilot', 'I')m 49 years old Short and yes I remember the "crisis".

[shortonsense]

$this->bbcode_second_pass_quote('vtsnowedin', ' ')The next crisis will be different as when they go to open the taps back up there will not be enough coming out to meet demand no matter who is turning the tap. That's when it will get interesting.

[sparky]

.
To shortonsense

"Are these the same Saudi's who were asking for handouts from the rest of the world as the rest of the world used less of their product in 2008? Interesting how fast their worm turns, isn't it? "

Not quite , in 1999 , the quoted price of oil dropped to 14$ a barrel ,
the Saudis had a liquidity squeeze , so did Russia and Mexico .
Texas wasn't a happy place either
The net result is that exploration collapsed , leading to the recent boom in price
The Kingdom has always ( at least for the last decade ) argued for a fair price
should they choose to get oil at 90~100$ a barrel they could probably do it by cutting their production to 5 MbD

I lived through the oil embargo following the Yom Kippur war ,it showed Opec countries that they could double their prices and not loose one customer ,
the subsequent prices increase as advocated by the Shah of Iran and Algeria in particular , drove the world economies over the cliff
growth returned when the prices dropped , thanks in large part to Saudi Arabia pumping oil out like there was no tomorrow

All through , the Kingdom has been very moderate on price

I'm always amazed at the obsession of U.S. posters with the price of gas , that's a minor side of dearer oil , of course everybody can feel it but the transportation industry and manufacturing are the real issue

.

[AirlinePilot]

$this->bbcode_second_pass_quote('vtsnowedin', 'Y')es that 73 one was about OPEC getting organized and flexing its muscle. But the happy motoring was screwed up for years with the 55 mph speed limit. The next crisis will be different as when they go to open the taps back up there will not be enough coming out to meet demand no matter who is turning the tap. That's when it will get interesting.

[shortonsense]

$this->bbcode_second_pass_quote('sparky', '.')
The net result is that exploration collapsed , leading to the recent boom in price

[vtsnowedin]

$this->bbcode_second_pass_quote('AirlinePilot', '')$this->bbcode_second_pass_quote('vtsnowedin', 'Y')es that 73 one was about OPEC getting organized and flexing its muscle. But the happy motoring was screwed up for years with the 55 mph speed limit. The next crisis will be different as when they go to open the taps back up there will not be enough coming out to meet demand no matter who is turning the tap. That's when it will get interesting.