The situation at the end of Q1 2008 : Peak Oil Discussion - Page 2

Re: The situation at the end of Q1 2008

by Tyler_JC » Mon 07 Apr 2008, 12:54:37

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('Tyler_JC', '
')High oil prices makes private transportation impractically expensive for the masses. Everyone moves into town in order to cut down on transportation expenses.

The percentage of people's income spent on gas is still low enough that the pain of gas prices is largely psychological right now, and can be temporarily mitigated through cutting spending elsewhere.

We're really still a pretty long way off from people becoming economically stranded by gas prices. I now some are, but only those with distressed financial situations.

I was making a general statement about the future.

I think that high gasoline prices are here to stay. The economics of the long commute are slowly unraveling.

Peak Oil is already starting to cause slight societal changes, it will eventually result in major changes. But none of those changes are civlization-busters in my opinion.

"www.peakoil.com is the Myspace of the Apocalypse."

The situation at the end of Q1 2008

Re: The situation at the end of Q1 2008

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