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What price of oil is too high for society to afford?

General discussions of the systemic, societal and civilisational effects of depletion.

Re: What price of oil is too high for society to afford?

Unread postby MonteQuest » Mon 27 Oct 2014, 10:20:54

$this->bbcode_second_pass_quote('vtsnowedin', ' ') Single occupant "happy motoring" should and most likely will end. Car pooling to work will become economically mandatory and many will move their households to within walking distance of their jobs. Walking to work will improve the obesity rate and reduce healthcare costs.


Since one out of every six jobs is tied to the auto industry, stopping "happy motoring" will result in massive layoffs. Where the dominoes will stop toppling, no one knows.

Conservation is reduced economic activity which causes recession and depressions.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Re: What price of oil is too high for society to afford?

Unread postby MonteQuest » Mon 27 Oct 2014, 10:35:37

$this->bbcode_second_pass_quote('vtsnowedin', 'I') doubt that anyone in China is making better use of a gallon of fuel then a farmer in Iowa is.


On the contrary, developing nations get far more bang for the buck out of a gallon of gas. The vast majority of the world uses very little oil, and aspires to higher standards of living. When the price goes up, they don't much care...the ends more than justify the means.

$this->bbcode_second_pass_quote('', 'O')il demand growth in China, in India, and across Asia and South America in the face of record-high oil prices may at first be counterintuitive. But consider the consumption patterns in developed countries. Developed countries consume a lot more oil than they really need because they have more discretionary consumption. Thus when oil prices rise, consumers in developed countries make a few lifestyle changes—driving fewer miles, buying more fuel-efficient cars, using more mass transportation, etc.—and oil consumption falls.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Re: What price of oil is too high for society to afford?

Unread postby ROCKMAN » Mon 27 Oct 2014, 12:12:43

"Car pooling to work will become economically mandatory ". Way too much emphasis on the percentage of fuel used for commuting to work. Houston has a lot of folks on the road at rush hour. We also have a piss poor public transportation system. But that pales in comparison to the traffic on the roads the other 20 hours of the day. And virtually none of those folks are traveling from the same daily origin to their destination. I can only make a WAG but I doubt much more then 10% of motor fuel used here is consumed by commuting workers.
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Re: What price of oil is too high for society to afford?

Unread postby ROCKMAN » Mon 27 Oct 2014, 13:49:21

According to the EIA US gasoline consumption peaked in 2007 and decreased 5.9% through 2013. So a bit of a pull back over THE LAST 6 YEARS. But considering the great majority of US oil consumption is via motor fuels not as big a drop in consumption as one might expect.
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