Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on July 15, 2008

Bookmark and Share

Gas Lines Coming This Fall

Gas lines are not hard to find. This fall, you will likely see them at your local gas station:

There were spot shortages during the 2007 harvest in North and South Dakota.
A home heating oil crisis will occur when cold weather forces empty tanks to be filled.
Increasing mortgage foreclosures illustrate that people are choosing between their cost of commuting to work and house payment.
Fuel and food riots occur where people that cannot borrow or buy oil (examples):
June 13, 2008, 2 people killed in fuel riots in Spain and Portugal.
July 12, 2008, 13 people killed in fuel riots in Yemen.
The purpose of this essay is to highlight petroleum inventory issues likely to cause shortages this fall. Several events can create instant, grave shortages. Following is an incomplete list of known risks.

SeekingAlpha



Leave a Reply

Your email address will not be published. Required fields are marked *