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Oil's imminent decline will impact us all

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True_Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 01:47 AM
Original message
Oil's imminent decline will impact us all
What if the price of a gallon of gas goes to $5 within a few years? What impact would it have on your life? Would you still take vacations by car? Would you be able to afford your commute to work? What would the cost increase in heating and cooling your home do to your budget?

A large jump in the price of oil would also translate into price increases for diverse products such as computers, -iPods, tires, deodorant, eyeglasses and heart valves.

So you think you might be able to afford an increase to $5 without too much suffering. OK, what if the price went to $10 a gallon in a few years? Or, say, in addition to a large price increase, the U.S. instituted a rationing program similar to what we used during World War II. Would you still be able to commute to a job 40 miles from your home? Or, more importantly, would you still have a job given the impact of these price increases on the economy?

Peak oil: These questions may seem strange, but experts are predicting that peak oil - the point when conventional oil extraction from the earth reaches its peak - will occur very soon. Many in the know are claiming that peak oil will occur between 2005 and 2010.

more.....
http://www.rockymountainnews.com/drmn/business/article/0,1299,DRMN_4_3829114,00.html
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Mythsaje Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 02:04 AM
Response to Original message
1. Actually
it would translate into price increases for anything not locally grown or produced simply due to the greatly increased cost of transportation.

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lebkuchen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 02:11 AM
Response to Original message
2. Meanwhile
Americans, who don't want to spend money on hotels while traveling, prefer to drag one behind them.

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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 02:11 AM
Response to Original message
3. We already hit Peak Oil - And I believe gas will be $5 w/in 2 yrs & that
inflation, the cost of goods, services etc will be so out of control along w/ the political situation in this country that life and the world as we know it will be over.

Watch what happens when Americans living their "American Dream" find its become a nightmare...
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NEOBuckeye Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 02:24 AM
Response to Reply #3
4. "What are you talking about? We'll just steal it from them Arabs!"
Typical uninformed, blind and ignorant American response. We will see how much longer people can deny reality, however, when it takes a paycheck a month just to fill up their SUV so they can travel back and forth between their suburban dream homes.

The United States is due for a nasty wake-up call. But actually, the sooner it comes, the better. Bush and Cheney need to get hit with the brunt of the public's anger.
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Wright Patman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 03:26 AM
Response to Reply #4
5. Blunting the brunt
is why they needed to pass the Patriot Acts and set up the total surveillance police state under the Homeland Security Act.

As elsewhere in the world, they have already hit the American public preemptively.
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 03:30 AM
Response to Reply #5
6. Insurgence, anyone?
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Pachamama Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-04-05 03:48 AM
Response to Reply #4
7. Just bought a wagon for the back of my bike...fits my 2 Pachababies
and I can put groceries in it too....easy biking to farmers mkt & grocery store....

We just sold the big house and are moving to a smaller house on a level lot w/ gardens and walking/biking distance to everything...looking into installing solar panels too....

Plan to have the car get cobwebs...and if there is ever a "new" car in our future, it will be a Prius...

Maybe more Americans in their McMansions in Suburbia driving their SUVs might want to take a good hard long look at "lifestyle"...
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