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The Price Of Oil - Page 52

I have laid in a bit of dry goods flour rice and such. Have put in some meat as well as It has been on sale most of the spring. We just topped the dollar a liter again, looks like another kick in the crotch for a stumbling global economy.

Oil Price The

Good planning, krakyn. Times are getting tougher, not better. Gas is over $3.00/gallon here, now. Makes me want to invest in a bicycle, too.

The Price Of Oil History & Civil Business Politics

Pakistan petrol tax row continues

A lawyer challenges in court the Pakistan government's new petrol tax, the latest move in an escalating row over oil prices. Ref. Source 9

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Warning over global oil 'decline'

There is a "significant risk" that global production of conventional oil could "peak" and decline by 2020, a report suggests. Ref. Source 9

Oil Price The

I remember reading some reports that said we would hit max production of oil in 2012. If we have slowed down in our use of oil to stretch it out to 2020 that is good. We need to find other sources of energy before we run out of oil.

The Price Of Oil

Funny I read a report done by and independent research facility and it plotted based on the growth rate of the late 80's and they figured 2045 would be the price peak for oil and the point where the field will start to be considered running out.

I think this is a political move to try and drive people into thinking more seriously about electrical cars (A even bigger mistake in my opinion.) and alternative fuels.

Here is why; you claim shortage now you can decrease production driving the price up as the electric Hybrids start full production. Oil companies lose no revenue and they are now the ones doing the R&D in the electrical car which was feasible over ten years ago. I think it is the Air Quality political pressure that is driving this whole mess in the direction it is going.

On a positive note sugar might be a new fuel source and would boost the economy for some of our poorer countries.

The Price Oil - Page 52

On the verge of being US$80 a barrel I will hate to see the oil industry become heated again at our price.

The Price Oil Politics Business Civil & History - Page 52

It may go up to $100 a barrel before it goes down. I think it is going to be a interesting year as oil prices can keep the economy in dire straights if it starts to peak once again.