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#1 2007-10-19 12:50 am
- Hank Rearden
- Watch your step
- From: Republic of Western Canada
- Registered: 2001-04-18
- Posts: 7044
- Website
$100/bbl oil
...'cause that's where it's going.
Awhile back people were saying "if the US attacks Iran, there'll be $100/bbl oil!!!"
Now, without and attack, that's where it almost is (it hit $90 today).
That, plus the real estate crash, plus zillions in loans held by the Chinese, plus the tanking dollar....
...hoooooo boy!
The only good thing is, a war will be too expensive to run.
The only bad thing is, desperation can cause wars.
Thoughts?
The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-
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#2 2007-10-19 12:54 am
- ShnickyShnack
- ::: title edited due to Satanic influences :::
- From: Rockin' out
- Registered: 2001-05-25
- Posts: 22237
Re: $100/bbl oil
Too expensive? What's too expensive? Nothing's too expensive! Just run up the credit card some more. Better than that, it's a credit card in which the customer sets the credit limit (and keeps extending it)!
Note: please delete this post.
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#3 2007-10-19 8:54 am
- [Tycho?]
- As Elusive As Doubt
- From: May the best sentience win
- Registered: 2000-06-19
- Posts: 3210
Re: $100/bbl oil
If the US attacks Iran the first thing I'll do is take my money out of the bank, and possibly use it to buy a brick of gold or something.
I could bore you with a philosophical tirade about freedom and tyranny, or try and explain to you what new horizons are suddenly open to me, but I doubt you would understand and if you did it might frighten you. That amuses me.
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#4 2007-10-19 8:57 am
- sturner
- Royal High Poobah
- Moderator
- From: Carrollton, TX USA
- Registered: 2000-01-31
- Posts: 13831
Re: $100/bbl oil
My oil royalties are getting bigger every month.
And I am not being facitious.
I'm not dead yet.
There are 3 types of people, those who can count and those who can't.
"There are few things graven in stone, excepting your date of death."
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#5 2007-10-19 9:01 am
- ShnickyShnack
- ::: title edited due to Satanic influences :::
- From: Rockin' out
- Registered: 2001-05-25
- Posts: 22237
Re: $100/bbl oil
In all fairness, though, I don't think it's guaranteed that high oil prices will spell our doom. We've had consistently high prices for a number of years now, and conventional wisdom says that should've triggered a recession, which it hasn't.
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#6 2007-10-19 10:52 pm
- Hank Rearden
- Watch your step
- From: Republic of Western Canada
- Registered: 2001-04-18
- Posts: 7044
- Website
Re: $100/bbl oil
It is interesting that it hasn't... yet. But, I don't see prices going down anytime soon. A trends a trend... and all that. So, recession may still come along.
The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-
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#7 2007-10-19 11:26 pm
- Pariah
- James Carville Fan..
- From: Belly Of The Beast, Oklahoma!
- Registered: 2001-05-24
- Posts: 18425
Re: $100/bbl oil
I spend about $20 a week on gas. Even a 100% increase in the price wouldn't cramp my style a bit.
"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama
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#8 2007-10-20 12:22 am
- jerwin
- Sophist
- From: The Garden of Pure Ideology
- Registered: 2003-01-01
- Posts: 7089
Re: $100/bbl oil
I spend $0. But I have noticed that food prices have gone up considerably.
Some subjects actually enjoy pain, and withhold information they might otherwise have divulged in order to be punished.
Central Intelligence Agency. (1983). Human Resource Exploitation Training Manual
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#9 2007-10-20 3:26 am
- MrJ in OZ
- Come and get one in the yarbles.
- From: paradise
- Registered: 2005-02-04
- Posts: 3458
Re: $100/bbl oil
Ah.. the mass hoax of credit, which is actually debt.
*Fallacy at its zenith kids.* "Who is this "we" you keep talking about? What price have "you" paid for this war? Blah, Blah. Its hardly a "we" proposition."
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#10 2007-10-20 3:27 am
- MrJ in OZ
- Come and get one in the yarbles.
- From: paradise
- Registered: 2005-02-04
- Posts: 3458
Re: $100/bbl oil
Im loving it. Ive been praying for oil to over shoot $100 a barrel for 2 years already.
*Fallacy at its zenith kids.* "Who is this "we" you keep talking about? What price have "you" paid for this war? Blah, Blah. Its hardly a "we" proposition."
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#11 2007-10-20 4:36 am
Re: $100/bbl oil
Thank god I moved closer to work/school. My parents commute to work. My mom drives about an hour and my dad drives further. How long until oil prices crush commuters like my parents? It's hard not to commute when you live out in the countryside of Wisconsin.
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#12 2007-10-20 6:34 am
- Proost
- Member
- From: chair
- Registered: 2002-12-08
- Posts: 1735
Re: $100/bbl oil
adndgamer wrote:
Thank god I moved closer to work/school. My parents commute to work. My mom drives about an hour and my dad drives further. How long until oil prices crush commuters like my parents? It's hard not to commute when you live out in the countryside of Wisconsin.
Drive a small diesel car. Like a VW polo/rabbit SDI/TDI or similar.
What are they driving now?
Last edited by Proost (2007-10-20 6:39 am)
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#13 2007-10-20 9:42 am
Re: $100/bbl oil
ShnickyShnack wrote:
Too expensive? What's too expensive? Nothing's too expensive! Just run up the credit card some more. Better than that, it's a credit card in which the customer sets the credit limit (and keeps extending it)!
And when a democrat raises taxes to pay it off and balance the budget, they have a perfect excuse to trick people into voting for another republican! Tax and spend! Tax and spend!
"I don't like country music, but I don't mean to denigrate those who do. And for the people who like country music, denigrate means 'put down.'"
-- Bob Newhart
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#14 2007-10-20 9:47 am
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34104
Re: $100/bbl oil
Proost wrote:
adndgamer wrote:
Thank god I moved closer to work/school. My parents commute to work. My mom drives about an hour and my dad drives further. How long until oil prices crush commuters like my parents? It's hard not to commute when you live out in the countryside of Wisconsin.
Drive a small diesel car. Like a VW polo/rabbit SDI/TDI or similar.
What are they driving now?
Because everyone can go out and drop $20,000 when gas prices go up!
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#15 2007-10-20 12:05 pm
- Hank Rearden
- Watch your step
- From: Republic of Western Canada
- Registered: 2001-04-18
- Posts: 7044
- Website
Re: $100/bbl oil
Well, we're in the ~$15/week range for car gas. So, same deal for us on that front.
Of course, there is more to petroleum products than simply filling your tank. That's where things will start to hurt (except, ultimately, for those of us in countries that export the stuff... a rise in prices in one area should, on average, be compensated for in a higher standard of living in others).
As a Canadian, I am thrilled to see the price climb. As Americans, Chinese, Indians, etc... others should be less excited.
The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-
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#16 2007-10-20 3:41 pm
- Fried Chicken
- Member
- From: Good question - keeps changing
- Registered: 2003-11-17
- Posts: 4557
Re: $100/bbl oil
Motorcycle = 70 mpg
Opec can suck my penis.
Just because something is legal, doesn't mean it's right. Just because something is illegal, doesn't mean it's wrong.
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#17 2007-10-20 4:06 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34104
Re: $100/bbl oil
Fried Chicken wrote:
Motorcycle = 70 mpg
Opec can suck my penis.
You use plastics? Eat food that wasn't grown locally?
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#18 2007-10-20 5:00 pm
- user
- Your plastic pal who's fun to be with
- From: I'm not getting you down, am I
- Registered: 2001-10-15
- Posts: 16035
Re: $100/bbl oil
Breathe?
Aw, he's no fun, he fell right over.
Unless you become as little children, there's no way you will believe this crap.
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#19 2007-10-20 5:02 pm
- bratboy
- laden with emotion
- Royal Wombat
- From: Austin, Texas
- Registered: 2003-01-19
- Posts: 34106
Re: $100/bbl oil
All of the things he buys are delivered by motorcycle.
"One thing we've learned is there's a difference between being disappointed and having madmen in authority."
--Paul Krugman
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#20 2007-10-20 5:04 pm
- [MA] Flying_Meat
- Member
- From: Frisco?
- Registered: 2001-03-31
- Posts: 8517
Re: $100/bbl oil
wait. which motorcycle gets 70 mpg? most get between 30 and 50 ish.
give with the details!
...and watch out for the flying meat!
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#21 2007-10-20 5:12 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34104
Re: $100/bbl oil
[MA] Flying_Meat wrote:
wait. which motorcycle gets 70 mpg? most get between 30 and 50 ish.
give with the details!
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#22 2007-10-20 5:18 pm
- user
- Your plastic pal who's fun to be with
- From: I'm not getting you down, am I
- Registered: 2001-10-15
- Posts: 16035
Re: $100/bbl oil
Aw, he's no fun, he fell right over.
Unless you become as little children, there's no way you will believe this crap.
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#23 2007-10-20 6:03 pm
- avkills
- demyelinated brain matter
- Registered: 2001-05-09
- Posts: 7107
Re: $100/bbl oil
Gas prices go up, everything else goes up in price. Although long term it would probably be good since it would start to wean us (I mean Americans) from using so much oil.
We really need to start setting up more nuke power plants.
-mark
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#24 2007-10-20 8:21 pm
Re: $100/bbl oil
[MA] Flying_Meat wrote:
wait. which motorcycle gets 70 mpg? most get between 30 and 50 ish.
give with the details!
He's got a Ninja 250, which easily can get 70 mpg. I know a guy in DC who somehow squeezes 90 mpg out of his Ninja 250 on the highway. Heck, the used 800cc bike I just bought gets over 50. 30 is very, very low for a bike. 45 might be typical.
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#25 2007-10-20 9:28 pm
- avkills
- demyelinated brain matter
- Registered: 2001-05-09
- Posts: 7107
Re: $100/bbl oil
freecat wrote:
[MA] Flying_Meat wrote:
wait. which motorcycle gets 70 mpg? most get between 30 and 50 ish.
give with the details!He's got a Ninja 250, which easily can get 70 mpg. I know a guy in DC who somehow squeezes 90 mpg out of his Ninja 250 on the highway. Heck, the used 800cc bike I just bought gets over 50. 30 is very, very low for a bike. 45 might be typical.
If I got 30 and I had a bike, I'd be pissed, because my car gets 30.
-mark
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