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Peter P
2006 Apr 11, 4:59pm
You know, $3 gas is just the beginning. It is not hurting yet. I fully expect it to be $7 within a few years.
Peter P
2006 Apr 11, 5:01pm
I think this connects to the bubble, but if I am even more off base than normal, the non-trolls need just advise and I’ll delete.
Don't worry, it is more connected to the bubble than "Huh?", the most bubblicious thread.
that e-mail doesn't say anything about OPEC pricing or international demand - let alone peak oil...
just another stupid 'Irish virus' chain letter to fool dumb consumers...
competition for oil is for heating, running some power stations, fuelling vehicles, providing lubricants, making other materials, and ditto that across many countries all bidding for the product...
and the largest saudi arabian reserve is now pumping out 60% seawater...
people need SUVs and hummers to meet their esteem needs, and attempt to attract the admiration of others... but ref. Easter Island...
Surfer X,
That's quite the chain mail. Thanks for sharing.
I want to see gas at $6/gallon.
I want to see gas at $6/gallon.
Maybe then I will get my diesel 4x4!
_relurk_
Cheers,
prat
Boomers with glass bongs sh/would roll joints? I know the people that were on the "forward" list, these are the same people who said things to me like "you need to get in" "I know what you are thinking, that you don't want to buy a house you wouldn't live in, but you need to get in"
My only experience with "you need to get it" was 15 years ago in oregon during my first and last attempt to buy a new car. When I balked at the insurance being more than the payment, the "salesman" said "you need to get in". I asked for my 72 Civic back and drove off*.
*I subsequently drove said Civic to Puerto Vallarta and back. Oddly enough I didn't have any problem sneaking into mexico**.
**Not investment advice, you don't need to get in.
prat if you decloak in $anta Barbara stop by and I'll shake you a margarita.
@Surfer-X,
Well, this topic's not housing related per se, but no biggie. As you said, it's culturally indicative of the clueless idiot entitlement mentality that has helped grow the bubble to massive proportions. I'd say it's fair game.
My favorite quote: "we need to take aggressive action to teach them that BUYERS control the marketplace..not sellers"
Evidently, someone skipped Econ 101 class the day they taught SUPPLY.
I want to see gas at $6/gallon.
Maybe then I will get my diesel 4x4!
Prat --welcome back!
Bio-diesel aside (very promising technology I would agree), have you overlooked the possibility that someone in the BA will invent the hemp-oil powered auto?
Talk about a post-Peak Oil Boomer's wet dream!
Peter P
2006 Apr 11, 6:17pm
Prat, I could be dreaming but I saw the new Toyota FJ Cruiser the other day.
Peter P,
Skimming over the Huh? thread got me thinking about Jack. Wonder if he's ever coming back.
Peter P
2006 Apr 11, 6:48pm
Skimming over the Huh? thread got me thinking about Jack. Wonder if he’s ever coming back.
I miss Jack. :(
Easter Island. Does that mean you read Collapse?
no, i knew about the lesson of easter island when jared diamond was still thinking about the third chimpanzee... even longer than that...
I want to see gas at $6/gallon.
Why? What agenda will this advance?
Robert's in shock...
I think the govt should charge an extra $3 excise on fuel to make it $6 a gallon, which will serve to:
- discourage frivolous use of private transport
- bring housing prices down because transport will be so expensive
- make loads of tax dollars available to do more good things like affordable housing projects and universal health care and so on
- encourage more public transport use and development
- encourage more centralised housing
- make oil reserves last longer...
Robert Cote,
Externalities.
And that will be the extent of my reply to you on the matter.
"i knew about the lesson of easter island when jared diamond was still thinking about the third chimpanzee"
Do you know how long Jared Diamond has been in business? ;)
DS,
Sorry about your loss msg. I do cut and paste for my longer replies from, otherwise there's too much risk.
I wasn't looking for direct response about the links, more a matter of seeing them and thought you might be interested in the subject matter.
"I hate to break this to everyone, but gasoline is a fungible commodity"
Yes, I think everyone who replied so far understood that. We were all making fun of the content of the chain mail.
If gas has gone up 10% recently in price, are we not already in inflation mode?
sort of. that's only 1 commodity, and it's an external price hike due to uncertain world markets. an oil price shock could trigger widespread inflation. inflation is really where the cost of everything goes up, and wages are constantly chasing the tail of prices. one of the tabloid TV shows was saying 'everything is more expensive' tonight as I walked past - which could be true - higher fuel prices and ridiculous mortgages will both potentially cause systemic inflation in the economy...
Personally, I wonder what will happen to international tourism and jet travel when we run out of gas?
back to steamships! there's plenty of coal left in the world... or work on an electric powered plane...
only then will you bemoan all those Formula 1 races and monster truck rallies...
newsfreak,
do you live in an agricultural area? I've read some comments about corn burning heaters. http:/s2.gardenweb.coms/load/tools/msg091835304677.html
It sounds like at least a break even prospect for people living in corn producing areas.
newsfreak,
I'd suggest investment in high r-factor insulation when you'r doing the renovation.
Where were we? Oh yes, solving gas price inefficiencies. What we need is more refineries. Amazing that we haven’t built one since our population was some 80 million people fewer.
Apparently a lot of oil companies don't want to invest fortunes in new refineries because they know the stuff is running out and they will never pay off the investment! it's called peak oil...
This was originally sent by a retired Coca Cola executive It came from one of his engineer buddies who retired from Halliburton. It’s worth your consideration.
Not to be a conspiracy theorist, but isn't it a bit funny that ex-Halliburton engineers "devised" this chain letter? Hmmmm...
RE: the rest of the letter, I'm dumbfounded. What idiot wrote this crap? Sadly, it comes off sounding like the junkies crying foul to their dealers - "I need my fix, and I don't want to pay for it."
DS,
Not really, it's more directly attributable to the sort of legal liability a company exposes themselves to + government regulation. Older refineries were grandfathered into much lower standards than would be acceptable for a refinery built today.
it's sad that coca-cola executives and halliburton engineers are looked up to in the american public mind as some sort of geniuses... like the old 'virus' chain letters that used to go around saying microsoft had announced the discovery of a new virus etc, or that bill gates would give you money by sending the chain letter on...
I think the soft drink companies and the margarine makers are far more responsible for the decline of this country's health than McDonald
Older refineries were grandfathered into much lower standards than would be acceptable for a refinery built today.
hmm, could be, i spose... i always believe the last thing i read somewhere... when did you become a refinery expert?
Robt. and others,
It will be very very interesting to see the effect on the housing bubble. As has been discussed before, materials costs for new construction will be increased, and home heating and cooling (despite the West's current weather pattern) will be more expensive. Also, whether or not there really is an impact of exurban development on fuel consumption, the psychological impact of higher fuel prices will almost certainly put a damper on demand for that type of lifestyle.
newsfreak,
Yup, new windows are efficient and much nicer than what was available 20 years ago. That really came through with my parents' rental experience. It's amazing how little things like replacing old appliances, proper insulation, ceiling fans, etc, can add up.
It sucks that natural gas for home heating is so expensive, since it's such an efficient use of natural gas.
Environmentalists are just as bad at math as any other random group of Americans. The Hollywood types who drive a Prius but live in 10,000 sq ft homes never cease to amaze me.
Robert Coté Says:
Additionally revealed preference would tend to have people “hunkering down†in the exurbs with gardens and compost piles and solar panels and hybrids rather than “huddling†in the cenurbs riding transit.
Now that would be a sight to see - seas of crappy McMansions with retrofitted solar panels, compost piles, and SUV-hybrids in the driveways.
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Ok, so a friend I've know since grade school forwarded me this jibber jabber bull$hit email. At first read it is just pure crap, but as I read on I realized that this embodies current Amerika; I believe this thinking to be the origins of the real estate bubble.
We deserve it. It being many things. We as Amerikans deserve cheap gas, big massive asses and cars, and the ability to borrow Chuck, borrow.
Let it rip.
Trolls need not apply.
Copyright Surfer-X
All rights reserved, all wrongs denied.
"GAS WAR - an idea that WILL work
This was originally sent by a retired Coca Cola executive It came from one of his engineer buddies who retired from Halliburton. It's worth your consideration.
Join the resistance!!!! I hear we are going to hit close to $ 4.00 a gallon by next summer and it might go higher!! Want gasoline prices to come down? We need to take some intelligent, united action. Phillip Hollsworth offered this good idea. This makes MUCH MORE SENSE than the "don't buy gas on a certain day" campaign that was going around last April or May!
The oil companies just laughed at that because they knew we wouldn't continue to "hurt" ourselves by refusing to buy gas. It was more of an inconvenience to us than it was a problem for them. BUT, whoever thought of this idea, has come up with a plan that can really work. Please read on and join with us!
By now you're probably thinking gasoline priced at about $1.50 is super cheap. Me too! It is currently $2.79 for regular unleaded in my town. Now that the oil companies and the OPEC nations have conditioned us to think that the cost of a gallon of gas is CHEAP at $1.50 - $1.75, we need to take aggressive action to teach them that BUYERS control the marketplace..not sellers With the price of gasoline going up more each day, we consumers need to take action. The only way we are going to see the price of gas come down is if we hit someone in the pocketbook by not purchasing their gas! And, we can do that WITHOUT hurting ourselves.
How?
Since we all rely on our cars, we can't just stop buying gas. But we CAN have an impact on gas prices if we all act together to force a price war.
Here's the idea: For the rest of this year, DON'T purchase ANY gasoline from the two biggest companies (which now are one), EXXON and MOBIL. If they are not selling any gas, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit. But to have an impact, we need to reach literally millions of Exxon and Mobil gas buyers. It's really simple to do! Now, don't wimp out on me at this point...keep reading and I'll explain how simple it is to reach millions of people!!
I am sending this note to 30 people. If each of us send it to at least ten more (30 x 10 = 300) ... and those 300 send it to at least ten more (300 x 10 = 3,000)..and so on, by the time the message reaches the sixth group of people, we will have reached over THREE MILLION consumers. If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it..... THREE HUNDRED MILLION PEOPLE!!!
Again, all you have to do is send this to 10 people. That's all! (If you don't understand how we can reach 300 million and all you have to do is send this to 10 people.... Well, let's face it, you just aren't a mathematician. But I am . so trust me on this one.) :-)
How long would all that take? If each of us sends this e-mail out to ten more people within one day of receipt, all 300 MILLION people could conceivably be contacted within the next 8 days!!! I'll bet you didn't think you and I had that much potential, did you! Acting together we can make a difference.
If this makes sense to you, please pass this message on. I suggest that we not buy from EXXON/MOBIL UNTIL THEY LOWER THEIR PRICES TO THE $1.30 RANGE AND KEEP THEM DOWN. THIS CAN REALLY WORK"
#housing