You cure the symptom but not the root of the disease. What would you have America rely on to prop up its standard of living once an petroleum substitute is found and the USD hegemony is no more? http://bbs.clutchfans.net/showthread.php?t=109682
This must be coming out of the DNC. I head Sen. Biden say basically the same thing a few weeks ago (on Real Time with Bill Maher) when he also said he was planning to take a run at the Oval office in '08. I agree that the government is not using the population to its potential as a resource, but I don't know that it will be successful as a campaign platform. We will probably see it tested in the mid-term elections.
interesting reading at least. I think we're still 50 years away, but it will happen in most of our lifetimes... http://www.lifeaftertheoilcrash.net/
OK, since math makes head hurt, a little help from the Econ geeks of D&D... with gas going up just about every day, is it better to fill up and run until you're empty or is it better to top off the tank every few days under the assumption that the price will be steeper tomorrow?
Top off the tank every few days. Not because of the price of gas, but because there may come a time when you'll wish you had a full tank during an emergency. Having said that, my wife drives the autos until they're on fumes, then takes the other automobile, which I was driving, because, "I'm sorry I took the other car... mine was running on fumes!" Arrgh!! Keep D&D Civil.
Like investing, the best way to average costs would be to fill it up every set period, but driving isn't always routine. Another way would be to fill up your tank when it reaches half capacity.
I'm sorry I missed it, Sishir. Stuck in Austin, with the Rockets blues again. Hope you had a terrific time! Cohen, I'm working on my privacy issues, lol! We really should get together sometime. Are you going to the Lebowski Fest? Keep D&D Civil.
Yes, the Canadian sands WILL be cheaper at somepoint...maybe in <10 years or maybe longer. Peak Oil Production. Once the Saudi oil fields start pumping less (like most places on earth already), Saudi exploration costs will sky rocket. At that point, Canadian oil will be cheaper due to easier transport costs. First, Canada is already the single largest importer of oil to America measured by country. Secondly, Canada already has pipelines directly to the US midwest and west coast. I just read a plan that Canada is going to build new pipelines and even look to eventually purchase a major pipeline coming out of Houston. They will reverse its flow so they can cheaply ship oil from Chicago to the Gulf Coast ...someday. Don't know if that will happen but the fact they are just thinking about it tells you something. Fossil fuels used to be fine but to rely on them exclusively means it will be painful WHEN the oil sources start drying up.
cheaper than they are now. they will never be cheaper than saudi oil is currently. and exactly down the road when saudi oil gets more expensive (this is way down the road by the way) comparatively tar sands will be cheaper. so my point was economically it made little sense to invest into it when we couldn't really predict the oil prices of today. i stll dont buy that its mostly the demand...but i think its due to bush and company's excursions and sabre rattling in the mid east. i know. there was a great article in the chron a couple months back about this. however canada is working extensively with china. plus think about it. the US will have to find alternative energy soon. however china given that its still developing probably wont be able to. china is a longer term partner in oil with canada than the US. sure.
Geography tells me no. China is an important market...no doubt. But Canada's not about to stop the flow of US dollars up here. Sing it with me....we want your money. That's what we want. Your lovin' give me such a thrill. But your loving don't pay our bills. We want your money. Da da da ta.
