Gas to hit $7/Gallon

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David Lay
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Gas to hit $7/Gallon

Post by David Lay »

New Website/Blog: dlayphoto.com
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

that is a sad story

Post by ryan costa »

that is pretty sad. your author suggests it would be catastrophic for the "Global Economy". The Global Economy is a pretty new fad. We may have to revert toward a pre-fad condition. Wooden barges sending gold and silver bars and ginseng to China and returning with crates of tea and novelty furniture from China for the rich.

I watched a movie called "the two jakes" this weekend. About two-thirds through it was revealed the plot was over oil. Apparently there was a lot of oil in the U.S. in the 1940s. But there were few suburbs for suburbanites to complain about living near oil fields. There were a lot of farms and empty spaces. Just imagine how the show "beverly hillbillies" would have turned out if Jed's neighbor had sold out to a subdivision developer first. The NIMBY's would seek an injunction against drilling for oil.
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

rambling

Post by ryan costa »

Microsoft has been trying to buy Yahoo! for about 50 billion dollars. I'm not sure why. Everything Yahoo does is pretty replaceable. Microsoft is paying 50 billion dollars to use the word 'Yahoo' in a domain name.

There hasn't really been much point in putting out an operating system since Windows 2000. Windows XP's primary advantage is it isn't as bad as Windows Vista. I used yahoo primarily to play Chess and Wordracer, but since they "improved" their games I stopped using them: too much clunky pop up stuff and animations were showing up in the new versions: it was hard to look at.

50 billion dollars or dollars worth of financing is a lot of money. Think how many oil wells they could be drilling. That would also buy a lot of new railroad track, or even build a few nuclear power plants. They could be building oil rigs and nuclear powerplants all over town.

In the grand scheme of things there is a strong chance the U.S. will eventually only have about half the oil supply it does today. That is, oil and oil-alternatives obtainable in a year will amount to about half what we use a year now. This is probably enough to continue most modern conveniences that really matter.

I'm not sure whether that will be more likely to enable oil wars or less likely. It is hard to reason out.
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