Skid Row Joe wrote: It's predicted to be $7.00 by Christmas.....Merry Christmas.
And who, exactly, are these "Predictors" and what is their motivation.
In other words, who pays them to say what they say?
Why should we believe them? At what point will the majority say, "enough is enough".
Would all RV'ers be willing to "Park it" in protest? I think not.
Those with the money will continue, because they have the resources.
America has the resources to stand on it's own and doesn't have to rely on others to supply it's needs.
We can be self sufficient, BUT In order to save some money we have made other countries giants of industry, while at the same time we have shrunk our industries and put our peoples on welfare and food stamps.
We make others rich, while we starve.
Can you imagine a President that is an RV'er and RV's parked in front of the Senate Office building so the congressmen can go away for a weekend.
I vote for "DICK" for President and "8.1" as the Energy secretary.
Mandrake can be in charge of the war on drugs, music and entertainment.
Yeah, I just saw the price per barrel is up to 145.00$. The government has no clue what to do. As if they ever do. One guy says its supply and demand, the other says its speculators. Well which is it? I believe its a combination of OPEC, and speculators. The demand has not trippled in a couple years to warrant the steep rise in oil prices. I for one see this, You hear that nigeria is going to reduce production and prices go up. Then the stockpiles of gas are higher than expected and prices go up, saudi is going to increase output, and prices go up. Its all a sham. This country will go bankrupt to china!!!
* This post was
edited 06/30/08 04:42pm by an administrator/moderator *
2006 Lincoln Navigator 4X4 5.4L 300 hp, Tow 8300#
2002 28ft Terry TT. 5700#
vtmv2007 wrote: This country will go bankrupt to China!!!
Finally, someone who knows who owns our national debt. As one economist said this morning, we are in for a very rough ride during the coming "deep recession".
Bob & Betsy - USN Ret'd '78 & FL LEO Ret'd '03 FMCA #F203528 '05 HR Endeavor, 40PRQ w/400 Cummins - With -'05 GMC Sierra LT, CC Z-71, the pusher '07 Arctic Cat 500A & Wilderness Kayak, riding in the pusher - Our Current Location
The last time I checked the world demand on oil was up alot because of China,India,middle-east (Dubai,UAE etc) ,Brazil and other countries. Even if US demand drops it will not mean much in the world oil markets. Dubai,UAE Shanghai,China Hong Kong,China
We camped in PA a few weeks ago. (tent)
The area we stayed in had a grand total of 3 tt's and 2 groups of tent campers.
I talked to a Ranger about how empty it was for this time of year.
he said when gas hit 4 a gallon, 75% of those that had reservations, cancelled them.
Sad.
2003 Chevy BlailTrazer (it likes that name)
One small 4 person Coleman
One HUGE 12 person Behemoth Coleman.
A dog that loves animals.
A cat that thinks it's a dog.
Not enough two-day weekends in my work scheduale.
vtmv2007 wrote: The demand has not trippled in a couple years to warrant the steep rise in oil prices.
The ol' supply & demand curve is not linear.
Think of it like an auction on eBay. As long as there are more items for sale than bidders, you can get a bargain. However, if there are just enough bidders plus one the price can go up very fast (as those last two bidders fight over the last item). If you double the number of bidders with the same supply of items, watch out as the price for the item in questions goes sky high.
Granted, if the item is a "luxury", then eventually, one of the two last ones will give up and let the item go to the other bidder. However, if the item is part of their "need", then people can get quite desperate for the item and the price will reflect that.
Oil is (more or less) a "need" item for the world's economy (or it is until we come up with alternatives), so the demand is not very flexible. So the price will continue to soar until alternatives become economical (or the world-wide economy comes crashing down).
* This post was
edited 06/30/08 04:42pm by an administrator/moderator *
Some of his facts don't quite pan out. For example, the total amount of oil in the oil shale and the amount we can get for less than the current price of oil is not the same. At $30 a barrel, oil shale is way too expensive to even look at. At $140, on the other hand, some of it can be extracted (but it will take even higher prices to get more of it).
I just remember reading a while back about various technologies that could replace some uses of oil, but they would not be economical (i.e., someone needs to make $$$ to get them on the market) until gas hit $4-5 a gallon. I think we are there.
This was in response to a fairly length post I made. Anybody know what happened to it?
Tim -
wife Beverly & 2 boys who love camping 2002 K2500 Suburban 8.1L 4.10 Prodigy 2005 Sunnybrook 30FKS HP Dual Cam Replaced 2000 Sunnybrook 26FK on 8/6/04
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