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LA Times: Envisioning $200 barrel oil ($7 gas)

Started by Chicken Little, June 29, 2008, 11:23:09 AM

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Chicken Little

From LA Timens-- covers many different angles, most of it isn't even speculative at this point in Cali:

Retail?  More online shopping,

Car sales?  Already down 18% this year,

Housing? prices already falling faster for houses with long commutes,

Transit?  Order your busses now.  (Isn't Tulsa proposing new busses in the sreets bond?)  Fewer, fuller flights already.

Trade?  Equivalent to 15% tariff on goods from East Asia.

Local distribution?  "...high fuel prices will push restaurants, retailers and food manufacturers to look for suppliers closer to their operations."

Work?  Zero mobility and telecommuting finally?  Low-wage jobs and workers will have a tougher time with that.

quote:
Sky-high gas prices "would basically reorient society to where proximity would be more valuable," said Tom Gilligan, finance professor at USC.


Interesting article; not disaster-porn.

FOTD

#1
Rough way to clean up our air. Breathe.

Who would have thought. Two years ago folks were selling companies at $60 a barrel. Bet they feel like they left some money on the table.

What do you think of this guy other than he thinks the world is only a couple thousand years old?
http://video.google.com/videoplay?docid=-8668319287834598272&q=The+Energy+Non-Crisis+&ei=aC9hSIS5I4LqrQPB6ZWkAw
At this point in history it is irrelevant how much oil is available. We are committing suicide by continuing to use fossil fuels.

Sea change underway....see   change: http://www.fpif.org/fpiftxt/5326

booWorld

I most likely would not change my driving habits even if gas hit $7 per gallon in the near future (because I drive so seldomly as it is).

AVERAGE JOE

Disaster porn? That's a genre with which I am not familiar. [;)]