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02-20-2006, 10:32 AM | #2 (permalink) |
Music Addict
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Well it's all supply and demand. Oil production will probably peak within our lifetime, not to mention that natural gas production has probably already peaked, and coal is not far behind. It IS all related. Plus, don't forget, any turmoil/conflict in prolific Middle East oil infrastructures or with distributors, is going to shoot up prices in the future. Imagine $125/barrel. It can happen, very soon.
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02-20-2006, 10:35 AM | #3 (permalink) | |
butt say x
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Location: so i read the question as "Where YOU live" which was kinda funny instead of "Where you live"
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Quote:
How much would that make it per gallon?
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02-20-2006, 10:49 AM | #4 (permalink) |
Music Addict
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It would vary per distributor. Right now, it's fluctuating around $50-60 per barrel, and about average $2.20/gallon for premium unleaded, at least it is in the midwest. So, I would think at the extreme end, we could see times when gas is between $5 and +$6 per gallon. But it really depends on the demand as well as the situation in the M.E.
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02-21-2006, 07:15 AM | #6 (permalink) | |
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Quote:
Just think of what can happen. No electricity, no electric lightbulbs, no cars, no television, no radio, no computers, no Internet, no Musicbanter.... Aaaaah!!!! |
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02-21-2006, 10:20 AM | #7 (permalink) | |
butt say x
Join Date: Nov 2005
Location: so i read the question as "Where YOU live" which was kinda funny instead of "Where you live"
Posts: 1,649
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Quote:
Solar pannels would be much more effieciant for that.
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02-21-2006, 12:53 PM | #9 (permalink) |
Account Disabled
Join Date: May 2005
Posts: 1,174
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The car companies know what they are doing, they have bought various rights to numerious types of cars for use after petrol. Of course they won't bring them out until after or near when petrol has reached it's preak so they can make some money.
Petrol is going to peak quicker than you think, it might be in 10 years from now or less even. |
02-21-2006, 01:27 PM | #10 (permalink) |
Music Addict
Join Date: Dec 2004
Posts: 1,753
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Who's to say we haven't already seen the peak?
Well once there's a visible problem, there's probably going to be an increase in liquid fuel-from-coal. Then, once coal runs out, we're f*cked, and not in any good way. In terms of transporation fuels, I'm all about ethanol, since it can be obtained from corn, soybeans, woodchips, switchgrass, lignocellulose, farm waste, etc. None of them are really energy or economically favorable right now though. Still there's no way ethanol can meet even a fraction of the total demand.
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