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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (36078)	6/25/2008 8:24:46 PM
From: TobagoJack	Read Replies (3) \| Respond to of 217544

i think that was just another way to look at the situation the proper way may be: average driving distance per year = 15k miles avg cost of gasoline/equivalent = 4/gal annual cost per driver = 2.4k post tax money = 3k pre-tax money etc etc in any case, just in in-tray A State of Emergency oil and gas production on the UK continental shelf europe.theoildrum.com <snip> ... It is time for Alistair Darling and Mervyn King to explain to the British people why they see current problems with energy prices and associated inflation as a transient blip when the UK seems to be in a terminal dive towards insolvency...

To: Wyätt Gwyön who wrote (36078)	6/25/2008 11:41:53 PM
From: energyplay	Read Replies (3) \| Respond to of 217544

I think that oil may start heading down because of the 2008 Olympics. Let me explain - Much activity in the Beijing area will shut down July 20 to reduce pollution and allow time for the smog to clear out, and authorities to catch any one ignoring the shut down, before the advance news crews arrive. That will cut energy use in the Beijing area. For the world, Olympics start August 8. How many people in Asia, Europe, and the Americas will stay home and watch the games on their big screen TVs instead of using expensive gas to drive to a summer destination ? They Olympics end August 24. During those 16 days, we should see news stories about empty beach side restaurants, reduced road traffic, etc. So it will be automobiles and high priced gasoline vs. big screen TV entertainment. One big question will be how much of China slows down to watch. I expect that for major events with star Chinese athletes, many factories will take at least a short break - unless they want to seem unpatriotic and have an upset work force. So August ends with considerable motor gasoline inventory everywhere in the distribution systems. Absent a Hurricane in the Gulf of Mexico, where will September's oil go when the product tanks at the refiners get closer to full ?

To: Wyätt Gwyön who wrote (36078)	6/27/2008 10:33:57 AM
From: elmatador	Respond to of 217544

"world of shortages" "The Age of Scarcity."? The scammers are planting these views on the heads of the incautious. There is plenty materials out there just waiting to be mined, and manufactured. see tyres economist.com Refineries will pop up in Brazil as are steel plants. If the money is there, the materials will appear. The OECD countries were used to fine tuning money availablity through the G-7 cartel of currencies. Now this is over and we are all on a roll. We are not there yet. Mostly we are clearing the bottlenecks.