Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: energyplay who wrote (99242)	3/17/2013 3:40:26 AM
From: elmatador	Respond to of 220065

Three powerful lobbies: carmakers, road builders and transportation companies. They need cheap diesel an gasoline. their businesses depend on that. Those 3 lobbies were actually lobbying for the exports of Canada and Mexico. They started telling oil business: we need cheap gasoline and diesel. (NG also does it) It is the only way for: The road haulage not to move to rail or to barges Avoid young people moving and settling to down town out of the suburbs. People doing a Brazil where the 75% of the cars are 1.000cc Government cutting money to improve roads, bridges, construct bypasses, improve rail transport of people with Park&Drive, make subways safe, build high speed train lines. Billions and billions can be applied elsewhere if cheap gasoline and diesel are not available

To: energyplay who wrote (99242)	3/17/2013 11:30:56 AM
From: bart13	Read Replies (1) \| Respond to of 220065

Looking on your graph, you can see imports headed up right after that - and now have headed back down. They did head down after the oil price peak in 2011 (and 2008) of course, but my point is that they haven't broken below about 1.5% of GDP in spite of the huge oil production gains in the US. That 1.5% is higher than any point on the chart since the early 1980s. And the depletion rates aren't exactly encouraging. Even the EIA forecasts a peak last this decade. Peak Cheap Oil (phrase coined by EJ at iTulip years ago) is quite alive and well.