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$15 Gasoline?

RtWngExtrmstRtWngExtrmst Member Posts: 7,456
edited February 2011 in General Discussion
http://www.newsmax.com/Newsfront/de-borchgrave-oil-mideast/2011/02/22/id/387042

Some predicting the turmoil in Mideast could cause oil to soar to $400/bbl.

Comments

  • KSUmarksmanKSUmarksman Member Posts: 10,705 ✭✭✭
    edited November -1
    great...more bad news...
  • CHEVELLE427CHEVELLE427 Member Posts: 6,750
    edited November -1
    it would just start another world war.

    countries are not going to starve without a fight.



    back to the

    HAVES vs THE HAVE KNOTS
  • KEVD18KEVD18 Member Posts: 15,037
    edited November -1
    ive always said that people will pay quite a bit more than the current cost for gas without too much opposition. i think i could support my life, albeit reduced quite a bit in terms of luxury trips, to ~$8/gal. anything north of that and i cant afford to drive.

    i dont know what other people situations are and where they would draw the line, either for monetary or personal reasons; but i think our society would collapse WELL before $15/gallon. i think 10 could be sustained for awhile. but thats about it.
  • sharpshooter039sharpshooter039 Member Posts: 5,897 ✭✭✭
    edited November -1
    If it happens all the Gold and Silver people have invested in will be worth squat. People can not eat Gold. Food,Ammo and fuel will be worth 10x its weight in Gold.
    No one would be able to drive to work,companies would fail world wide,the banking system would go next as no one could pay their bills. Diesel would be almost impossible to get so almost all of your commercial farms would fail.
    Sounds like someone needs to get a handle on it before it gets out of hand
  • bpostbpost Member Posts: 32,669 ✭✭✭✭
    edited November -1
    Cements my idea of putting sheep in the yard replacing lawn mowers and weed whackers this summer.

    Next spring, fresh leg of lamb. [:D]
  • allthewayalltheway Member Posts: 292 ✭✭✭
    edited November -1
    It would not be just gas. If that happens, everything skyrockets, all products and services are tied to oil.
  • KSUmarksmanKSUmarksman Member Posts: 10,705 ✭✭✭
    edited November -1
    quote:Originally posted by sharpshooter039
    If it happens all the Gold and Silver people have invested in will be worth squat. People can not eat Gold. Food,Ammo and fuel will be worth 10x its weight in Gold.
    No one would be able to drive to work,companies would fail world wide,the banking system would go next as no one could pay their bills. Diesel would be almost impossible to get so almost all of your commercial farms would fail.
    Sounds like someone needs to get a handle on it before it gets out of hand


    I think we'd see rationing again like in WWII and the 70s crisis...
    governments would try to limit consumer use in order to preserve fuel at a relatively reasonable price for commercial and industrial needs
  • River RatRiver Rat Member Posts: 9,022
    edited November -1
    This is one reason why we moved into town from the country last year. If we really needed to, we could walk to work. Of course, the whole country -- including my little town -- would be in deep doodoo at that point.

    We could all hunker down for a while, but not forever.

    "And all the nations were drunk from her cup." Referring to the Harlot (false religion) that rides the Beast (the final world government). Often wondered if the contents of that cup might be oil. Guess we'll find out.
  • NOSLEEPNOSLEEP Member Posts: 4,526
    edited November -1
    quote:Originally posted by eboydell
    quote:Some predicting the turmoil in Mideast could cause oil to soar to $400/bbl.

    John, what would you do without me? Let it go to a million dollars/bbl.
    We only use 15% to 20% of their oil. That would get all of these Texas/Louisiana oil well uncapped, and the money would flow "big time".
    When oil is high, the Gulf Coast region booms. I hope those rags riot for a 100 years.[^]


    I agree.

    Anyone predicting oil at $400 a barrel is drunk. A barrel of oil may increase substantially for a very short period. If at all, mostly from profit taking. North America is littered with oil. It so bad here in Alberta it contaminates the very soil and nearby ground water that contains it.
    Let them fight for their freedom. If that is what they are fighting for...
  • CHEVELLE427CHEVELLE427 Member Posts: 6,750
    edited November -1
    quote:Originally posted by alltheway
    It would not be just gas. If that happens, everything skyrockets, all products and services are tied to oil.

    most don't think about other products till they see bead at $5.++


    MOST all things move by OIL
  • RtWngExtrmstRtWngExtrmst Member Posts: 7,456
    edited November -1
    quote:Originally posted by eboydell
    quote:Some predicting the turmoil in Mideast could cause oil to soar to $400/bbl.

    John, what would you do without me? Let it go to a million dollars/bbl.
    We only use 15% to 20% of their oil. That would get all of these Texas/Louisiana oil well uncapped, and the money would flow "big time".
    When oil is high, the Gulf Coast region booms. I hope those rags riot for a 100 years.[^]

    Obama will continue to prohibit drilling in the Gulf and elsewhere by refusing to issue permits. He will confiscate all oil wells in Tx.
  • hillbillehillbille Member Posts: 14,426 ✭✭✭✭
    edited November -1
    when gas passes minimum wage, lots of people will quit, I think this is the start of the FAN........
  • allthewayalltheway Member Posts: 292 ✭✭✭
    edited November -1
    quote:Originally posted by CHEVELLE427
    quote:Originally posted by alltheway
    It would not be just gas. If that happens, everything skyrockets, all products and services are tied to oil.

    most don't think about other products till they see bead at $5.++


    MOST all things move by OIL


    Not only by moving by oil, but every product and service is tied to oil. Stand in your house, do a 360, everything your eyes see is tied to oil one way or another.
  • CHEVELLE427CHEVELLE427 Member Posts: 6,750
    edited November -1
    quote:Originally posted by alltheway
    quote:Originally posted by CHEVELLE427
    quote:Originally posted by alltheway
    It would not be just gas. If that happens, everything skyrockets, all products and services are tied to oil.

    most don't think about other products till they see bead at $5.++


    MOST all things move by OIL


    Not only by moving by oil, but every product and service is tied to oil. Stand in your house, do a 360, everything your eyes see is tied to oil one way or another.


    true.

    even solar snit was made by using oil
  • gunpaqgunpaq Member Posts: 4,607 ✭✭
    edited November -1
    I guess we will be parking the tractors and using our Herefords as oxen.
  • jpwolfjpwolf Member Posts: 9,164
    edited November -1
    quote:Originally posted by NOSLEEP

    Let them fight for their freedom. If that is what they are fighting for...



    Not likely. That may be what they think they are doing, but it is going to play out a net loss for them...
    2:37 http://www.youtube.com/watch?v=NXiTuxqRk2Y

    My thoughts? Possibly... the red horse.

    Are you ready?
  • KSUmarksmanKSUmarksman Member Posts: 10,705 ✭✭✭
    edited November -1
    quote:Originally posted by gunpaq
    I guess we will be parking the tractors and using our Herefords as oxen.


    I'm hoping that this article is just a wet dream of the damned futures traitors, as opposed to reality [;)]

    of course the wall-streeters are so out of touch with REAL SOCIETY that they may try to bring their wet dream to fruition regardless [xx(]
  • Mr. PerfectMr. Perfect Member, Moderator Posts: 66,404 ******
    edited November -1
    quote:Originally posted by jpwolf
    quote:Originally posted by NOSLEEP

    Let them fight for their freedom. If that is what they are fighting for...



    Not likely. That may be what they think they are doing, but it is going to play out a net loss for them...
    2:37 http://www.youtube.com/watch?v=NXiTuxqRk2Y

    My thoughts? Possibly... the red horse.

    Are you ready?
    so, where's the white horse?
    Some will die in hot pursuit
    And fiery auto crashes
    Some will die in hot pursuit
    While sifting through my ashes
    Some will fall in love with life
    And drink it from a fountain
    That is pouring like an avalanche
    Coming down the mountain
  • jpwolfjpwolf Member Posts: 9,164
    edited November -1
    quote:Originally posted by Mr. Perfect
    quote:Originally posted by jpwolf
    quote:Originally posted by NOSLEEP

    Let them fight for their freedom. If that is what they are fighting for...



    Not likely. That may be what they think they are doing, but it is going to play out a net loss for them...
    2:37 http://www.youtube.com/watch?v=NXiTuxqRk2Y

    My thoughts? Possibly... the red horse.

    Are you ready?
    so, where's the white horse?
    If that is the anti-christ, he won't come to the forefront until worldwide chaos demands a leader able to bring worldwide "peace" wit the one world government.

    I don't know, I'm no biblical scholar, you'll have to consult barzillai for that.[;)] I'm just thinking out loud with my extremely limited understanding. Doesn't seem like the world could have much more evil in it, so perhaps it is the time. If so, just hope folks like you are ready (eternally) for the ugliness that comes with TEOTWAWKI.[^]

    edit: I'm not a beleiver in "rapture" necessarily. If rapture comes, great. But like a boyscout, 'tis better to be prepared. The best preparation is taking care of your souls, since you can die at any moment anyway.[;)]
  • Mr. PerfectMr. Perfect Member, Moderator Posts: 66,404 ******
    edited November -1
    quote:Originally posted by jpwolf
    quote:Originally posted by Mr. Perfect
    quote:Originally posted by jpwolf
    quote:Originally posted by NOSLEEP

    Let them fight for their freedom. If that is what they are fighting for...



    Not likely. That may be what they think they are doing, but it is going to play out a net loss for them...
    2:37 http://www.youtube.com/watch?v=NXiTuxqRk2Y

    My thoughts? Possibly... the red horse.

    Are you ready?
    so, where's the white horse?
    If that is the anti-christ, he won't come to the forefront until worldwide chaos demands a leader able to bring worldwide "peace" wit the one world government.

    I don't know, I'm no biblical scholar, you'll have to consult barzillai for that.[;)] I'm just thinking out loud with my extremely limited understanding. Doesn't seem like the world could have much more evil in it, so perhaps it is the time. If so, just hope folks like you are ready (eternally) for the ugliness that comes with TEOTWAWKI.[^]

    edit: I'm not a beleiver in "rapture" necessarily. If rapture comes, great. But like a boyscout, 'tis better to be prepared. The best preparation is taking care of your souls, since you can die at any moment anyway.[;)]
    you can feel free to believe it, either way we are to be found ready. and yes, I'm ready.
    Some will die in hot pursuit
    And fiery auto crashes
    Some will die in hot pursuit
    While sifting through my ashes
    Some will fall in love with life
    And drink it from a fountain
    That is pouring like an avalanche
    Coming down the mountain
  • fishkiller41fishkiller41 Member Posts: 50,608
    edited November -1
    NEVER HAPPEN!! That would make Diesel $33 a gallon!!
  • jpwolfjpwolf Member Posts: 9,164
    edited November -1
    quote:Originally posted by Mr. Perfect
    quote:Originally posted by jpwolf
    quote:Originally posted by Mr. Perfect
    quote:Originally posted by jpwolf
    quote:Originally posted by NOSLEEP

    Let them fight for their freedom. If that is what they are fighting for...



    Not likely. That may be what they think they are doing, but it is going to play out a net loss for them...
    2:37 http://www.youtube.com/watch?v=NXiTuxqRk2Y

    My thoughts? Possibly... the red horse.

    Are you ready?
    so, where's the white horse?
    If that is the anti-christ, he won't come to the forefront until worldwide chaos demands a leader able to bring worldwide "peace" wit the one world government.

    I don't know, I'm no biblical scholar, you'll have to consult barzillai for that.[;)] I'm just thinking out loud with my extremely limited understanding. Doesn't seem like the world could have much more evil in it, so perhaps it is the time. If so, just hope folks like you are ready (eternally) for the ugliness that comes with TEOTWAWKI.[^]

    edit: I'm not a beleiver in "rapture" necessarily. If rapture comes, great. But like a boyscout, 'tis better to be prepared. The best preparation is taking care of your souls, since you can die at any moment anyway.[;)]
    you can feel free to believe it, either way we are to be found ready. and yes, I'm ready.
    Sweet! I look forward to meeting you here or there.[^][:D]
  • jpwolfjpwolf Member Posts: 9,164
    edited November -1
    quote:Originally posted by fishkiller41
    NEVER HAPPEN!! That would make Diesel $33 a gallon!!


    How do they justify charging more for diesel when is much easier and cheaper to refine (edit: and used to BE cheaper before they started dropping one in every pickup on the assmbley line)?
  • savage170savage170 Member Posts: 37,539 ✭✭✭✭
    edited November -1
    Yet we still have ANWAR sitting up there that can't be touched
  • jpwolfjpwolf Member Posts: 9,164
    edited November -1
    quote:Originally posted by savage170
    Yet we still have ANWAR sitting up there that can't be touched
    There's more drilling going on around here in the last couple years, but not even a drop in the bucket compared to what should be going on.
  • fishkiller41fishkiller41 Member Posts: 50,608
    edited November -1
    quote:Originally posted by jpwolf
    quote:Originally posted by fishkiller41
    NEVER HAPPEN!! That would make Diesel $33 a gallon!!


    How do they justify charging more for diesel when is much easier and cheaper to refine (edit: and used to BE cheaper before they started dropping one in every pickup on the assmbley line)?

    Beats hell outta me.I still vaguely remember in the late 60's,Diesel was about 1/2 the price of gasoline.I remember gas at about 23.9 and Diesel was about 15.9. I remember it because I used to park the dune buggy and walk over an overpass to get to the gas station with a can.a dollar would near fill a 5 gal. can..[V]
  • Mr. PerfectMr. Perfect Member, Moderator Posts: 66,404 ******
    edited November -1
    quote:Originally posted by jpwolf
    Sweet! I look forward to meeting you here or there.[^][:D]
    Same here.[:)]
    Some will die in hot pursuit
    And fiery auto crashes
    Some will die in hot pursuit
    While sifting through my ashes
    Some will fall in love with life
    And drink it from a fountain
    That is pouring like an avalanche
    Coming down the mountain
  • MossbergboogieMossbergboogie Member Posts: 12,211
    edited November -1
    AWESOME the market will provide something cheaper.. Only a matter of time. Make some wood gas like the germans did maybe. Finnaly get hemp legalized and make fuel from hemp.

    Lots of alternatives but sometime you have to really get some hurt going in the market for other things to arise. The europeans pay $8.10 a gallon ,and we complain about 3 dollars a gallon.

    A chance for people all over the country to make money.
  • 4627046270 Member Posts: 12,627
    edited November -1
    we have more oil under the United States, Alaska, and the Gulf but we cant get at it.
    if the price gets up too high you will see drilling here, mainly because obama does not want the same thing happening here.
  • scottm21166scottm21166 Member Posts: 20,723
    edited November -1
    time for "manifest destiny" for the good of the world, we need to move in and take over, regulate the worlds oil supply. This is like letting your angry teenagers who hate each other manage your finances at home.
  • RtWngExtrmstRtWngExtrmst Member Posts: 7,456
    edited November -1
    quote:Originally posted by 46270
    we have more oil under the United States, Alaska, and the Gulf but we cant get at it.
    if the price gets up too high you will see drilling here, mainly because obama does not want the same thing happening here.

    How can you be so sure that's not exactly what Obama wants. Mass riots, declare martial law, suspend elections. Done!

    He could easily have calmed the oil markets today in his speech had he merely said "America is and can be energy independent because we have plenty of proven reserves to drill into"..That he did not, speaks volumes.
  • JnRockwallJnRockwall Member Posts: 16,350 ✭✭✭
    edited November -1
    quote:Originally posted by sharpshooter039
    If it happens all the Gold and Silver people have invested in will be worth squat. People can not eat Gold. Food,Ammo and fuel will be worth 10x its weight in Gold.
    No one would be able to drive to work,companies would fail world wide,the banking system would go next as no one could pay their bills. Diesel would be almost impossible to get so almost all of your commercial farms would fail.
    Sounds like someone needs to get a handle on it before it gets out of hand


    this seems eerie close to what I was saying last night...
  • jltrentjltrent Member Posts: 9,337 ✭✭✭✭
    edited November -1
    quote:Originally posted by dano
    Good time to be retired? [:X]


    I agree, I prolonged it for a few months mainly to be greedy and it is looking more and more like I need to go ahead and do it as I am 100% vested now.
  • spasmcreekspasmcreek Member Posts: 37,717 ✭✭✭
    edited November -1
    i just contracted & prepaid propane for the next two winters but in talking to the dealer the way gasoline is made now he didn't think i could store it for any length of time...even if i dosed it up with stabil...down to hobby farming & playing with small utility tractors & wquipment so my diesel needs are small
  • SXSMANSXSMAN Member Posts: 2,616 ✭✭✭✭✭
    edited November -1
    Bust out the battery-tender ,park the F-350 and dust off the scooter.gif Vespa. Ride my bike . Walk places .Don't think I'd want to sell the truck if prices went that high , still would need a truck .
  • NeoBlackdogNeoBlackdog Member Posts: 17,240 ✭✭✭✭
    edited November -1
    quote:Originally posted by scottm21166
    time for "manifest destiny" for the good of the world, we need to move in and take over, regulate the worlds oil supply. This is like letting your angry teenagers who hate each other manage your finances at home.


    I'm sure the Russians and the Chinese will think that's a swell idea!
  • USN_AirdaleUSN_Airdale Member Posts: 2,987
    edited November -1
    quote:If it happens all the Gold and Silver people have invested in will be worth squat.

    if you can, explain this absurdity..., OK ?

    i will bet you a one oz. gold coin, (today it is $1413.10 per oz.) that my one ounce of gold will buy far more than your worthless paper $$$$$'s

    also i ordered some silver coin @ $29.00 oz. two days ago, i asked my rep. when will it be shipped and when will i get my order, "it will be shipped within 2 or 3 days and you should get it in about ten days to two weeks, wellll, today silver is at $33.05 oz., and by the time i get it, it may well be into the $40.00 range.
  • mrseatlemrseatle Member Posts: 15,467 ✭✭✭
    edited November -1
    Cool, I live in the hood and walk to work.

    I sure feel it for them suburb folks though.
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