The Lotus Eater

Member 628

Level 30.15

Mar 2006

|
Jul 19, 2006, 02:46 PM
Local time: Jul 19, 2006, 12:46 PM
|
#1 of 29
|
Gas prices will go up regardless of what happens in Iran. The chances of them returning to sub-$2 is nil as oil is very finite even if we use up the other untapped resources. There simply isn't enough of the resources to fit the demand and extracting oil from tar sands won't yield the quantities needed. It'll just be a short term solution when we should focus on the long term solution.
I'd love to get that Aquygen fueled car, I saw it on the Science Channel I believe, looked pretty neat. I just need money right now, I just hope the full impact of Peak Oil isn't for another several years. That's the main speculation, has the U.S. hit peak oil or not? I've heard yes we have, I've heard we hit it years ago and I've heard nope, not yet. I hope that this thing is just blown out of proportion, but considering how greedy and petty humans can be, it may be entirely accurate.
How ya doing, buddy?
|