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$100 a barrel oil by 2007?
So I'm watching CNBC this morning and this fellow was on there blabbering how oil will be over $100 by 2007 saying it's the end, Armageddon, Blah Blah Blah. I've read more intelligent people than myself (there are alot of those ) say it's bad in that the economy will go in the toilet and some others say it's good because people will have to change their habits. I guess I tend to fall in the latter camp. But what the hell do I know?
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I heard that the supposed 'oil shortage' is just a big conspiracy for oil companies to hike up the prices of their oil
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Yeah, I don't know what to think. My house uses oil for heat and I'm trying to decide if I should lock in a price now, wait a month until things (hopefully) settle down, or what.
Sure it would be a good thing if the high prices get people with disposible income to change their habits, but we don't really fall into the "disposible income" camp right now. So we just keep stocking up on firewood and blankets.
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Sue Take on the situation but not the torment |
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Sue Take on the situation but not the torment |
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I'm torn too on the locking in thing. Last year, I bought 2 tanks of gas(I'm in the country, on LP gas) at $1.35 gallon(which we could book up until Sept). I called yesterday, and it's $1.55, and MUST be purchased by 7/31. And July's REALLY slow, moneywise for me, BUT, they told my that they see this being a terrible winter, pricewise(maybe over $2/gal), sooooo, I'm off to book at least one tank on my credit card. I usually keep it pretty cold in here in the winter, but it's REALLY gonna be cold this winter.
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Christine McVie- she radiated both purity and sass in equal measure, bringing light to the music of the 70s. RIP. - John Taylor(Duran Duran) |
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Most people don't live in areas where public transportation is accessible or a viable option. In order to change their gas consumption, their lives have to be uprooted- move to an area closer to your job or school or find a job or school that's closer to your home, buy a new vehicle that's more efficient, cut down on things like extracurricular activities for you or your kids, etc. This isn't something that can be done overnight by ANYBODY, and no one's paycheck is being doubled overnight either. Change is good- but it needs to be gradual, not these steep overnight hikes. In an ideal world, I'd live in the city of Chicago again, where I could efficiently get around via the excellent CTA to whatever job, school, errand, etc. I need to get to. But I can't- I cannot afford the higher housing costs, the higher taxes (property, sales tax, etc), the high city fees (parking, vehicle stickers, even pet licenses are out of control), the more expensive goods, and the $8.00 a day in CTA fees to get to my suburban job. It all balances out. Cheaper places to live, more money on gas. More expensive places to live, less money on gas. Etc. |
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I honestly wonder how much of it is "f*ck 'em, they'llkeep buying." I mean really, we will keep buying. Gas is something I need, not something I want. I'm in the burbs too, and public transport is close to impossible from where I am to where I need to be.
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~Suzy |
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