Downside Of Falling Gas Prices

Status
Not open for further replies.
Quote:
Down with the evil oil companies that provide jobs and the life blood of our economy!


Our unsustainable economies....
 
We often will not volunteer to do things that benefit us. This is where compulsury taxes and law comes into play.

Our Standard of living, unfortuantely, is larger than we have resources for.
We have seen what has happened with capital when the lending pool dries up. Wait until the energy pool dries up. WE see this coming just as we saw the economic issues coming. Instead of falling behind on bills folks mayt simply not have the power to heat and cool homes or other shortages that could be inconveniences and could be life threatening could occur.
The smarter energy companies are diversifying and investing in sustainable and cleaner resources.
 
Originally Posted By: Bryanccfshr Quoted for Truthery
We often will not volunteer to do things that benefit us. This is where compulsury taxes and law comes into play.

Our Standard of living, unfortuantely, is larger than we have resources for.
We have seen what has happened with capital when the lending pool dries up. Wait until the energy pool dries up. WE see this coming just as we saw the economic issues coming. Instead of falling behind on bills folks mayt simply not have the power to heat and cool homes or other shortages that could be inconveniences and could be life threatening could occur.
The smarter energy companies are diversifying and investing in sustainable and cleaner resources.


Unlike money that we can "create" with the stroke of a pen (or a keyboard) energy is much more difficult to create. We can't borrow our way out of an energy shortage. If there is no usable energy, there is no usable energy.
 
Quote:
We often will not volunteer to do things that benefit us. This is where compulsury taxes and law comes into play.


No doubt that's why consumption went down when price went up...
33.gif
 
It is just possible that the sudden spike in oil prices helped tip the economy into recession. Now that overall global economic activity has slowed, demand is not going to pick up again because of lower prices. The low prices are due to low demand.

Understand that there is a lot more to it than the gasoline used for personal automobiles. What about the distillates (jet, diesel, fuel oil) used for shipping, railroads and airlines? Air, rail and ship cargo shipments are down worldwide.

Some of this is even "structural", that is, permanent due to improvements in efficiency made during the last cycle. Example, five LCD televisions, including packaging, fit in the same amount of space as one of the CRT type. 20 Ipods = one "boom box". This has been called the "Ipod effect" in the shipping business.
 
Last edited:
Also look at the amount of spendable cash used up by the spiked oil prices. That money was collected from many sources and not equally spread around as it was spent again.
 
Status
Not open for further replies.
Back
Top