The Oil Crash - The End of the American Dream

[zzz12345678a0]

Peak oil is inevitable, and no one will do anything to prevent it. Heck, politicians won't even acknowledge it.

You might as well make a profit off the long term increase in oil prices - my favorites are the Canadian tar sand producers, like SU, who have the "oil in the ground" and are in one of the most politically stable parts of the world. Canada also has a rich and "thirsty" neighbor to the South to help keep demand high. ;-)

[BuffaloTPU]

I never spent 4.07 for a Bottle of water

[imreloadin2]

Psh the Zombie Apocalypse will happen well before Peak Oil so we don't have anything to worry about.

[legorret1]

I like Hummer's it's cool !

[Stan1208]

Watch for huge oil spikes closer together starting in late 2011. Look for gas prices to double by then.

[legorret1]

I love Hummer's !

[yragntman]

This is not cobwebs. Oil peaks have already happened in many many big oil fiels. It happens in every oil field. Eventually all the oil is pumped. This is a fact.

The ultimate answer to SO WHAT.

[ShepperdW]

@yragntman Oil is renewable, just not within a lifetime, hence considered a non-renewable resource. What we need to do is become more energy efficient to slow down on the usage so that it could catch up

[Clausewitzz]

@ShepperdW

Explain how oil can be renewable? There are fields that ran dry in the late 1800's and every field that did since the first hasnt showed great sings of a refill.

So this renewal is either nonsence or goes so slowly that it doesnt matter cause it woundt even support for 0.001% of the world needs.

The treu alternative is transport fuel, when oil can be replaced there the world oil needs can drop so great that the remaining oil is suddenly enough for centurys instead of decades.

[ShepperdW]

@Clausewitzz Learn to spell before making an "educated" comment.

[Clausewitzz]

@ShepperdW

Only somebody who doesnt know anything better to say would make a comment about something as pointless as 'spelling' on youtube.

[ShepperdW]

@Clausewitzz No... only someone who doesn't feel like taking the time to explain why every part of your argument is wrong would say something like that.

[Clausewitzz]

@ShepperdW

If you had any argument you would have made exactly that instead of nonsence.

[okostosvevidi]

@ShepperdW haaaa hahahahahhaha! this is Oetzi talking! hahahahha

[judgex]

Holy christ, "we need to get the price up" because a cup of coffee is more expensive by unit volume?

Unit volume is irrelevant. My human body can drive all day on a $5 cup of starbucks. My car cannot go all day on a cup of gasoline, moron.

$0.30 to drive a mile and a half? SO WHAT? I walk that far for free in 20 minutes. The price must go down to be closer to being on parity with how far I can travel on foot with a cup of rice and a canteen of water, not the other way around.

[knab69]

A lot of this is irrelevant. So what if we buy more oil than anyone else? A lot of poor countries have wealth because of the U.S. buying oil. Clear the cobwebs out of your mind.