G-20, U.S. Economic Analysis and a dash of Global Warming :)
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It's like a bell curve and we're supposedly at the top headed down. So it will be several decades of ever increasing prices. Of course you have to consider the speculators will run the prices way up before it would technically hit those prices. Probably lots of hiccups! Oil shale is an awful waste of energy they have to process tons to get a barrel so we'll probably be talking $8.00-$12.00 a gallon or more excluding inflation when we get to that point.
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That's an interesting thought...
I wonder how gradual this process will be. I mean...Do you suddenly wake up one morning with all the oil gone? Does processing Oil Shale become more and more attractive, even though it's harder to extract, and thus slow the process down?
I think it'll happen gradually enough (with a few hiccups, of course) for us to adapt.
At least...I hope it does.
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Imagine all these corporations that flocked to low wage countries having to rebuild in a decentralized fashion. Oops! What a colossal waste of money we spent moving everything to China.
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Well yes...Peak Oil may be a problem for distribution. At the least, it will force food producers to ship their products shorter distances, as prices rise.
I could actually see a time when manufacturing may be FORCED into becoming more modular and local, as well, as shipping prices increase.
Either way...People are good at spotting the needs of others and fulfilling them. It's what we do.
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Yes there are distribution problems that cause a lot of misery but still resources are dwindling. Our most precious commodity being oil which has more and more demand while countries aren't able to produce the quantities that they had previously. As each year goes by attempts to continue extracting the same amount requires deeper drilling for smaller amounts.
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No!
We've got plenty of natural resources...We've just appointed the wrong authority...The Federal Government...To decide where those resources are allocated.
The free market has, historically, done an exemplary job of allocating resources.
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Yep, same one. What are they disputing? The fact that there have been times prior to now when the average earth temperature was higher? The fact that CO2 doesn't track the way Al Gore made it out? The fact that scientist measure the amount of sunlight that actually hits the earth and are getting conflicting results? The fact that cleaning up our air will have a reverse action because we'll reduce the particulate that prevents the sunlight from heating earth even more?
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Overpopulation is already our undoing. Every 3 seconds someone dies of starvation. The underlying message is that we don't have enough natural resources to even insure survival of the people on earth today let alone a future that would have everyone migrating to middle class.
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cityguyusa. I mean no offense, but I believe never is a better word. There will never be wage inflation in China.
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It will be years until China will be at any level to buy enough of it's own goods to toss America aside.
Global warming - check out a flick called "The Great Global Warming Swindle".
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Must see video.
Rep Grayson questions Fed Lead attorney Alvarez
Alan Grayson : "Has the Federal Reserve Ever Tried to Manipulate the Stock Market "
watch?v=YKRnJ5WW0CM
coultrane 2 years ago 5
Yes, historically the planet has gone thru natural warming and cooling cycles that tend to last around 30 to 35 years. The last warming cycle peaking in 1998 and we have been slowly cooling for the last 10 years. Man is responsible for less than 5% of greenhouse gasses. G.W. is just another scam.
GreenacresEmigrant 2 years ago 4