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Old 02-20-2006, 08:59 AM   #1 (permalink)
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Default Is petrol too expensive??

I think it is. What do YOU think??



(Will it work??)
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Old 02-20-2006, 09:32 AM   #2 (permalink)
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Well it's all supply and demand. Oil production will probably peak within our lifetime, not to mention that natural gas production has probably already peaked, and coal is not far behind. It IS all related. Plus, don't forget, any turmoil/conflict in prolific Middle East oil infrastructures or with distributors, is going to shoot up prices in the future. Imagine $125/barrel. It can happen, very soon.
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Old 02-20-2006, 09:35 AM   #3 (permalink)
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Quote:
Originally Posted by hookers with machineguns
Well it's all supply and demand. Oil production will probably peak within our lifetime, not to mention that natural gas production has probably already peaked, and coal is not far behind. It IS all related. Plus, don't forget, any turmoil/conflict in prolific Middle East oil infrastructures or with distributors, is going to shoot up prices in the future. Imagine $125/barrel. It can happen, very soon.

How much would that make it per gallon?
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Old 02-20-2006, 09:49 AM   #4 (permalink)
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It would vary per distributor. Right now, it's fluctuating around $50-60 per barrel, and about average $2.20/gallon for premium unleaded, at least it is in the midwest. So, I would think at the extreme end, we could see times when gas is between $5 and +$6 per gallon. But it really depends on the demand as well as the situation in the M.E.
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Old 02-21-2006, 03:54 AM   #5 (permalink)
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two words. "electric cars". much more efficient, environmentary friendly, and quiet. need i say more?
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Old 02-21-2006, 06:15 AM   #6 (permalink)
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Quote:
Originally Posted by ledzeppelinrulz
two words. "electric cars". much more efficient, environmentary friendly, and quiet. need i say more?
Yes, please do. Electric cars are powered from batteries charged by electricity made from burning oil in power stations. So, as it will reduce emissions on the road, the problem still lies with the power stations. I can't see any simple way out of this. Maybe we shall all have to go back to pedal power and abandon cars altogether when the fuel runs out??

Just think of what can happen. No electricity, no electric lightbulbs, no cars, no television, no radio, no computers, no Internet, no Musicbanter.... Aaaaah!!!!
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Old 02-21-2006, 09:20 AM   #7 (permalink)
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Quote:
Originally Posted by LukeM_UK
Yes, please do. Electric cars are powered from batteries charged by electricity made from burning oil in power stations. So, as it will reduce emissions on the road, the problem still lies with the power stations. I can't see any simple way out of this. Maybe we shall all have to go back to pedal power and abandon cars altogether when the fuel runs out??

Just think of what can happen. No electricity, no electric lightbulbs, no cars, no television, no radio, no computers, no Internet, no Musicbanter.... Aaaaah!!!!

Solar pannels would be much more effieciant for that.
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Old 02-21-2006, 10:55 AM   #8 (permalink)
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^ Why didn't I think of that??

Doh!!
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Old 02-21-2006, 11:53 AM   #9 (permalink)
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The car companies know what they are doing, they have bought various rights to numerious types of cars for use after petrol. Of course they won't bring them out until after or near when petrol has reached it's preak so they can make some money.

Petrol is going to peak quicker than you think, it might be in 10 years from now or less even.
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Old 02-21-2006, 12:27 PM   #10 (permalink)
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Who's to say we haven't already seen the peak?

Well once there's a visible problem, there's probably going to be an increase in liquid fuel-from-coal. Then, once coal runs out, we're f*cked, and not in any good way.

In terms of transporation fuels, I'm all about ethanol, since it can be obtained from corn, soybeans, woodchips, switchgrass, lignocellulose, farm waste, etc. None of them are really energy or economically favorable right now though. Still there's no way ethanol can meet even a fraction of the total demand.
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