Paid $50.00 to fill my gas tank this morning.

"John S. Shinal" wrote in message
...
(ArtKramr) wrote:
NO OIL COMPANY WILL BE LEFT BEHIND.

How about taking the bus three days a week like I've been
doing for the past year ? It's not convenient, but I do it anyway.
I can't believe you'd complain about the price of all that gas you're
burning for your own convenience. You're *retired* Art, you have the
experience to understand this stuff by now. It's not a conspiracy, if
25% of the people used economical cars, the unleaded gasoline supply
would be overflowing in two weeks. Huge supply. Prices fall as soon
afterward as the commodities traders on the stock exchange will it.
Consume less, pay less.


True BUT the USA is NOT the only oil user on the planet.
The simple fact is that the world demand for oil is rising
and the supply isnt keeping pace. Some of that demand
is definitely from the USA but Asian demand is rising
rapidly, especially in China where private automobile
ownership has jumped from pretty much zero to 10 million
in a few years.

Given that the Chinese are planning to manufacture 10 million
cars a year by 2010 the simple fact is that the days of cheap
gasoline are over.

Keith

"Keith Willshaw" wrote:
True BUT the USA is NOT the only oil user on the planet.
The simple fact is that the world demand for oil is rising
and the supply isnt keeping pace. Some of that demand
is definitely from the USA but Asian demand is rising
rapidly, especially in China where private automobile
ownership has jumped from pretty much zero to 10 million
in a few years.

Given that the Chinese are planning to manufacture 10 million
cars a year by 2010 the simple fact is that the days of cheap
gasoline are over.

I've heard there is a blooming love affair between the Chinese
and personal automobiles.

Add into that the growth of industrialization in the
developing world (to whatever degree you want to estimate), it adds to
the consumer energy requirements as considered globally. Even remotely
meeting that demand will be a huge challenge - I've seen compelling
estimates that even building lots of fission reactors couldn't keep up
with the demand for more than a hundred years or so.





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Keith Willshaw wrote:

Given that the Chinese are planning to manufacture 10 million
cars a year by 2010 the simple fact is that the days of cheap
gasoline are over.

The Greens should be delighted.

"High" gas prices are the only thing that will really spur
alternative energy development. Out of the pain of a wallet
smacking at the gas pump will come electric cars, fuel cells,
synthetic fuels, or perhaps maybe just more domestic oil
supply.

The real concern is what happens politically as China attempts
to find its own, controlled sources of oil?

F-22s/F-35s/Eurofighters against Chinese developed MiGs over
the Spratleys (assuming there is actually any oil there)?


SMH

Stephen Harding wrote:


"High" gas prices are the only thing that will really spur
alternative energy development. Out of the pain of a wallet
smacking at the gas pump will come electric cars, fuel cells,
synthetic fuels, or perhaps maybe just more domestic oil
supply.



It doesn't seem to have worked in other technologically advanced
countries, some of which have manufactured synthetic fuels and
lubricants in the past to meet wartime needs and have used electric
delivery vehicles for generations, and which can only dream of fuel
prices as low as North American ones are now.


Dave