Sorry for name calling, but...
Big time consumption has been egging on the "S & D" equation for a long time
now.
The fact that the most recent hyper-spike in price has only curbed
consumption marginally just goes to show how lucky we've been so far....
(In other words, I feel like its fortunate that it hasnt been like this for
years instead of months).
I too remember what it was like when SUPPLY was down - based on the Arab oil
Embargo -
odd thing back then I seem to recall very little price gouging - but the
worldwide price of crude didn't go over $20 even when there was a shortage
of it.  But yeah - that was a much "larger dollar".
What we are experiencing now are the first bands of thunderstorms generated
by a MF of a hurricane.  The fact that fuel consumption efficiency has
steadily DECREASED since 1987 with our testosterone-driven 'gotta have more
power and size' consumerism has advanced our progress toward the brink.
Consumerism isn't the reason the brink exists.  Escalades and Hummers aren't
the reason we're running out of petroleum resources, they are why we are
running out sooner than we should have.
-WaV


On Fri, Jul 18, 2008 at 10:27 AM, Fritz Holt <fh...@townandcountryins.com>
wrote:

>  Wavy,
>
> I guess I only qualify as a Butt Head as I drive a 210 HP Ford *Exploder*that 
> only gets 20 MPG highway. As has been mentioned, a big part of the
> problem is S & D. With China, India and Russia demanding more oil and
> gasoline, the supply can't keep up. I feel a little pain but I am with
> Philip in that I am just glad that I can buy the gas. It was about 1974 or
> 75 when it was so scarce that I had to know a local official in Hondo to be
> able to buy gas there for a caving trip further west.  I don't have the
> solution but I still believe that it is in the best interest of all US
> citizens that congress open all accessible areas to environmentally safe
> drilling.
>
> Happy Motoring, as one of the major oil companies used to advertise.
>
> Fritz
>
>
>  ------------------------------
>
> *From:* Don Cooper [mailto:wavyca...@gmail.com]
> *Sent:* Friday, July 18, 2008 12:43 AM
> *To:* Philip L Moss
> *Cc:* texascavers@texascavers.com
> *Subject:* Re: [Texascavers] OT- gas prices
>
>
>
> No - but I would give my left nut to go back to the days that gas was 1.05
> a gallon, when I was making only $19.00 an hour with excellent health
> benefits and rent, including paid utilities were only $500 a month.
> Basically, you can blame a lot of the current energy situation, worldwide,
> on assholes who feel like they are ENTITLED to drive 350hp giant SUVs
> everyday everywhere for anything.
> -WaV
>
> On Thu, Jul 17, 2008 at 6:14 PM, Philip L Moss <philipm...@juno.com>
> wrote:
>
> Do you want your income to revert to what it was when gas was $0.699/gal.
> also?  Personally, I find it less painful to fill up today than I did in the
> mid-1970s.
>
>
>
> BTW - gas prices in some places in the US in 1906 was $1.06/gallon.
> Inflation calculators say that is equivalent to over $25/gal. in 2008
> dollars.  1906 was the first year anyone drove from coast to coast in the US
> and it the trip cost about $8,000 in 1906 dollars (fuel, food, maintenance,
> and a mechanic's salary for the trip).  There is a movie called "Horatio's
> Drive" about the trip.  Energy prices have been high before, just not much
> in living memory.
>
>
>
> BTW - we do have subsidized gas prices in the US.  There are numerous tax
> breaks specifically for oil companies, their waste is never treated as
> expensively as the same waste from other industries, and I don't believe
> that the American people are getting fair market royalties for oil produced
> from public lands.
>
>
>
> Philip L. Moss
> philipm...@juno.com
>
>
>
> Louise Power <power_lou...@hotmail.com> writes:
>
>  >snip<
>
> Yipes! I remember when I thought I was being ripped off at $0.699/gal.
> Gimme back those days!!!
>
>
>
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