Oil at $300

Human Events ^ | 07/04/2008 | Terry Easton

[RightWhale]

As on the other threads, oil at $300 = world economy STOPS.

[Flavius]

yes but carbon credits will be amazing

[Ratblaster]

That'll finally get the bastards out of their cars and on to our shiny buses.

[Coffee200am]

...it’s for the children and Earth...

[RightWhale]

Won’t be any buses.

[geo40xyz]

Yep! First thing an ob-rat-congress would issue 'transportation' stamps to the 'needy' and ADD at $1.00/gal tax to gasoline to pay for the stamps......

Socialism is well on the way:-)

[A. Morgan]

http://www.liquidcoal.com/

[csmusaret]

Lock Congress in Gitmo until gas is $2.50 a gallon again.

[ProtectOurFreedom]

Wow! Extremely common-sensical essay written by a university professor? In the economics department, no less? Color me impressed. I’m sure his students are getting a great education.

He forgot to mention the outright denial of permits for new coal fired power plants because they do not sequester CO2 which is now declared a “pollutant” in the same class as sulfur oxides, nitric oxides and particulate matter. This is absolutely going to kill us.

I’ve always thought that it is criminal to make electricity from natural gas. It is far too valuable as a home and commercial fuel and a feedstock for higher-value products. Nuclear and low-value coal should be used for generating baseload electricity and reserve gas for running peakers.

[Ratblaster]

Riding the bus is patriotic.
Bus riders are better lovers.
Real men ride the bus.
Cars are for losers.
Bus riders are smarter.
Bus riders are better people.
Bus riders love puppies, kittens, dolphins, and unicorns.

[RightWhale]

Peak Coal coming soon.

Peak uranium in 20 years.

[Ratblaster]

America has too much freedom, and not enough buses.

Happiness is mass transit.

[TLI]

But the facts appear to be that the US Democrat-controlled Congress intends to destroy the Republican middle class with $11 per gallon gasoline.

and yours...

As on the other threads, oil at $300 = world economy STOPS.

The SWHTF before that. With crude at $300 fuel in most of Europe will be around $30 - $35 a gallon. In other words too much. Here in the US that will have diesel at $10 to $12 or more. And that is simply too much.

The cost of fuel to move goods around will be so far out of sync with the rest of the business model that everything will just stop moving. No food delivery, no medical supplies, even the fuel itself, etc. When that starts to happen, the liberals/socialists/communists will demand emergency procedures and the enviro-whacks will be dumped by the commies around the world.

Then drilling, pumping, uncapping and new exploration will get kicked into high gear.

[Ratblaster]

Drivers are losers, important people are driven.

[A. Morgan]

Peak RightWhale is here NOW!

[Perdogg]

http://www.freerepublic.com/focus/f-news/2040782/posts

[Perdogg]

http://www.freerepublic.com/focus/f-news/2040782/posts

http://www.freerepublic.com/focus/chat/2040746/posts

[DB]

Countries won’t just sit around and let that happen.

There will be wars and a lot of dead OPEC member citizens before that is allowed to happen for any length of time.

[Syllojism]

In 2004, the $30,000-$50,000 income range was evenly split between Bush and Kerry. The further down you went the more heavily they voted Kerry, and the further up you went the more heavily they voted Bush.