Reality of oil's record highs pushes ...

Reality of oil's record highs pushes consumers to change behavior

There are 32 comments on the Chicago Tribune story from Apr 18, 2008, titled Reality of oil's record highs pushes consumers to change behavior. In it, Chicago Tribune reports that:

With oil and gasoline prices at all-time highs, the most luxurious indulgence of the seductively-curved Lamborghini Gallardo Spyder might be that it gets 12 miles per gallon.

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Latimer

Cicero, IL

#22 Apr 19, 2008
Before total panic sets in, it might be worth noting that the world is not going to run out of oil at any time in the 21st century, providing plenty of time to develop new battery technology to be powered by numerous new nuclear power plants. Over 70 percent of the earth's surface has NOT been explored for oil, according to geo-scientists. Further, data produced by the U.S. Department of Energy shows 1.3 TRILLION barrels of proven oil reserves worldwide, more than ever in recorded history, despite a doubling in world oil consumption. Of course, some real information kind of dampens the dooms day scenario of the panic peddlers.

“Ds and Rs are crooks.”

Since: Apr 08

Berwyn, IL

#23 Apr 19, 2008
Tough Love wrote:
<quoted text>
It's not going to happen. There just isn't the quantity there to provide a solution. We need ALTERNATIVES to oil. We should be burning rubber to develop hydrogen technology.
I am interested in the China drilling. Do you have a link?
No longer I read it a few weeks back. Alternatives will only be a part of it. Oil is what drives the world and will for a long time.

One thing home owners can do now is install tankless water heaters. I have one and its great. Looking into the new vertical axis wind turbine for the cities( http://www.brightideaes.com/ ). Its about 4' tall and typically lowers your electricity bill by 50 to 90 percent. Me and the wife are doing all we can as we get the money.

I'm redoing the gutter to catch rain water and tie it into the drip irrigation system for the vegetable garden.
Patrick

United States

#24 Apr 19, 2008
Is it patriotic to drive an SUV if you are wearing a flag pin on your lapel?
jhk

Greenwood, IN

#25 Apr 20, 2008
The more E85 that is produced and the more people buy better efficiency cars, the faster fuel prices will go up. They have a profit point and will continue to raise gallon prices to get there. Less fuel bought, the higher the prices will go and the smaller and smaller the cars will get. We must get Congress to open up the process to claim oil from within the United States and end this dependency on foreign countries. People blame the President, where in the heck is Congress in this matter? Oh yes, a political year and no one wants to touch the hot button.
wondering2

Greenwood, IN

#26 Apr 20, 2008
Someone just told me that it takes one gallon of fuel to make one gallon of E 85. Can I ask what sense this makes? All I can see is that it has raised the price of the food I must put on my table. I think the automakers can do A LOT more when it comes to engine efficiency and needs to be prodded up the rear to get it going. It may be time to get into the nations reserves.
centralscrutiniz er

Sterling, IL

#27 Apr 20, 2008
Latimer wrote:
Before total panic sets in, it might be worth noting that the world is not going to run out of oil at any time in the 21st century, providing plenty of time to develop new battery technology to be powered by numerous new nuclear power plants. Over 70 percent of the earth's surface has NOT been explored for oil, according to geo-scientists. Further, data produced by the U.S. Department of Energy shows 1.3 TRILLION barrels of proven oil reserves worldwide, more than ever in recorded history, despite a doubling in world oil consumption. Of course, some real information kind of dampens the dooms day scenario of the panic peddlers.
Let's see, 1.3 trillion in reserves divided by 29.9 billion barrels a year in current consumption (according to CIA World Factbook) comes out to about 43 years of oil left.
That's a little trick I like to call "math".
Sooo, you're saying I shouldn't panic until AFTER the world's markets come to a crashing halt?
Hey, I'm all about dealing with problems rationally, but wake up and smell the 21st century; the oil economy is unraveling before our eyes. I'm tired of hearing from all the John Edwardses of the world who want everyone ELSE to "go green" so THEY can keep driving their 8 mpg land-yachts and profit-mongerers who want the thinking among us to hide our heads in the sand while they pillage the village.
I'm not done with college yet; I want my share too-
jake

Cambridge, MA

#28 Apr 20, 2008
Latimer wrote:
Before total panic sets in, it might be worth noting that the world is not going to run out of oil at any time in the 21st century, providing plenty of time to develop new battery technology to be powered by numerous new nuclear power plants. Over 70 percent of the earth's surface has NOT been explored for oil, according to geo-scientists. Further, data produced by the U.S. Department of Energy shows 1.3 TRILLION barrels of proven oil reserves worldwide, more than ever in recorded history, despite a doubling in world oil consumption. Of course, some real information kind of dampens the dooms day scenario of the panic peddlers.
It's not that oil is going to run out, but that we've already drilled most of the easy-to-get oil. So the oil that's left is increasingly difficult to get out, which means the price is going to keep going up.

Not only that, but the billions of people in China and India are consuming more and more oil, so demand is increasing at the same time that supply is getting more expensive. Since we rely on oil for so many things (gas, plastics, pharmaceuticals, pesticides, chemicals, industrial lubricants), the cost of living is going to skyrocket.

Doesn't it make more sense to stop using oil for what we don't need so we can keep what's left to produce what only oil makes? With a strong system of public transit we could dramatically reduce the amount of oil we use for transportation so that other petroleum-based products will be cheaper. But we need to act now and start investing heavily in transit, so let your Illinois representatives know that the current capital bill - which massively underfunds transit - needs to be changed to help us cope with rising oil prices.
The R

United States

#29 Apr 20, 2008
jake wrote:
<quoted text>
It's not that oil is going to run out, but that we've already drilled most of the easy-to-get oil. So the oil that's left is increasingly difficult to get out, which means the price is going to keep going up.
Not only that, but the billions of people in China and India are consuming more and more oil, so demand is increasing at the same time that supply is getting more expensive. Since we rely on oil for so many things (gas, plastics, pharmaceuticals, pesticides, chemicals, industrial lubricants), the cost of living is going to skyrocket.
Doesn't it make more sense to stop using oil for what we don't need so we can keep what's left to produce what only oil makes? With a strong system of public transit we could dramatically reduce the amount of oil we use for transportation so that other petroleum-based products will be cheaper. But we need to act now and start investing heavily in transit, so let your Illinois representatives know that the current capital bill - which massively underfunds transit - needs to be changed to help us cope with rising oil prices.
It isn't just gas that we derive from oil, Jake. Guess where plastic comes from? Yep, from petroleum--and we're a plastic-based society. So, along with fuel, for our vehicles, we may have to develop other sources for the materials we depend upon, to live. It will certainly be a neat trick, to pull off.
Mowog

Mount Prospect, IL

#30 Apr 20, 2008
The R wrote:
<quoted text>
It isn't just gas that we derive from oil, Jake. Guess where plastic comes from? Yep, from petroleum--and we're a plastic-based society. So, along with fuel, for our vehicles, we may have to develop other sources for the materials we depend upon, to live. It will certainly be a neat trick, to pull off.
Yes, don't buy Ipods either ;-)
chan ho

Schiller Park, IL

#31 Apr 20, 2008
wondering2 wrote:
I think the automakers can do A LOT more when it comes to engine efficiency and needs to be prodded up the rear to get it going.
They can but WON'T until they are legislated to do so. I'm sure they already have the technology, but are waiting until they are mandated by Washington to improve mileage quotas. And don't hold your breath waiting for that ot happen since their lobbyists slather cashola all over every Senator and Representative they can.
mr_e_date

United States

#32 Apr 20, 2008
Emmy in Evanston wrote:
Just who is controlling oil prices? It's not only the growth of India and China. There is something else going on, and it's not OPEC either. What do you want a bet that someday it comes to light that there are a cadre of movers and shakers on an international level, maybe even a hedge fund. They're speculators, and they're making a fortune by betting that the price of oil will go up -- and guess what?
It's called the stock market. No different than placing your money on the pass/don't pass line at the Craps Table. All you have to do is assess the skills of the shooter.

Your inference to a conspiracy is a joke (and so are all of the other references to Bush making money for his oil buddies elsewhere in this post).

For the record, your other post about how clever you are about being able to walk to your job, grocer, doctor, et al is rather insulting and condescending to those who just don't have that option, nor want to.

Let's put our thinking caps on and sort this out.

We're blaming oil companies because of the record profits. Yet we're keenly aware that former undeveloped nations are now developed and desire oil at unprecedented levels. If the business model doesn't change (and it hasn't), the more oil sold, the more profit made. Hmmm, seems pretty straight forward to me. High demand, high profit. So far so good.

Now let's start thinking about the production of oil. First, Climatologist have alerted us that the earth is changing (no denying the depletion of the ozone). There's a good theory that the use of fossil fuels as an energy source has assisted in the evolution of the earth (for the worse). With the demand for fossil fuel at an all time high, shouldn't we be more concerned about the ramifications to the earth than about gas prices?

Second, certain members of the science community have alerted us to the fact that the world's oil supply is getting low. This makes sense since our desire is so high. And since oil reserves do not naturally replenish themselves, once they're gone, they're gone. Are we fooling ourselves by thinking that there's an endless supply somewhere? Are we going to risk further damage to the fragile ecosystems of the earth to go and get it?

Now's the time to press for an alternate fuel source. Historically, as a nation, we've shown a tremendous resolve. We can solve this problem. We also have a number of factors in our favor.

1) Environmentally, it's politically correct.
2) Gas (oil) prices are at record highs, so consumers are fed up (i.e. willing to try other avenues of thought).
3) Government (US/Middle East) relationships are strained. Our elected leaders might be looking for a way to leverage bargaining.
4) The turmoils in the Middle East are not worth the risk of exploration or diplomatic avenues. Maintaining the status quo might not be in our best interest.

Now is the time to strike while the iron is hot. Now is the time for our future president to act. I'd like to see my future grand kids experience the goals set in motion today by our resolve.

Since: Oct 08

Córdoba, Spain

#33 Oct 26, 2008
all answers to questions about lamborghini cars you can find on new web site

www.bullcars.com

lamborghini cars and spare parts for sale

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