Subj : Re: Larry King To : alt.tv.farscape From : weirdwolf Date : Wed Aug 31 2005 22:32:02 From Newsgroup: alt.tv.farscape Tyler Trafford wrote in news:3nmla3F2a6dfU2@individual.net: > weirdwolf wrote: >> Tyler Trafford wrote in >> news:3nmkgoF2a1tqU1 @individual.net: >> >>> weirdwolf wrote: >>>> Steve Brooks wrote: >>>>> weirdwolf wrote: >>>>> >>>>> >>>>> >>>>>> Which should lead to the development of brown field innercity >>>>>> sites and the development of better mass transportation. >>>>> >>>>> Why should there be any move towards better mass transportation >>>>> when petrol is a mere $4/gallon? >>>> >>>> I'm an advocate of increasing fuel prices to the consumer, might >>>> stop people driving the 15 minute walk to the shop. >>> >>> Wouldn't that just increase cost-of-living and just cause inflation? >> >> Yes and no. Prices would increase as a result of increased >> transportation costs, but you could offset that by other means. The >> cost of living due to spiralling petrol prices is happening anyway, >> were are talking about the same sort of prices for oil as after the >> Iranian revolution. It will continue to rise no matter what, >> instabilities in the middle east and elsewhere, the North sea >> reserves are draining rapidly, the scarcity of easily accesable >> reserves mean that unless you switch to an alternative source of >> power that stuff like tar sands will have to be exploited. More >> difficult to extract and to actually get to, with a corresponding >> price increase. A lot of the goods in this country used to be >> transported by rail I'ld like to see this return. > > What gets me is how the price increases are due not to supply > shortfalls, but by the threat of possible future shortfalls. No, supply shortfalls are happening now, there is just not enough refining capability to produce the right fractions required. China has a huge requirement which is getting larger every day. This is what peak oil is all about. Wether we've reached it yet or not I am uncertain, lets face it I am way to stupid to understand this kind of thing, but all the data doesn't look good. Ted -- Stare too long into the abyss and the abyss looks like a nifty place to hide the bodies .