Subj : Re: Larry King To : alt.tv.farscape From : John Iwaniszek Date : Wed Aug 31 2005 23:47:12 From Newsgroup: alt.tv.farscape weirdwolf wrote in news:Xns96C3E488061D5r73u67jw56nas@80.5.182.99: > 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 > Demand is presently exceeding supply. Or is that merely stating the obvious? .