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Countdown to 100$ oil (5) - OPEC inexorably raises floor price
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16
comments (16 topical, editorial, 0 hidden)
Re: Five Dollars a Gallon
(
none / 0
)
It hate to say this (so early in the morning, and all)...but they have us over a barrel (sorry!). They can raise prices and what are we going to do about it? At some point people will slow down on driving, and be more aware in general of conservation, but so much is dependent on oil now...so unless people make a radical change, I see prices continuing to rise <sigh>
"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia
by
whataboutbob
on
Fri Jul 1st, 2005 at 02:57:01 AM EST
[
Parent
]
Re: Five Dollars a Gallon
(
none / 0
)
Actually, the rising prices are what will bring about the radical changes that are needed in energy, transportation, metropolitan planning. It will be costly and painful at first, but I think history is pretty clear that we won't act until it's absolutely necessary. Quite a bit was accomplished during the 1970s and early 1980s in terms of making the US economy less energy-intensive and less dependent on imported oil, but progress stopped after the price of oil crashed in the mid-1980s.
by
TGeraghty
on
Fri Jul 1st, 2005 at 03:24:51 AM EST
[
Parent
]
Countdown to 100$ oil (5) - OPEC inexorably raises floor price
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16
comments (16 topical, 0 editorial, 0 hidden)
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