Ready for US $262 a barrel oil?

[act2617]

http://money.cnn.com/2006/01/27/news...tune/index.htm

[AUIII XR8 MAN]

One can only hope it doesn't get the bad.

[Lukeyson]

horry crap

[cArSiK]

not cool!

[Gilesie]

I love my company car

[Paxton]

Originally Posted by Gilesie

I love my company car

Me too, however I don't see my work allowing me to drive anything bigger than a Vespa when (and if) prices go that high.

[parawolf]

I love my push bike

[pks54]

surly in this day and age we can develope some alcohol type of fuel so we are not held to ransom to these countries that have all the oil.... sure johny red is approx $50 a litre but if mass produced it would be cheaper. image that, australia has alot of land, we could fill up half of it with fuel farms. we would then have the next sheiks driving around in gold plated fpv's....

[HLC]

hooray for ethanol :|

[ronwest]

Originally Posted by HLC

hooray for ethanol :|

...looking for something else and happened onto this:-

http://tinyurl.com/zo65d

[chich]

Don't think you're immune because you have a company car - take a guess who the first cost cutting measures will affect.

Even if the barrel does increase to such a level its not sustainable.. global economic growth would simply stop.

[Gilesie]

Originally Posted by chich

Don't think you're immune because you have a company car - take a guess who the first cost cutting measures will affect.

Even if the barrel does increase to such a level its not sustainable.. global economic growth would simply stop.

I am second in comand if they take me away I think that it wil be the end of the company.

[chich]

Originally Posted by Gilesie

I am second in comand if they take me away I think that it wil be the end of the company.

Not saying they'll get rid of you... they'll get rid of your car, or if its essential to your position give you a little corolla to drive around in.

[Falcon Freak]

Originally Posted by chich

Not saying they'll get rid of you... they'll get rid of your car, or if its essential to your position give you a little corolla to drive around in.

Looks like no more V8s for me, eh chich?

FF

[mik]

perhaps we should be looking at ways to cheaply modify our cars to run on pure ethanol if thats possible.

[TEaaron]

Originally Posted by mik

perhaps we should be looking at ways to cheaply modify our cars to run on pure ethanol if thats possible.

Retard the ignition system.

[Fairlane]

Thats a doomsday scenario, at that price the US government would fall, the world would go into recession, inflation would be rampant, many government in weaker states would collapse and generally everybody would be ИИИИed off, it would have the social effects of the great depression but with the economic conditions of the 1970s with stagflation.

Simply i dont see it happening, the US would nationalise their oil before they let it get to those levels even with a republican government.

[Falcon Freak]

Originally Posted by Fairlane

Thats a doomsday scenario, at that price the US government would fall, the world would go into recession, inflation would be rampant, many government in weaker states would collapse and generally everybody would be ИИИИed off, it would have the social effects of the great depression but with the economic conditions of the 1970s with stagflation.

Simply i dont see it happening, the US would nationalise their oil before they let it get to those levels even with a republican government.

If the Americans bomb Iran then it WILL happen. Ugly times ahead.

FF

[Keepleft]

Originally Posted by Falcon Freak

If the Americans bomb Iran then it WILL happen. Ugly times ahead.

FF

With Blair and Rice visiting recently, one would wonder -

What would you suggest they/we do about Iran's medically certifiable President? The ultimate 'very small man'.

Should we let them continue whilst broadcasting their intention to wipe Isreal off the map, the US and Britain off the face of the earth?

Or is it just some cute cheeky humour?

[gtfpv]

Originally Posted by Keepleft

With Blair and Rice visiting recently, one would wonder -

What would you suggest they/we do about Iran's medically certifiable President? The ultimate 'very small man'.

Should we let them continue whilst broadcasting their intention to wipe Isreal off the map, the US and Britain off the face of the earth?

Or is it just some cute cheeky humour?

whatever happens it wont be as simple as blowing one country off the map , more like blowing the human race to oblivian. WWIII.

[Keepleft]

Originally Posted by gtfpv

whatever happens it wont be as simple as blowing one country off the map , more like blowing the human race to oblivian. WWIII.

It is going to be a very, very tricky five years.

We have the Taiwan issue on the boil and China insisting 'you are ours' and passing l.a.w two years ago to allow for war to take it back.

We have Indonesia ever upset with us, such bastards we are.

We have China and Japan hissy fitting over some Islands and potential oil reserves in the Sea of Japan, with China warning it'll use its navy to press home the point.

We tolerate a paranoid Venezuelan president, a country with large oil output and a key US supplier, who doesn't like big nasty America.

We have Nigerian unrest, in part over locals feeling they are not being seeing enough of the profits/rewards for their oil, and in corporate terms may be correct, but corruption is a goer domestically.

We do see a growing US presence in Africa, for many reasons, not least to combat the Islamic militias running through the North and indeed right down to Suid Afrika where they raise funds.

We have Mr Hurrrooowww in the North to deal with.

Russie it is said could go eitherway, but my view is they are more allied than not and have their own regional issues. It is right they secure their energy and it is right they try and broker an agreement with the madman of Iran, 'look, let us enrich the uranium, and all will be well for you, you will not then be attacked and will be able to continue your jumping up and down shouting how much you hate America and Israel", Iran "No, you suck, keep building".

NOW, in the last year we have seen construction materials, worldwide increase in price ranging 8% - 17% owing the 'China factor', China is booming at a rate 10% per year, hence the resource demand for not just oil, but materials. Just something we have to deal with, and will.

AND India. India is hindu and will be an ally and has its own problems with insane muslim extremists. It is right we continue to play cricket with them (the Indians not the fanatics). It is developing some excellent naval and airpower, it's fleet, matches the US Pacific Fleet in tonnage and now rapidly approaches a technological comparity, which even impresses the US Joint Chiefs. It's stealth warships are certainly interesting. India has 300 years of British tradition behind them, we shall all continue to play cricket just as the yanks and Indians continue their military excersises together.

China's naval build-up over the last two years has surprised most folk, now being considered a 'real threat' in combat terms against the the US Pacific Fleet. It has till 2008 or so if it decides to use it against Taiwan and the US, should it defend Taiwan on the basis of human rights or other misguided values.

Indonesia launched another submarine a few weeks ago, they now outnumber our own. Broadcast on Metro TV. It won't say so, but is 'cautious' of India.

Malaysia's northern region muslim fanatics, as always a minority, but rarely caught, - continue to create bullИИИИ in Thailand's south killing those deadly nasty Buddhist.

The same scenario plays out in the Southern Philippines, a few US forces are about, assisting as they do, but cannot stop the attacks on civilian ferries, the slaughter of those evil catholics and so on.

If China and Tawian get into bed together and make up, a large burden will be lifted.

We shall see.

[Casper]

Originally Posted by Falcon Freak

If the Americans bomb Iran then it WILL happen. Ugly times ahead.

FF

Rubbish.

The greatest oil producers are in South America, North America, Russia and the US already has Iraq in its pocket now.
If the prices go ballistic like this the US WILL rationalise its oil prices based on cutting out OPEC, subsidise what it needs to in Iraq to increase production 500%, pull Russian production up by the bootstraps and basically make OPEC redundant to all but China... who would be inclined to tell OPEC they are readyto invade to get the oil it now needs. Its a fine line but as the US is a massive fuel user and will NOT allow its control of global economics to be undermined but insane oil prices.

[gtfpv]

that is only a hyperthetical story.

[Dodge]

im sure jonny howard is going to worry, i remember seeing a line of gov cars all running in a long line outfront , some had been there for 3 hrs idoling away with the ac on

[Dodge]

y cant we use a veg based oil, after all petrol is more chemical these days

[flappist]

If the third world tries to hold USA & China to ransom over this then they will be occupied and their oil "aquired".

End of story.

Anyone who believes anything else is in for a shock........

[Falcon Freak]

Originally Posted by flappist

If the third world tries to hold USA & China to ransom over this then they will be occupied and their oil "aquired".

End of story.

Anyone who believes anything else is in for a shock........

The occupation option works very well as can be seen in Iraq at the moment.

FF

[AnthonyQLD]

I Cant wait :

[Keepleft]

Originally Posted by Falcon Freak

The occupation option works very well as can be seen in Iraq at the moment.

FF

IF you think for even a moment America has *really tried* and failed militarily, then you would be very mistaken.

On the contrary, it has been very very gentle with Iraq.

[AnthonyQLD]

Originally Posted by Keepleft

On the contrary, it has been very very gentle with Iraq.

Correct.