Well, I never did think of that thing that I was trying to think of last post... oh well, I am sure it wasn't that amazing anyway. You know, there has been a lot of talk about "gas prices this and energy costs that," but really, what are we complaining about? Let's talk about that black gold we call petroleum. Now, when we talk about a barrel of petroleum, we are talking more than just about combustion fuels, oh no, we are talking about our everyday lifestyle. And no I am not alluding to global warming. In fact, I could really care less about it right now! Oh no, I am talking about paying hundreds of dollars for simple medications like pain relievers; I am talking about paying more money for a computer not because it has the latest technology boosts, but because the plastic that encases it costs more because it is so scarce! You see, we use petroleum for more than just our cars, yet that is the biggest use for it right now! We burn it up like there is no tomorrow and I am sure the idea is, "Let's just use it all up and THEN we can find an alternative!" But finding the bottom of the bucket for our oil supply doesn't just mean finding another fuel for our cars, it means we lose an easy resource to create the very things we use everyday and take for granted. I am glad fuel prices are rising, in fact, I hope they go to $10 a gallon, not because I care so much for the environment, but because I want to be able to afford medications, use "zip-lock" bags, buy computers, and wash my dishes - this is my reason for wanting to find alternative fuels!
Here's how the government is handling this; the Balsa wood Blackhawk has some merit...
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3 comments:
I don't think that worrying about running out is a valid argument why the prices are so high. I don't think that's why prices keep going up either. The price can go up because of the demand, and basically because the companies in the middle east can charge that much, and people will buy, because of their dependence on driving cars. It's not just the US to blame, China is on the rise, with a population of more than four times that of the united states, along with India, who just released the most available, yet fuel inefficient car. If you make cars more available, fuel is needed, the demand rises, and there ya go. Higher prices. You want more gas, you'll have to pay more. this time though, it's not just the states.
It's staggering to think that oil is climbing higher, and costs more than it did during the Arab oil embargo in 1973.
But the demand doesn't really explain the whole picture. That explains prices of oil per barrel up to about 85 dollars, maybe more now.
Now, there's new people aside from the demand that are investing radically in oil like a stock or bonds. In 2000, there was only 9 billion dollars invested in oil, now there's over 250 billion invested. That's seven months of demand added to global market.
Yeah, I really wasn't trying to say that the high prices were a result of lack of supply, but rather, I hope the high prices drive us to find another solution because one day, it will be gone and there is no better time to get on that than now. Oh and also, I believe that petroleum is above $123 a barrell.
I know the price of a barrel now, i'm saying that's 85 dollars is the price with china and india involved only.
True, i hope it does force us to find other alternatives. (If alternatives at all) Hopefully we revert to a simpler time, where things were actually appreciated, and nature was the source of life, not dependence on oil. But, contrary to belief, i don't think the shortage of oil is as soon as many people think. I don't think it will ever run out. You have to compensate for the fact of increasing technology to find oil and actually how much is out there vs. how mush is consumed. I mean, overall, according to surveys the world has 3 trillion barrels of oil to recover still. That's only what we know of, with finding new wells everyday, all over the world. i think what will force us to find new alternatives for energy is the fact that oil has become so uneconomical as it is becoming today. people will buy better economy. the oil industry i think will snuff itself out before it runs out.
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