[babystrangeloop]

Talks as South Africa strikes enter second week
By Andrew England in Johannesburg / FT / July 18, 2011

South African energy companies held talks with union officials on Monday in a bid to end a strike that has forced more than 200 petrol stations to run out of fuel and triggered panic buying by motorists.

... Some deliveries were being made with police or security escorts, but panic buying was exacerbating the situation, industry officials said.

... Eric Cornelius, a spokesman for the Southern Africa Bus Operators Association, said the fuel reserves of many bus companies were running low and warned that some services could be suspended if the situation continues. “If these bus services are suspended, it could have a major impact on the economy,” he said. ...

[vision-master]

Public buses have there own fuel storage tanks - ever seen one pull into a service station to fill up......

[babystrangeloop]

Yeah, I know it's about a labor strike but it's a window into what happens when there is a supply disruption too.

[babystrangeloop]

Public buses have there own fuel storage tanks - ever seen one pull into a service station to fill up......

Yeah and they have their own oil fields, wells, refineries, etc. They were smart when they introduced Vertical Bus Lines, Ltd. there.

[dolanbaker]

Public buses have there own fuel storage tanks - ever seen one pull into a service station to fill up......

Usually only a few days supply though!

[peeker01]

The point is Peet, you are a one trick pony. Unions have been going on strike for a hundred years
now, and for most of the time, oil had commodity pricing of about 20 per barrel. Unions strike
for a variety of reasons, and yes, price inflation is just one of many. You do the PO cause an
injustice when you attribute too many daily happenings to PO.

Now, why don't you post one of those nice photographs to demonstrate your command of the
topic.

[peeker01]

Peet - When I look at the top of the screen, I see the words"Exploring Hydrocarbon Depletion"
When you label most everything the result of PO, you are not "exploring". When you try
to intimidate those who are exploring with ad homs, name-calling and degradation, you turn
away others trying to explore.

I have been prepping for several years, and I will continue to. I will not, though, throw all reason
to the wind in favor of zealotry. Now, how about a pretty picture?

[John_A]

Yeah, I know it's about a labor strike but it's a window into what happens when there is a supply disruption too.

It is confusing, mentioning that bus service might stop, stations run dry, at a peak oil website, when it has nothing to do with it. Hope springs eternal, and all this waiting gets to all of us sooner or later. But shake out of it man!

[peeker01]

Do I think a South African truck driver's strike is caused by peak oil? No.
Do I think the Greek debt crisis is caused by peak oil? No
Do I think the Canadian postal strike was caused by peak oil? No
Do I think the French police strike was caused by peak oil? No
Do I think Opec is doing a bang up job of match supply with demand? Yes
Do I think Goldman Sachs is taking advantage of this? Yes
Have I seen any evidence of an oil shortage since 1973? No
Will a carbon tax bankrupt America and Europe? Yes
Will Peet and friends label this the result of PO? ............
Is it possible PO will happen in the future? Yes

[ian807]

The point is the peak-oil apocalyptic feedback loop.

Higher prices for food and fuel (and all consumer products) stress the rig worker, refinery operator, the gas station attendant, etc. And they demand more money to live. Wages demands increase but there is no money to pay. Strikes and chaos. Peak oil.

You're close. When oil gets expensive enough, and prices inelastic enough, then the high price of oil increases the price of all oil-dependent products and services, including the price of locating, extracting, refining and distributing petroleum products.

High oil prices start to feed on themselves until the economy goes through a catastrophic crash, and recovers, and crashes again for the same reason. Rinse, lather and repeat a few more times. Then all the trillions of barrels of energy-negative, hugely expensive, low grade hydrocarbons miles beneath the earth won't do anybody any good at all.

[Cog]

Which is exactly why those trillions of bbbls of oil shale will sit right there in the ground no matter how much the Republican Party likes to talk about them being some sort of answer to peak oil.

[Lore]

It's a little more complicated. I believe you also have to factor in the snap back effect of these crashes. Once real panic sets in, after markets realize the repetitive and upward cycle, there will be a natural proclivity for oil producing countries to pull back exports and control their limited reserves which will only exacerbate the problems of supply even more.

[vision-master]

The point is Peet, you are a one trick pony. Unions have been going on strike for a hundred years
now, and for most of the time, oil had commodity pricing of about 20 per barrel. Unions strike
for a variety of reasons, and yes, price inflation is just one of many. You do the PO cause an
injustice when you attribute too many daily happenings to PO.

Now, why don't you post one of those nice photographs to demonstrate your command of the
topic.

I've seen this posting style before. Shorty?

[Lore]

I've seen this posting style before. Shorty?

You cannot hide the true nature of evil for long...

[peeker01]

Has anybody noticed how the name calling always begins when the rebuttals run dry?