mmasters wrote:Will the surviving US middle class over the next 30-40 years suffer from peak oil?
Plantagenet wrote:The main effect of peak oil is to increase energy prices.
Higher energy prices have the knock-on effect of making virtually everything else more expensive as well.
Of course the vast majority of the middle class is going to suffer from higher and higher energy prices in the years to come. Isn't that obvious?
mmasters wrote:Plantagenet wrote:The main effect of peak oil is to increase energy prices.
Higher energy prices have the knock-on effect of making virtually everything else more expensive as well.
Of course the vast majority of the middle class is going to suffer from higher and higher energy prices in the years to come. Isn't that obvious?
Well the upper middle class will most likely become the new middle class and that's where I intend to be the next 30 years.
Plantagenet wrote:How are you going to make yourself part of the upper middle class for the next 30 years?
Are you getting a degree in petroleum engineering?
mmasters wrote:Will the surviving US middle class over the next 30-40 years suffer from peak oil?
dolanbaker wrote:mmasters wrote:Will the surviving US middle class over the next 30-40 years suffer from peak oil?
Only if they don't adapt!
Outcast_Searcher wrote:So things like this could be used to deal with higher energy costs, and gasp, preparing for an unpredictable future. What a concept.
I don't expect this to happen quickly, or in our current government culture without a deafening amount of whining from many circles -- but over time, I do expect the reality to set in -- at least for those who prefer not to struggle and suffer economically as a SELF-IMPOSED way of life.
SamInNebraska wrote:Outcast_Searcher wrote:So things like this could be used to deal with higher energy costs, and gasp, preparing for an unpredictable future. What a concept.
I don't expect this to happen quickly, or in our current government culture without a deafening amount of whining from many circles -- but over time, I do expect the reality to set in -- at least for those who prefer not to struggle and suffer economically as a SELF-IMPOSED way of life.
Good list. It sounds as though changes in behavior would go a long way towards mitigting against higher priced energy, and if I am not mistaken, the people buying these things are probably already well aware of this fact, and transitioning already.
An even better mitigation technique would be to live close enough to work to not even need a car of course, but if you have to have one, one which doesn't need much gasoline sure could be a game changer.
MrEnergyCzar wrote:Those that clear their debts and learn to function on a homestead, living below their means will fair better..
Yes, a bicycle is better but most can't only have a bike.
MrEnergyCzar wrote:I talked about the benefits of the Volt elsewhere on the forum.
MyEnergyCzar wrote:The key is that many are trapped in suburbia due to multiple reasons and a plug-in hybrid severely reduces your oil dependence as a direct end user and gives you two ways to power your car. When I went from an SUV to a Volt as my only car, I now use about 3 gallons a month, get over 300 mpg... Yes, a bicycle is better but most can't only have a bike.
MrEnergyCzar
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