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PeakOil is You

PeakOil is You

Peak Oil is Coming. That Won't Save the World

Discussions about the economic and financial ramifications of PEAK OIL

Re: Peak Oil is Coming. That Won't Save the World

Unread postby Outcast_Searcher » Fri 29 Oct 2021, 15:12:00

AdamB wrote:
Revi wrote: It's hard to figure out what's going on, but 1/3 higher energy prices can't be good for the economy.


A relative concept. Right now, energy prices (oil as a reference) are 45% lower than the peak oil peak in 2008 (called by TOD, and #3 of this century), and maybe 20% lower than they were for years back around 2011-2015 or so. So the world has already demonstrated it can handle higher oil prices, and those of us, like you Iver, who have begun changing our transportation fuels to something other than liquid fuels, we can be satisfied that we can still motor around all we'd like, and let the fools suffer the consequences of their transport decisions, right?

Or, those of us who are retirees and have decided not to drive much, don't really care what the price of oil is.

1). We hedge gasoline prices by being long some good, dividend paying oil stocks.

2). Even if gasoline goes to $20 a gallon, the amount we spend for gasoline is pretty trivial.

But let's pretend the world is ending if some people whine about oil prices, WAY before they reach actual problematic levels. :roll:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby AdamB » Fri 29 Oct 2021, 15:12:42

Pops wrote:You all forget the part where there is nowhere to motor too.


Doomer Porn doesn't wear as well as it did prior to 6 peak oils coming and going just this century, with one of the few remaining angles left being complaining about fuel costs, in this case ones that world GDP accepted and continued to increase with not a decade ago. They were going to tear up the asphalt roads during one of those old peak oils, anyone remember that one? Reference from post peak oil #4 this century, if memory serves.
StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020

Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby mousepad » Fri 29 Oct 2021, 16:01:10

AdamB wrote: I've got the good ol' doomer stand bye of plenty of guns and ammo!.


You've got the doomer in you, after all. I knew it. LOL.
Bunker, ammo? You also got a bunch of cans of gas in the garage? Just in case? Good for you.

I'll go for a beer now, It's friday night. Cheers.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby AdamB » Fri 29 Oct 2021, 16:28:10

mousepad wrote:
AdamB wrote: I've got the good ol' doomer stand bye of plenty of guns and ammo!.


You've got the doomer in you, after all. I knew it. LOL.


Sort of miss the ol' punji stick and homemade claymore versus guns and ammo threads myself. MZBs and starving suburban hordes fleeing and looking to overrun poor underappreciated country folk...who then of course needed the homemade claymores, guns and punji stick traps. It all seemed to make sense in an Apocalyptic "how do I convince the wife to move back to the country" sort of way back then.

mousepad wrote:Bunker, ammo? You also got a bunch of cans of gas in the garage? Just in case? Good for you.
I'll go for a beer now, It's friday night. Cheers.


Drink one for us tee-totalers! [smilie=occasion14.gif]
StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020

Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby Armageddon » Fri 29 Oct 2021, 16:29:20

BREAKING NEWS:

FRENCH PRESIDENT MACRON WARNS OF THREAT TO GLOBAL ECONOMY FROM ENERGY CRISIS

Surprise, surprise.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby AdamB » Fri 29 Oct 2021, 18:40:33

Armageddon wrote:BREAKING NEWS:

FRENCH PRESIDENT MACRON WARNS OF THREAT TO GLOBAL ECONOMY FROM ENERGY CRISIS

Surprise, surprise.


Image
StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020

Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby Armageddon » Fri 29 Oct 2021, 19:57:32

AdamB wrote:
Armageddon wrote:BREAKING NEWS:

FRENCH PRESIDENT MACRON WARNS OF THREAT TO GLOBAL ECONOMY FROM ENERGY CRISIS

Surprise, surprise.


Image



Why would it crash with trillions of debt every year? The crash won’t come until they stop. In the meantime, Welcome to massive inflation as we are experiencing
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby AdamB » Fri 29 Oct 2021, 20:33:23

Armageddon wrote:Why would it crash with trillions of debt every year?


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StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020

Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby Outcast_Searcher » Sun 31 Oct 2021, 22:05:05

AdamB wrote:
Armageddon wrote:Why would it crash with trillions of debt every year?

Why would you be right in 15 years of wrong-way posts re your frequent cherry picked economic claims of doom? Why would you be credible enough to ever admit it how wrong your claims are over time? :roll:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby Armageddon » Sun 31 Oct 2021, 22:59:01

AdamB wrote:
Armageddon wrote:Why would it crash with trillions of debt every year?


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I don’t know how you can sit there with a straight face and deny what’s happening around the globe.
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Re: Peak Oil is Coming. That Won't Save the World

Unread postby AdamB » Sun 31 Oct 2021, 23:12:40

Armageddon wrote:I don’t know how you can sit there with a straight face and deny what’s happening around the globe.


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StarvingPuutyTat says: I'm so confident in my TOTAL COLLAPSE is IMMINENT prediction that I stake my entire reputation on it. It will happen this year. - Aug 3-2020

Mustang19 says: Mods, I am just here to troll the trolls. I mean no harm.
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