91439306
15,000 Watts of Bass Power
join:2002-10-16
New Milford, CT
| reply to briand805
Re: We're all gonna die!!!
It's not a matter of bargaining with nations. It's a matter of physics. The easily-extracted oil is just about gone. We've reached, or will reach the peak in the next month, according to geologists working at Shell. Once oil wells start dropping off in output, while India and China are starting an unprecidented ramp up of industrial oil use, economic law will dictate that prices rise exponentially until fewer and fewer people can afford to buy oil. This effect will work from the bottom of the economic scale, upwards.
As it is, this winter will see an epidemic of people freezing to death in the Northeast. CACD won't be able to provide enough oil to heat the homes of the poor. Many elderly have already turned their thermostats down to health-threatening levels. They will have to turn them down another 6ºF to cut usage enough to flatten the cost this year vs. last year--only trouble is, most thermostats don't go below 50ºF.
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Take care,
Mark & Mary Ann Weiss
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