BlackFox
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Post by BlackFox on Jun 20, 2012 8:55:28 GMT -5
Well, I'll just admit up front that I was one of those people that thought the fall of oil/gasoline prices at election time in 2008 was just alittle too convenient and thought that somehow, the Bush administratrion was pulling some strings. I was wrong. It looks like there's a good chance it could happen again. www.foreignpolicy.com/articles/2012/06/19/the_coming_oil_crash?page=0,0 There are many layers to this. Russia could intentionally blow up the Syria situation and cause oil to go back up. Same for Iran. Drastic drops in oil prices would make shale oil extraction not economically feasable and could shut down one of the few bright spots of our economy. Thoughts?
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Post by Justin Thyme on Jun 20, 2012 11:44:42 GMT -5
I think if you start commuting and running errors by bicycle the price of oil becomes moot.
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BlackFox
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Post by BlackFox on Jun 20, 2012 12:01:52 GMT -5
I think if you start commuting and running errors by bicycle the price of oil becomes moot. I doubt that very seriously. Every product you buy is in some way affected by the price of oil. You might ride a bike to go get it, but I bet it wasn't delivered by bike.
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Post by Justin Thyme on Jun 20, 2012 12:36:05 GMT -5
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Post by Justin Thyme on Jun 20, 2012 12:55:30 GMT -5
And to get back on to your article, I can't see how the US can do anything but benefit from a crash in oil prices. If prices drop low enough to stop drilling for shale oil they will be low enough for other sectors of our economy to boom. The problem comes from countries that have not diversified their economy and depend only on the oil sector to prop up the country. Most of those countries are not our friends.
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BlackFox
Senior Forumite
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Post by BlackFox on Jun 20, 2012 13:02:14 GMT -5
Yes, I agree it will be a huge benefit. I believe that the only way this economy gets back on track is for more money to make its way into the pockets of the lower and middle classes. We need consumption not more money being shoveled into trust funds.
Of course, if the economy recovers, oil prices as well as the price of everything else will probably go up.
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Post by Half-Tard on Jun 20, 2012 13:10:03 GMT -5
That dude is pushing that bike not riding it. They've been riding bikes and scooters for years in India and they still pay more than we do and always have..Won't make a dent...
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BlackFox
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Post by BlackFox on Jun 20, 2012 13:27:04 GMT -5
Looks like quite a utopia you've got imagined there, JiT.
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Post by Justin Thyme on Jun 20, 2012 13:50:09 GMT -5
Utopia is what we should imagine. No progress will be made imagining a dystopia.
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BlackFox
Senior Forumite
Stay thirsty my friends
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Post by BlackFox on Jun 20, 2012 15:25:57 GMT -5
Utopia is what we should imagine. No progress will be made imagining a dystopia. I suppose some peoples one is another persons other. You see the bike. I see the kid.
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Post by Justin Thyme on Jun 20, 2012 15:58:28 GMT -5
I look at both, bike and rider. In that picture I see a young man using his body in the way it was meant to be used and benefiting from good health because of it. In my vision I see him laboring in clean air and earning a decent living doing something he enjoys doing.
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Post by ssmynkint on Jun 20, 2012 17:18:01 GMT -5
Nice thoughts. I see him struggling to survive in a society that exploits the powerless (i.e., lower caste), barely making enough to have a sustinance diet, drinking and bathing in water polluted by human waste , lack of sanitaion and industrial dumping, with little hope of anything better except in the next life. He has more immediate and real-world concerns then conservation and air pollution, and, along with the multi-millions of other third worlders, would gladly trade his bike for a polluting moped.
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TNBear
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Posts: 2,285
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Post by TNBear on Jun 21, 2012 19:24:31 GMT -5
I see LR blaming it on marijuana.
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Post by Half-Tard on Jun 21, 2012 20:38:24 GMT -5
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Post by augie47 on Jun 22, 2012 5:56:40 GMT -5
I see LR blaming it on marijuana. That's what is in the bales....
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