General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJust a Question for Discussion. What if Gasoline hits $10.00 a gallon in the U.S.A?
What would that mean if that happens in the next year or so? Free market and all? I ain't got a clue...don't know.
Just an idea for discussion ..
Scuba
(53,475 posts)Laelth
(32,017 posts)Once oil becomes prohibitively expensive, it becomes less economical to rely of cheap, foreign labor.
-Laelth
Scuba
(53,475 posts)Laelth
(32,017 posts)We had manufacturing before oil, and I think we'll have it after oil too.
-Laelth
former9thward
(32,066 posts)You think we are going back to that too?
hrmjustin
(71,265 posts)NoOneMan
(4,795 posts)It may not happen within the near future. Thats very steep.
I currently pay $5.50 at the pump, but drive rarely. I don't think these prices are great for the local economy.
Basically, it means less surplus (or none at all). Yesterday's surplus from production is now being milked to pay for the energy necessary for today's production. When there is nothing left but paying for energy for production, then we are all working for free. Thats about when there is no longer a point in working in the modern economy.
Despite what every economist wants to tell you about capital or labor, our world runs on energy. The end of cheap energy is the end of our economy, no matter what fiscal fixes you try and put in place.
Stuart G
(38,439 posts)into the worst possible way..
NoOneMan
(4,795 posts)The plurality of US oil comes from Canada, you know. Such an event would probably act as a catalyst for increased ethanol production and EVs.
But if that did come, it would be a devastating shock. With the US on shaky ground already, it will probably put the US down for at least 1 complete decade.
NickB79
(19,258 posts)And the oil companies that drill and extract oil in the US and Canada are multinational organizations, not state-owned.
The fact that the US gets most of it's oil from Canada means very little. MAYBE we'll get $10/barrel knocked off the global demand price, which would translate into a few cents less at the pump.
RC
(25,592 posts)Talk about your zero sum game, ethanol is a textbook example.
NoOneMan
(4,795 posts)I still think it would cause them to try, and cause the government to subsidize it more.
RC
(25,592 posts)Sugar beets and sugar cane would be more efficient. I knwo for a fact they waste thousands of tons of sugar beets ever year because they grow more than American Crystal can process.
LibAsHell
(180 posts)Oh, wait.
Aerows
(39,961 posts)You know how to walk, don't you?
loyalsister
(13,390 posts)And finally take an interest in making it work.
defacto7
(13,485 posts)n/t
WovenGems
(776 posts)society will adjust to a loss of petrol. Urban centers will grow, mass transit and trains will rule. The world population will fall by two thirds as food shipping suffers.
NoOneMan
(4,795 posts)Our economy runs on cheap energy (which is a big part of why modern economies are not doing so hot anymore). The more expensive energy becomes, the less production we can demand from yesterday's surplus (to the point further production may yield no surplus, and thereby, become pointless). If we no longer have the energy or incentive for further production, what will fuel our transition to alternatives?
Civilization has a major, long term challenge switching away from petrol. Doing it cold-turkey without cheap energy will be a massive shock. OTOH, it might just be what the environment needs in the short term.
HeroInAHalfShell
(330 posts)Aerows
(39,961 posts)HeroInAHalfShell
(330 posts)Art_from_Ark
(27,247 posts)Daisy, Daisy, give me your answer, do
I'm half crazy, all for the love of you
It won't be a stylish marriage
I can't afford a carriage
But you'll look sweet
Upon the seat
Of a bicycle built for two
FarCenter
(19,429 posts)Hence the term "carriage trade" for catering to upscale shoppers.
L0oniX
(31,493 posts)djean111
(14,255 posts)I am on Social Security, and I don't believe gas prices are part of the fucking list of things that seniors use.
People may either not buy much gas at all, or use money meant for other things to buy gas, which will not be good for the economy.
Wishful pony unicorn thinking - if gas gets that expensive, then maybe Washington will get serious about public transportation and electric car subsidies.
(Bwahahahahaha!)
But I am guessing that if increased prices bring profits down because people won't drive as much, Washington will make up the lost profits to the oil companies with taxpayer money.
piratefish08
(3,133 posts)oh.
wait.
muriel_volestrangler
(101,354 posts)£1.6173 per litre; 3.78 litres per US gallon; $1.49 per £1.
djean111
(14,255 posts)And what is Norway's job and salary situation?
Apples and oranges, I think.
pampango
(24,692 posts)so wisely rather than taking advantage of cheap oil to maximize consumption now.
MrSlayer
(22,143 posts)And cabs and buses and the like.
One thing you can count on is conservatives bitching about it. They love free market capitalism until it hurts them. Then it's a liberal plot. They're such idiots.
Recursion
(56,582 posts)Though it's part of why their standard of living is slightly lower than ours.
djean111
(14,255 posts)Recursion
(56,582 posts)I don't particularly like the EU revenue model
djean111
(14,255 posts)NoOneMan
(4,795 posts)Canadians have much more expensive homes w/ ~75% home ownership, are generally healthier and live longer, have lower crime, universal health care, paid maternity leave, constant town festivals/celebrations, widespread public recreation facilities everywhere (pools/gyms/hockey), as many parks as American's have McDonalds, higher intergenerational mobility, etc.
I've lived all over the states and can compare with Canada. There are many factors, especially lifestyle factors, which lead me to rate Canada as much much high in terms of standard of living. That could surely and likely change in 2-5 years.
Recursion
(56,582 posts)I have no idea what the components are.
NoOneMan
(4,795 posts)But really, for us humans it should come down to where you would be happier/successful/secure/healthier at. Hands down, for me, that's Canada by every relevant measure as of today (other than housing affordability).
Higher education ratings, higher health ratings, higher human development index ratings, higher mobility, etc. I could give a fuck about GDP in all honesty. Its a dick measuring contest that consistently doesn't manifest in gross national happiness
Aerows
(39,961 posts)You mean like not going bankrupt because you develop a health problem?
Been there. Dated a Canadian for 2 some years. Our health care system was a deal breaker. She could not believe we would put with it.
I wonder why also.
Posteritatis
(18,807 posts)Nova Scotia's got fairly high gas prices and we're paying $4.64US/gal at the moment.
Recursion
(56,582 posts)But it was about US$ 10 per gallon (US$ 2.50 per liter or so) when I was there in the late 90s.
Lurks Often
(5,455 posts)aside from the direct impact on most people, you will also see an indirect impact as the prices on EVERYTHING goes up to compensate for the dramatic increase in shipping costs. You will also a probably devastating impact on restaurants, stores, the travel industry and the hotel industries.
I won't speak to the rest of the country, but here in the Northeast, virtually everything we buy is shipped by truck.
You will also see an increase in delinquency on bills as people will be forced to decide between eating and putting gas in the car to go to work or paying the phone or credit card companies.
FarCenter
(19,429 posts)Most goods shipped to NYC, Long Island, and SE CT go via truck.
The southernmost railroad bridge across the Hudson is at Selkirk, NY, adjacent to the NY Thruway - Berkshire Connector bridge.
AgingAmerican
(12,958 posts)All the Ram truck driving Republicans that I work with would be in a tailspin. IT would force us to look at alternative energy and start doing something concrete about climate change.
Marrah_G
(28,581 posts)The working poor would have to go without even more. Like food, heat, ac, medicine.
The solution to climate change should not include killing off the poor.
AgingAmerican
(12,958 posts)It would help them. Clean energy will be the next big thing like Computer Science was in the 90s and 2000s. Lots of jobs.
Burning fossil fuel with reckless abandon will kill everyone and everything.
Marrah_G
(28,581 posts)And in the mean time, people still have to get to work. So they will do without medicine, ac, heat, food and other basics of life.
Climate change needs to be addressed before gas prices get that high.
AgingAmerican
(12,958 posts)for short term convenience.
The nature of capitalism will not allow climate change to be addressed, unless it is forced to do so. You cannot put the cart before the horse.
Americans are spoiled self centered wimps.
Marrah_G
(28,581 posts)I'm going to leave this conversation now. There really isn't anything left to say to each other.
AgingAmerican
(12,958 posts)That is a strawman argument.
tritsofme
(17,397 posts)And I'm not sure you understand what a "strawman argument" is...
If gas goes up to $10/gallon, it would be the equivalent of a very regressive tax, and hit the poor hardest. How you think that this would not effect the ability of working families to feed themselves and their children betrays quite a lack of critical thinking skills on your part.
AgingAmerican
(12,958 posts)They just react to the tree front of their nose.
I regret to inform you, but within 5-10 years we will be in the throes of a global emergency stranded on a dying planet with billions of lives at stake.
Americans are too mesmerized by the shiny objects, big trucks, and ipads that keep them placated and 'happy.'
tritsofme
(17,397 posts)The world isn't going to end in 5 years.
AgingAmerican
(12,958 posts)You sound like my Rush-head co-worker.
tritsofme
(17,397 posts)But yes, "the world is ending in 5 years" sort of apocalyptic rhetoric is just like the Y2K nonsense, for sure.
Climate change is a serious issue, but we are not five years removed from worldwide emergency conditions.
AgingAmerican
(12,958 posts)You are quoting yourself. Wow, you are desperate, lol.
You don't read a lot of scientific data, do you?
So climate change = "Y2K nonsense"
tritsofme
(17,397 posts)Within 5 years...right. You are trying to get away from that nonsense apparently.
As I repeat, climate change is a serious problem. We are not five years from global emergency.
AgingAmerican
(12,958 posts)Your attempts at twisting my quote is duly noted, and soundly rejected. There is a name for the fallacy you are using, but I wont bother bonking your over the head with it.
Motown_Johnny
(22,308 posts)Some poor people could lose their lives if gasoline went to ten bucks a gallon. Heating oil would increase in price a similar amount and some people would simply not be able to heat their homes.
AgingAmerican
(12,958 posts)and become refugees, because lack of rain and extreme temperatures render them uninhabitable.
Motown_Johnny
(22,308 posts)the price of oil ~triples in the next twelve months.
AgingAmerican
(12,958 posts)...we cook to death sooner.
We are shitting where our children and grandchildren will have to eat and sleep.
Motown_Johnny
(22,308 posts)but tripling the cost in a year is a disaster here and now. People would die if it happened (which it won't).
flvegan
(64,412 posts)Thank the gods your priorities are in good working order.
I'm happy no Obama voters drive something like that, or own businesses that require a fleet of them. Yeah, fuck them too.
JaneyVee
(19,877 posts)Fumesucker
(45,851 posts)I already have over 2000 miles on it, costs me about ten cents to go thirty miles.
PoliticAverse
(26,366 posts)Fumesucker
(45,851 posts)I have a different and much smaller but more powerful battery now since I put this post up.
http://www.democraticunderground.com/11282343
PoliticAverse
(26,366 posts)Fumesucker
(45,851 posts)hunter
(38,325 posts)He's the only automobile commuter in my extended family.
My wife and I were Los Angeles commuters until the mid 'eighties.
We've somehow managed to avoid commuting ever since. A lot of it is luck.
The death of the automobile culture wouldn't bother me at all so long as everyone has food, health care, and a safe place to call their own.
"Productivity," especially productivity based on fossil fuel consumption, is stupid.
In my personal utopia nobody cares about the price of gasoline. Fossil fuels are best left in the ground.
arcane1
(38,613 posts)It's inevitable, it's just a question of when.
FreeJoe
(1,039 posts)Not a short term goal because people need time to adjust. It should be a longer term goal to dramatically increase the cost of gasoline via a carbon emission tax. That tax money could be redistributed to offset the tax burden. The key thing is that we need a financial incentive to move from carbon emitting energy solutions to non-carbon emitting energy solutions. As long as people aren't faced with the cost of their actions, they will not consider them in their decisions. The result is that people will talk a lot about alternative energy, but they won't do anything about it.
I had a chat with a neighbor that works on electricity provisioning. He said that they did polls that backed this up. When asked if people want green energy sources, the response was almost unanimous in favor. When asked if they would pay 20% more for them, the response was almost unanimous in opposition. We need to make people pay for emitting carbon or they will never stop doing it.
Gregorian
(23,867 posts)And I'll breathe a sigh of relief.
Edit- And before anyone flames me, I have empathy for those who don't have the cash. We should have been screaming about this from an environmental perspective long before we have a crisis. But that's how everyone operates.
Marrah_G
(28,581 posts)But poor people who need to drive to work won't be jumping for joy. Instead they will go without heat, ac, food, medicine, etc.
You don't get to post something so selfish and lacking in compassion and then say "And before anyone flames me, I have empathy for those who don't have the cash." because you don't. If you did, you wouldn't be breathing a sigh of relief.
darkangel218
(13,985 posts)Look at the bigger picture for once.
Gregorian
(23,867 posts)KentuckyWoman
(6,690 posts)Life is already here and we can't possible kill all of it off. We can and probably will extinct most of the species..... heck we might even manage to extincts ants and cock roaches before we finally extinct ourselves. But eventually the planet WILL recover and some other life form will be on top.
Asking some people to suffer for the long term survival of the human race is really the discussion to be had..... and I've found that generally people will only sacrifice so much for the future generations.......
Apophis
(1,407 posts)madrchsod
(58,162 posts)and the full implementation of a military state.
EdwardSmith74
(282 posts)arely staircase
(12,482 posts)given its recent direction.
darkangel218
(13,985 posts)Lets see all the huge pick up truck fundie drivers lose their lil peanut minds!!
STOP POLLUTING OUR PLANET YOU JACKASSES!!!
egold2604
(369 posts)Please don't be so negative. The 1% will enjoy record dividends from Big Oil. God loves the very wealthy and wants them to be even more wealthy.
kestrel91316
(51,666 posts)I saw it coming way back in 2006 when gas went up so much and the banks started pulling home equity lines of credit as payments fell behind.
AgingAmerican
(12,958 posts)lol Hate to inform you, but deregulation and the Bush administration refusing to enforce existing regulations that crashed the economy.
Pretzel_Warrior
(8,361 posts)and what if we switch all economic activity to bitcoin?
HooptieWagon
(17,064 posts)Food prices would soar...fuel for tracters to farm and for trucks to transport. Many places in country don't have adequate public transport. People won't have money to go out, so resturants and bars will close. Transportation costs of goods will skyrocket, caused people squezzed for money to stop buying. Housing prices in urban areas will soar, prices in suburbs will collapse. Suburbs will become the new slums. It won't be pretty at all.
btw, I'm actually in favor of raising federal gas taxes. It should be done gradually, however. Some money going to subsidize public transport, some going in to alt energy investment, and some going to infrastructure maintainence and replacement. I think a $1/ gal increase, phased in over 5 years or so would be feasable.
customerserviceguy
(25,183 posts)you could kiss the laws against fracking goodbye. The money the oil and gas industry will make will skyrocket, and they'll be able to buy just as many congresscritters (including legislators on the state level) as they need.
I'm set, I just bought a hybrid Sonata about six months ago, figuring that the price of gasoline would climb to $5-6 a gallon if we ever got an economic recovery, or quantitative easing finally caused inflation to rise.
olddots
(10,237 posts)I don't want to go " there"
dipsydoodle
(42,239 posts)'nuff said.
djean111
(14,255 posts)The higher price is taxes, which are used for social services.
Not a good comparison, apples and oranges.
Motown_Johnny
(22,308 posts)Usage drops off when the cost approaches $5.00 a gallon. For it to get anywhere near ten bucks a gallon it would mean another oil embargo was in place, and even then it might not go that high.
The Keystone pipeline would be approved and the tar sands from Canada would be shipped to refineries by every method possible (mostly trains).
People who can afford it would start converting vehicles to natural gas.Many businesses would do the same. It is already about half the price to run a vehicle on natural gas (compared to gasoline) so if gas nearly triples in price then the investment would make much more sense than it does now.
Heating oil would be the biggest problem. People in the North East still use fuel oil to heat their homes and if the price of gasoline tripled then heating oil would also increase by a similar amount.
The rest of the world would be in more trouble than we would be. Europe is already paying much more for gasoline than we are and it would seriously damage their economy if oil/gasoline skyrocketed in price. People in poorer countries would suffer more because they are already struggling and with imports becoming more expensive, due to transportation costs, it could do serious harm. Also their ability to export goods would be seriously damaged.
Oh, and people driving Teslas, Volts and Leafs would be able to tell everyone "Told ya so!"
PD Turk
(1,289 posts)And I might get a smaller bike like a 250cc for in town trips and just ride the bigger bike over longer distances.
Cleita
(75,480 posts)commodities market casino, it would be about $2 a gallon average or so I read somewhere. Don't ask me for a link it was a month or so ago and I don't remember.
muntrv
(14,505 posts)will play it 24/7, thus making it the no 1 song in the USA. Meanwhile we'll drill domestically but the price still will not drop.
burnodo
(2,017 posts)It might even be a good thing. Either most Americans would try to depend less and less on their cars, or there'd be a revolution.
demwing
(16,916 posts)bike repair shops will flourish, and the price of EVERYTHING will explode.
rrneck
(17,671 posts)NM_Birder
(1,591 posts)Demo_Chris
(6,234 posts)The entire economy would hit a brick wall and explode. Millions dying through mass starvation is entirely possible.
roamer65
(36,747 posts)People would pretty much demand a vehicle would get 30+ mpg.