Petrol Crisis Part Of A Global Problem

[wiresquire]

This isn't much of a secret, but check this out.

Buying on Tuesdays in Sydney is worth 10c/litre compared to Thursdays

Edited 27/05/07 12:20 AM by wiresquire

[Dagabond]

Vision impaired users can ring 02 6243 1147 for a verbal description of this chart.

Note that the price has increased 2c, 1c and 2c over the course of the month without returning to the previous low.....

[Fat-Tony]

The increase in crude oil price looks similar to a sine wave. No there is no collusion there.

[OzTEXS]

people need to understand that we have reached what's called "Peak Oil" on earth.

That means the maximum amount of oil the earth can produce is reached.

Unfortunately it get's worse .. everything is dependent on the production of oil.

Why do you think the yanks are in Iraq ?? do u really think they are looking to liberate the country or take the oil !!

If every1 on earth consumed resources like an American .. we would need 3 earths to sustain their lifes.

Watch out .. Iran is next on the hit list !!!

[tab]

people need to understand that we have reached what's called "Peak Oil" on earth.

Have you got a link to the highly-respected conspiracy-theorist website that you got that information from?

[OzTEXS]

Have you got a link to the highly-respected conspiracy-theorist website that you got that information from?

haha .. conspiracy ahh

just do a search on "peak oil" and you will find enough info there to justify my claims.

don't need to take my word for it .. there are plenty of sources that will back me up.

here is one of many >> lifeaftertheoilcrash

do your own research .. make up your own mind dude.

don't just write it off .. that's called ignorance.

[tab]

Sorry buddy, I forgot the golden rule about if it's on the net it must be true

Here's a link for you to research

[OzTEXS]

Sorry buddy, I forgot the golden rule about if it's on the net it must be true

Here's a link for you to research

yeah no worries mate .. I am sure someone else may find the info useful.

not all have an open mind, as it is the case with you.

[Kimberley Scott]

that's one very interesting post there Blonk, never thought of it like that.

Scotty

[sixfan]

Well to get 1 litre of fuel you have to send out engineers, surveyors, drill rigs, test bores, oil platforms, built, floated out to sea or travelled inland across deserts and inhospitable country, employ staff, supply accomodation and services, airfares home all over the world, meet stringent standards and environmenmtal requiremments, drill down sometimes kilometres, pump oil to surface, cart across lands and oceans, build a refinery on waterfront property, once again meet enourmous health, safety and environmental standards, fully firegaurd all machinery pumps motors and personnel from risk of sparks etc, boil a combustable liquid, draw off explosive gases and make safe, pump fuel to trucks, transport to POS then build and maintain, buildings once again under hazardous spaces (this time with public access) to sell the fuel at about 30c a litre (the rest is taxes) ...

When to get a litre of water you fill it up a bottle at a tap..... Cost over $2

To get 1 litre of milk you sqeeze a cows tit..... Cost over $1:80

Still think fuel is dirt cheap even at $1:50 per litre....

Oh Pleease!

What a load BS.

Just because some Neo-hippys think Flouride causes brain cancer and they're willing to pay $1:80 for a bottle of water, there's no justification for the fuel price. It's like comparing the cost of condoms to flyspray,

It's irrelevant and unrelated.

Oil isn't going to "run out"

ever

ever.

as the price goes up it becomes economic to exploit other sources, like the Albertain Oil sands, that can be economically processed at a cost of $60 a barrel, and guess what, they're now mining them.

As long as we're dependant on Oil and there's a limited suppy, they'll charge what they want and if you don't like it, buy a pushbike or invent an alternative.

the vast majority of the Oil in Kuwait is of a grade only suitable for bitumen, so there was a supply shortage during the war, why did petrol prices go up? Because OPEC couldn't charge more for bitumen, (everyone would use concrete or any number of available alternatives) so they jacked the price of light sweet crude to subsidize bitumen production.

There's no conspiracy, it's simple economics.