US Gasoline Prices Spur Telework
coondoggie writes "The price of gasoline may finally be changing the way many people commute and communicate. Anecdotal evidence says teleworkers are growing rapidly as a direct result of the cost of driving. The article links a survey indicating that in Q1 2007 the 19 largest US cable and telephone providers (representing about 94% of the market) acquired over 2.9 million net additional high-speed Internet subscribers, to a total of about 56.2 million. That can be attributed in part to more employees taking advantage of telework programs, experts say. Just this week the House Judiciary Committee's antitrust task force opened the first of a series of hearings on the oil industry. Its chairman noted that gasoline prices have soared well above $3 a gallon and asked, 'How did we get into this mess?'"
Urban sprawl, SUV's, and lack of MPG targets for manufacturers. Average MPG hasn't changed much since the 70's. I also haven't noticed any change in peoples driving habits. People still tailgate, race to the next light (even though it is red) etc. I guess they have money to burn.
There is no good fix for the sprawl. The other two are at least somewhat addressable by some means of legislation or industry curtailing.
Even those who arrange and design shrubberies are under considerable economic stress at this period in history.
TFA says"teleworkers are growing rapidly as a direct result of the cost of driving."
Yep, now I never have to leave my Mom's basement except for trips to 7-11 to restock the fridge.
Ohhh! You meant the number of teleworkers?? Oops. Never mind.
Software piracy has increased by 2.9 % ;)
Its chairman noted that gasoline prices have soared well above $3 a gallon and asked, 'How did we get into this mess?'"
You got into this mess because the mileage of the average vehicle in the USA is its lowest point in 20 years.
It is low because many congresses & presidents (both republican & democrat) refused to increase the CAFE (corporate average fuel economy standards) for more than twenty years.
Further, the popularity of SUVs exploded, and since SUVs are "trucks" they have far lower standards (fuel economy & safety) than "cars".
Then, on the supply side, how many new gas refineries opened in the last 20 years?
How many cities have viable public transit?
It's not rocket science.
Is there any way to correlate teleworkers with productive companies? I'd be okay with telecommuting but not if I know that the company, along with twenty others, is just a front for a fund manager to pad the performance of his assets.
I guess if you're a telecommuter who's being paid fat and happy you're not much worried that the money funding your salary is, at the other end, sucking the retirement funds of a thousand blue collar line workers dry.
the NPG electrode was replaced with carbon blac
I always preferred walking or riding but the gas prices are what finally drove me over the edge. I live in CA and it's pushing 4$ a gallon right now, in some places it's gone over 4. So I just ride my bike, everything I need is in riding distance. If I do have to go further I have my car, which is a rather fuel efficient Saturn. I think I've put all of 60$ in the tank this year total. To me that's how it should be.
I blame a lot of the fuel efficiency problems on city planers. The layouts of our cities are really bad for fuel economy, especially place like San Francisco and Los Angeles. California also suffers badly from a lack of a good public transit system. We have buses but it's not good enough.
Part of the problem is also social. People want their big tanks (Hummer, Suburban etc) because they feel safe in them. For whatever reason people equate size with safety even though it's not the actual case.
Congress!
Let's see what congress HASN'T done...
What, exactly HAS congress done to lower gas prices? Ethanol subsidies? Hydrogen research? Those haven't done much, have they? I remember 7 years ago when I saw a station out of town with gas for 99 cents a gallon. I'd be very surprised to find a station right now in my area at triple that. Ok, I know, they passed tax rebates when you buy a hybrid. But they passed them when hybrids were very hard to get and the expire this year as hybrids are getting easier to get. Oops.
Comment forecast: Bits of genius surrounded by a sea of mediocrity.
How did we get into this mess?
We were given a whack in the head about thirty years ago. We got up, dusted ourselves off and carried on as if nothing had happened.
The article is making the case for government support of teleworkers while questioning the reasons for >3$/gal fuel. While that is a good premise I don't think that it covers everything. I work from home when I can. I want to stop smoking to save money but I suddenly realized that if I work from home I save the same as not smoking 1.5 packs that day. Yes, gasoline is becoming a very expensive habit. I hope that this story and related issues do bring about an atmosphere where my employer is willing to let me work from home several days per week. That would equate to a nice raise in pay.
I don't think that the link between teleworkers and fuel costs is concrete or causal. I think it's just a happy coincidence. Moreover I hope that the gasoline companies get held over the 'barrel' for quite a while and in a way that puts money back in my pocket. 90 million dollars net profit per day is obscenely huge. Someone should be questioning why fuel costs are so high!
Support NYCountryLawyer RIAA vs People
How did we (congress) get into this mess? By regulating the daylights out of the industry.
Simple:
-Environmental regulation have gone out of control. The regs are to the point that no one has the $$$ to build any new plants
- NIMBY - Not In My BackYard - Not one wants to live by a stinky, noisy refinery. I know, I've lived next to one my whole life; it isn't pleasant.
-Each state has at least 50 cents of tax that gets directly added to the gas at the pump in addition the other taxes the companies have to pay (import tax, environmental and safety fees)
- There been 3 major refinery fires within a finite number of functional refineries
- Demand is higher in the summer then the winter but supply remains the same (see above)
- The cost associated with switching from winter grade to summer grade
I'll take my $100 million now for my study.
You say things that offend me and I can deal with it. Can you?
According to a news report last night, these crazy gas prices aren't due to our gas guzzlers our the rising cost of crude oil. Actually, crude oil is cheaper now than it was a year ago, and oil companies make about 30 dollars for every barrel they turn into gasoline. This is more about oil companies loving money than anything else. Sorry I don't have any links/references, but I do trust CBS well enough to have their facts in line.
Such high prices in Europe does not hurt the European standard of living because many Europeans use public transportation; bus and trains are relatively cheap to ride. In the USA, many Americans refuse to use public transportation due to class snobbery. In my neck of the woods, about 80% of the passengers on the bus is either impoverished Americans (from ghetto neighborhoods) or illegal aliens from Mexico. The occupancy of the buses is about 50% during most of the day. Meanwhile, the freeways are packed with late-model cars driven by the wealthier class.
Frankly, even if gas prices increased to $10 per gallon in the USA, Americans would not necessarily experience a decline in their standard of living -- if they use public transportation. It is cheap although it may be slighly inconvenient because you must time your life according to the bus or train schedule.
Note that American politicians never compare European gas prices to American gas prices. The politicians just tell Americans what they want to hear: "Gas at $3.50 is too expensive. We Americans are a sad, pathetic victim of the greedy oil companies. We should force them to lower gas prices back to $1.50 per gallon so we can enjoy your monster SUV."
These are the same Americans who overwhelmingly supported the invasion and occupation of Iraq.
Why is tax on gasoline in the USA so ridiculously low?
Either that or our (UK here, but I'm sure it applies elsewhere in Europe) tax is ridiculously high. Hmmmmm.
Although no NEW refineries have been built for a long time,
existing refineries have had their capacity increased very
significantly over a couple of decades, equivalent of
10 new refineries.
And, yes, old refineries were really big sources of nasty
air pollution. Stop knocking the environmentalists---they've
made life much nicer in many ways. There are kooks, of course, but
air pollution restrictions on refineries are not kooky.
Gasoline is expensive, overall, because we're using fossil fuel
which is reaching increasing geological depletion.
See www.theoildrum.com for insight, instead of slashdot drivel.
I used to, also. But after the second time I was clipped by a car, I just gave up.
The other thing that really pisses me off is that I like to park in one spot and walk to the other stores. Unfortunately, you get somebody yelling at you and threatening to have you towed of you park your car there. The attitude is, "buy your stuff and get out". Malls? Yuk! Malls are for folks who have no lives and no where else to go to hang out. The prices in malls are not competitive because the landlord charges up the ass for rent.
Here in America, driving is a necessity. Public transportation?!? HAhahahahahah...oh, yeah.
I have to laugh when I hear that the Chinese, Indians, and other folks in developing countries all want to have cars too. First, I have ask, "Why?" Driving sucks...I hate it! Second, just think of where oil prices will go when all of those Chinese start to drive. Now add in: Indians, Indonesians, Africans, etc....
I prefer Flambe as apposed flamebait.
I did not read the article yet, but I just thought it orthogonal to my experience;
My only reason (because we know how great cable tv is) was one year internet at $19.95, total $29.95 w/analog cable, not the regular price like $59/mo, which was a non-starter for me for many, many years (though I previosly while living in a big city).
When this is pricing is over I will look for other options; wireless is becoming widespread even in rural areas.
Human nature. Consume while it's cheap. You see it in every aspect of human behaviour.
n s
http://en.wikipedia.org/wiki/Tragedy_of_the_commo
This is why socialism doesn't work and why market economics does.
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I disagree:
http://www.personalrapidtransit.com/
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I'll support these outrageous gas prices if they're finally high enough to make people rethink their horribly inefficient daily commutes. I find it wrong that there is such a huge flow of cars going back and forth every single day.
I really hope it takes off.
I don't even drive.. I have a 50 mile train journey each day, which takes 2 hours either way (if I'm lucky). I could obviously drive that distance much faster if it wasn't for the ludicrous congestion at either end of the trip. I did the math and even with my teensy little 796cc engine it still costs me less on the train (even if they did raise the fare by a full 13% this year), what with parking. And on the train I can read, or even work sometimes.
But even so, I'd prefer to be able to get up an hour later in the morning, I'd even work an extra hour! A nice comfy purpose-built office space at home would be infinitely superior to the ridiculous battery-hen office where everyone gabbles and cackles and holds meetings around my desk. I can't be expected to perform duties that are based on the conjunction of creativity and focus in that environment. Even cubes would be preferable to a totally open-plan office... thank heavens for my Etymotic earplug-phones or I'd never get anything done at all.
So anyway, my point is, that the public transport in this country sucks. The typical response of the rail company to an increase in passenger numbers is to raise prices. If the price of fuel drives people off the roads (and our fuel taxes here make our gasoline roughly double the price it is in 'merca), then the trains simultaneously get more crowded, late, and expensive. The last remaining palatable option is teleworking - may everyone embrace it.
Not only that, it's the most environmentally friendly option.
You could live in Michigan, where the weather is not suitable for bike riding about 250 days per year. Then what do you do? It's either raining or at least seriously threatening rain or storms, or were buried in snow, or it's 85+ degrees / 80% humidity for the summer. Getting to work all hot and sweaty or drenched is not an option.
California has one of the most benign and hospitable climates on Earth, and can't be used as an example.
I love public transporation and am all for it, but it sickens me that California, with its perfect weather and holier-than-thou attitude, still has almost none. The entire LA freeway system should be ripped up immediately.
The article links a survey indicating that in Q1 2007 the 19 largest US cable and telephone providers (representing about 94% of the market) acquired over 2.9 million net additional high-speed Internet subscribers, to a total of about 56.2 million. That can be attributed in part to more employees taking advantage of telework
Or, more likely, to people who no longer have to get in their car to get porn.
"The higher prices reflect an imbalance between supply and demand"
;)
Yeah, and I'm sure your profit margin has absolutely nothing to do with it.
As an environment-conscious individual, I relish higher gas prices. $3 a gallon? Why not $5 or $10? I truly believe hitting people in the wallet is the *only* way to incite change in habits as deeply-rooted as our gasoline addiction. People need to realize that carpooling, investing in very fuel-efficient vehicles (for example, I drive a manual transmission Saturn--I average 30mpg city) or looking toward hybrid/bio-diesel options is not just a fanciful dream but a necessary reality. Alternative fuel vehicles are a reality, but the only way we will leverage them into the mainstream is through the power of our collective consumer's almighty dollar (and pound, and yen...
I bought a motor scooter 2 years ago and I love it. In the midwest in the USA the climate is right about 8 months out of the year to just drive it around for fun or even errands. I have found that a regular school backpack contains the same volume as the handheld shopping cart at the grocery stores. The motor scooter beats all the cars off the line, gets about 70mpg (more if I didn't drive it so hard) and gets many comments from people.
We've always had to reduce spending so much energy on transportation. Lugging thousands of pounds of metal and plastic is ridiculously inefficient. The energy consumed could well go to other purposes, not to mention the money. Low fuel prices give no incentive to avoid waste.
Granted when one has one life to live, one ought to live it to the fullest and save time with a car when possible. However, there's sensibility in living closer to work, and what the economy really needs is the incentives to build housing closer to work as well as cleaning up industry to make living near work palatable.
People are busy. They "live and let die". It's good there's so much to do to build one's personal wealth, but the downside is the lack of time to actively make a difference in the way everything works. This attitude leads to its consequencs. When personal finances are ultimately jeopardized by high cost of maintaining a lazy self-serving lifestyle, people feebly protest by working at home at their lazy desk jobs rather than considering all the people who have to commute. These telecommuters with their higher education and power should spend extra effort in acquiring land and building affordable housing closer to work as well as eliminating harmful emissions.
The petroleum industry needs to be sent a message by the masses: people have the will to change their circumstances by making their workplaces fine to live near as well as living in denser housing. This requires cooperation. People live apart because distance lets bothersome people live their own stupid lives somewhere else. However, what's going to happen when fuel prices continue to spike during hurricane season and then hold due to high demand worldwide?
Because here around 70% (europe) of the gas price is due to taxes (it used to be that way but now it is probably around 60% due to the oil price raise). I do not think you gas in the US is taxed as much.
Here are some link about this tax rate on fuel in europe :
About.com on fuel gas price (first paragraph)
US reluctant to match Europe Gas price taxation
Quote :
For decades, European countries have imposed high taxes on fuel to encourage conservation and fuel-efficient technologies while funding public transportation. In England, the Netherlands and Scandinavia, the taxes on gas are more than twice as much as the underlying cost of the fuel.
C. Sagan : A demon haunted world:
http://www.amazon.com/gp/product/0345409469/
visit randi.org
I agree, except I think you're giving Bush way too much credit. He probably believed that Iraq would turn itself into a liberal democracy as soon as the tyrant at the top was removed. ( It's not surprising that he should have that view; it will probably work in his own country...)
"[...] teleworkers are growing rapidly as a direct result of the cost of driving"
I guess that walk to the car and back each day was keeping them slim.
Ben Hocking
Need a professional organizer?
I've got some news for you Americans: gasoline prices here are 1,40 per liter. That's $ 3,92 per gallon. You've got some way to go yet.
I just heard on NPR the city of Paris is setting up 20,000 bikes with RFID and special racks and a pay as your go system. The 1st 45 minutes are free. One of the arguments is more cyclists means increased overall safety for cyclists on the road. because paris is making cycling a priority, and wants to discourage automobiles.
In the Netherlands space for bikes, safe crossings, etc. is a matter of civic planning, and the councils will re-arrange crossings or squares every few years as they figure out even better designs.
Denmark, Sweden, have lousy weather too. yet the per capita ridership blows N. America away. I think much of it has to do with poor civic planning and vision in North America. People will do it, if they understand and someone shows them the way. The problem is, folks aren't looking too hard, or far.
- - -
You can't be ahead of the curve if you're stuck in a loop.
You can't be ahead of the curve, if you're stuck in a loop.
I happened to be updating my money info in Quicken when this story popped up, so I thought I'd see how much gas prices really hit my pocketbook.
In the past 12 months, gas has constituted 0.81% of our family spending. For the 12 months before that, it was 0.66%. A good-sized bump in relative terms, I suppose, but one that can be absorbed without pain in relative terms because the number was so small to begin with.
My wife's office is only about five miles away from our house, but on the other hand, she does have to do a fair amount of driving for work-related reasons during the day, so I imagine her work-related driving isn't terribly outside the norm. I do work at home, though for non-gas-related reasons, but even if you double our gas spending to get to the more typical two-commute family, we'd still be at less than 2 percent of our family budget -- certainly not something that would put us in the poorhouse. And while we're not hurting for cash, we're certainly not wealthy -- between the two of us we make less than $100K a year, less than a lot of IT folks make with one salary.
My question is, are we some kind of freaks when it comes to gas use compared to most Americans? We live in a city neighborhood where we can walk to places for some basic errands and our grocery store is two-minute drive away; on the other hand, the city we live has a pretty lousy public transit system, so if we're doing things outside our neighborhood, we invariably drive. We don't drive a big SUV, but we don't drive a hybrid either: and our sedan is 13 years old, so I imagine it's not particularly fuel efficient when compared to new cars of the same size. Yet I feel like gas prices would have to triple before we'd be really forced to reorder our priorities to feed our car. Are we really so far outside the American norm when it comes to gas use? Or are gas prices just one of those things that you see two or three times a month and so you really notice when they go up, but it doesn't realy have as much of an impact on your life as you think?
Yes more use public transport than the US. i.e. 90% of travel is by car rather than 95%. But it does indeed hurt the European standard of living. Not only do they have to spend a fortune on a car, another fortune on fuel each year, but they are also taxed to the gills in order to pay the truly massive subsidies that are required to make public transport remotely affordable for the 10% who are able to make use of the extremely limited service.
Conventional public transport is unable to provide an equivalent service to the car, it is simply physically unable service the other 90% of journeys that most need to make.
Public transport is most definitely not the answer to the car. Not with any of the existing group transport systems anyway. Anyone who says it is, is simply repeating dogma without having really investigated the costs and inherent limitations of such systems.
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We are probably past the peak of world oil production. The price will likely go 5x higher than it is now. We are a long ways from developing any alternatives. Pretty much everyone looks over their shoulder and figures it is going to be the next guy who goes on an oil diet.
Ideas like ethanol will probably not pan out well. You need to be able to brew beer for $2.50 a keg in order for ethanol to compete with gasoline at $1.25 per liter. There are possibilities mind you. Ethanol from cellulose is one and oil from alga is another... but these are technologies which need to be developed.
The short of it is that we are facing a crisis the porportions of which the world has not seen in decades. It is not going to be pretty and it is not going to be fun.
Yes, in America our cities tend to be less dense. This translates into more distance traveled to get to work, but it also translates into what we (and probably most people) consider better living conditions. You can argue that it's not worth the extra fuel burned to live in greater luxury, but clearly there are plenty who don't agree.
...that leads me to my next point: SUVs and trucks may be handy scapegoats, but they don't really make that big of a difference, at least as far as "when the oil will run out" is concerned. Even if solo drivers choose to go with a 20 mpg SUV instead of a 30 mpg Saturn, that just means the fossil fuels are exhausted in 60 years instead of 90. As far as dumping fumes into the environment, there's some argument there, but 20% of Americans driving a bigger or more powerful car than "necessary" is/will be swallowed in the rapid adoption of any car (or even more prevalent mass transportation) by the rest of the world's masses, as they grow more affluent. The only long-term solution is to draw our power from other sources. Nuclear power seems like the clearest practical direction to go, with whatever method is preferred/proves to be best for storing the energy for use in vehicles.
Driving a car instead of using mass transport results in greater fuel consumption per capita, but you get to travel according to your schedule, in a self-contained environment entirely controlled by you, with the company you select, and you can actually transport items when you want to, including a week's worth of groceries or more so you don't have to go to the store every time you want to make a meal (which, incidentally, cuts down on transportation for car users).
Driving a larger vehicle instead of a tiny car means more fuel burned per mile traveled the vehicle, but it buys you carrying capacity. I don't think it was unreasonable for my parents to have a Minivan to take the seven members of our family around in. Even if it had been the most gas-guzzling SUV ever invented, the mileage per person riding would on average have been way better than one person riding the 30 mpg Saturns people are bragging about in this discussion. Heck, if you're going to be short-sighted about it, a bus gets terrible mpg. Sure, there are people that are driving SUVs mostly by themselves, and that's kind of dumb, but...
I lived in Europe for two years without a car, and did the whole mass transportation thing. It sucked. I'm willing to pay quite a bit for the enormous convenience and luxury of having my own vehicle to transport items, to take friends out to places where it wouldn't make sense to have regular trains or buses but that are accessible via some sort of road, to shave significant time off my daily commute, to be able to live in a house instead of a tiny apartment crunched together with everyone else because it's impossible for us to travel very far for work... The list goes on. I also like having a slightly more powerful car than is "absolutely necessary". Like anything, it can be taken to one extreme or the other, but forcing everyone to crunch together and/or drive fewer, smaller, wimpier cars isn't a silver bullet that will fix everything like people seem to think, so why torture ourselves needlessly? There are plenty of other luxuries (air conditioning?) that currently require the consumption of fossil fuels in order for us to enjoy them, but they're not under the gun as much as the belaguered vehicle owners of America.
Each individual's lifestyle has its price. For some reason people talk as if nothing is gained as a result of certain less "environmentally-friendly" practices, but that's not true. It may not be something you care about, but that's not necessarily an excuse to limit everyone else's choices. I hear that argument all the time here about other things. If you decide a certain lifestyle's not worth it, don't live it. If enough people decide that allowing other people certain lifestyl
So, with all these crazy ideas of ways to change our gas usage, has anyone noticed if it has made Americans anymore willing to try mass transit? Because using more mass transit is about the quickest way (ie, doesn't need much infrastructure changed) to decrease fuel usage.
But for some reason, people won't go for it, perhaps because a stigma attached to mass transit. Yes, riding the bus can be uncomfortable, but so is being stuck in a traffic jam. Yes, it can take extra time, but so can searching for parking. Yes, you meet crazy people on the bus sometimes, but I've never noticed more of them there than in, say, the grocery store. So why hasn't the most easy idea caught on?
Hopefully I didn't put any [] around my words.
what you call "tragedy of commons" is more properly known as externalized cost, and it has absolutely nothing to do with socialism, in fact, the "tragedy of commons" is a brilliant example of one of the fundamental problems with lasseiz fair capitalism, in that corporations freed from regulations will avoid paying the externalized costs of their activities
Rule #1 about taxes: they never truly go down.
Ben Hocking
Need a professional organizer?
Christ, now we will have to spend years playing the blame game... All of these stupid bastards should be fired.
I don't think so. Here (Minneapolis, MN) many people do use the bus to commute, and I'd think a lot more would if only the buses would go to their workplaces at the times they work. You see, the transit system here assumes that everyone works from 9 a.m to 5 p.m. in downtown. Work in another suburb? You're outta luck. Don't hold to the traditional 9-5 schedule? Again, no buses for you.
I'm a student living at home. I work in the mornings and have classes in the evenings. My schedule is the exact opposite of the bus schedule - e.g. I need to go downtown when the buses are moving people out to the suburbs. Therefore, I drive. I wish I didn't have to (parking is expensive and difficult to find), but I don't have any other option.
I think class snobbery is overrated when looking at the reasons that people don't ride the bus. Increasingly businesses no longer congregate in a centralized downtown. Increasingly, people want to work on schedules that fit their needs. I think mass transit should change to address that.
We all know what to do, but we don't know how to get re-elected once we have done it
Honestly, you can make them do ANYTHING by hammering a certain topic into their heads with TV every half an hour on all channels. Additional 20-30 bucks a month are NOT going to make or break a family budget. They're NOT a good financial reason to buy a hybrid car. I won't be making any sudden moves until gas is $8-10 a gallon, in fact.
The oil industry has been allowed to flees America, because it has its hand in the pockets of our representatives(especially if you're a republican). They spend millions on lobbyist to make certain they maintain a control of what laws and regulations are passed. It seems it is more of the old idea that what was good for GM was good for America. Obviously that all depends on who you are and your point of view.
Of course it is good for GM, the oil industry, and stock holders if you gain to earn billions, but bad very bad in the long run for the environment, eventually you as a consumer, and your children.
Why are gas prices out of control? Greed. It all comes down to greed. Many of the reasons have been posted here. We ask why has congress taken so long to move on requiring auto makers to make better fuel efficient cars? The technology has been around for decades. We are now hearing the drum up of ethanol fuels. Ethanol is not the only fuel that can be used to power a vehicle. The higher prices of gasoline actually will come back to bight the industry particularly in there profits. Fewer people will spend money for gasoline. This also has an effect on the other industries. Fewer people make that trip to the mall or grocery store. It becomes more expensive for companies to ship merchandise because of the gas prices, thus people will simple pass on buying that item. This cuts into the other industries profits. There was a balance between these entities in which the oil industry had to keep it reasonable or risk causing loss in other industries. Ironically by people purchasing less gas means the oil industry will have a surplus of the stuff and won't be able to off load it fast enough there profit margin will begin to shrink as well.
Another, probably most important result of this is America's security. America has become increasingly dependant on foreign oil. This compromises our nations security. We are at the mercy of foreign interest. That is not good for America. All this is done for the almighty buck.
GP is a troll, or is grossly misinformed.
..or rugged-individualist enough...
Modern people, at least here in the U.S., delude themselves that they are individuals.
Individuals that depend on noone, except themselves. Until the electricity goes out, they retire, or they get that medical bill in the mail that cannot be paid for in 10 lifetimes.
According to the CIA World Factbook of 2007, the US is currently consuming 20.7 million barrels of oil per day. Let's suppose that "the amount of technically recoverable oil in the ANWR 1002 area 'is estimated to be between 4.3 and 11.8 billion barrels ... with a mean value of 7.7 billion barrels.'"
Quick, do the math. 7.7 billion divided by 20.7 million per day gives us ... 371 days -- just over a year's worth. And it will take about 10 years for the drilling to come online.
Personally, I don't think it's worth it -- but I'm not an oil investor. ;)
I only post comments when someone on the internet is wrong.
Duh.
the NPG electrode was replaced with carbon blac
I'd like to see oil down to about $10/barrel. At that price, it would not be worth pumping it. We'd just leave it in the ground. Getting that far out in front of the supply curve by reducing demand would be pretty hard to do. If we cut our demand in half (not so hard), OPEC would likely crumble, but the lower price would encourage other countries to start using more. Seems to me, if we could muster that much dicipline, we'd also have to find ways to discourage other countries from increasing demand. Any ideas?
Why do you live 100 miles from where you work, why not live 5 miles, or ten miles? genuinely curious. I can understand folk in the really big cities saying up to 3 or 4 miles from where I work is too expensive to live, that's prime downtown property. But 10 miles? 20 miles? I guess your cities are very spread out, is it a planning issue of pressing councils and your government to allow higher density residential property?
If the only thing that makes gas prices go up is corporate "greed", then does that mean when they go down it's due to corporate benevolence?
Clearly there are other forces at work, here. If there is indeed an illegal cartel, I agree that it should be dealt with. But the cartel with the greatest effect on our gas prices is probably OPEC, not domestic producers.
You're right that technology has been consistently introduced over decades to increase fuel efficiency, but said technology has also been implemented for the most part. Trouble is, in the meantime we've also gained all sorts of safety and environmentally-friendly changes to our cars that have tended to cancel out many of the improvements in efficiency. I don't know why you think the industry would avoid doing anything to increase the mpg of their vehicles, when they know it would give them a competitive advantage. I'm sure if you spent orders of magnitude more money, you could increase the fuel efficiency some more, but that's not a reasonable suggestion. Like anything else, as our technology and manufacturing capabilities progress, the same features that start out astronomically-priced eventually become affordable additions.
Having the government decree that vehicles must have a certain efficiency won't make it so. I am greatly disturbed by your notion that the government should or can "make auto makers make better fuel efficient cars". Again, that's already something they really want and are trying to do.
I agree 100% that it is important to get away from our oil dependency. Nuclear power and some sort of portable energy storage (Hydrogen fuel cells? Better batteries? Crazy flywheels?) seem like a good route to take.
For those comparing the EU gas prices to that of the US....
I found the public transportation system of Europe to be wonderful.
But the US is just bigger and that means its more difficult to create and maintain a public transportation system.
I live in Atlanta GA close to I-285 which is 60 miles full circle.
As slow as traffic can be, I'd prefer public transportation, if it only existed close enough to where I work, but it doesn't.
Perhaps the real problem is that of figuring out a better public transportation system. One that can handle the size problem yet help to keep traffic congestion to a minimum whele itself having low fuel cost.
Oh I know.....Teleportation........ hmmmm.... of work, not people (until that gets figured out....)
As an environment-conscious individual, I relish higher gas prices. $3 a gallon? Why not $5 or $10? I truly believe hitting people in the wallet is the *only* way to incite change in habits as deeply-rooted as our gasoline addiction.
Great! Now even if I ride a bike or walk to grocery store, I'll still get slapped in the face with inflation due to rising costs in shipping!
But seriously, I would agree with you but the majority of shipping and handling in the states relies on automobiles and not trains or boats.
If gas prices rise too high... So does transporting goods which means everything is more expensive for everyone in the states regardless if you drive an SUV or walk everywhere you go. People can't stop eating without dying. Just not going to happen.
This is why alternative fuels must happen as soon as possible... The only way that the Fed can combat inflation due to rise in energy costs is to raise interest rates which of course stagnates the economy.
One might be able to imaging fuel prices at $5 gallon with subsequent hikes of the interest rate may cause a major recession... Leading to massive unemployment due to business expense costs increases (employers not able to hire as many people with the money that they have due to their own expenses and the fact they have to pay everyone more because of inflation).
Of course, my scenario is a bit over the top, I believe that since we heavily rely on trucks for our goods (rather than boat or train) that higher gas prices will hurt us all regardless of our behavior.
"I am the king of the Romans, and am superior to rules of grammar!"
-Sigismund, Holy Roman Emperor (1368-1437)
We're screwed
Discuss
I think you've hit the nail on the head here. The road system in America is significantly subsidized, yet the rail system and public transportation systems are expected to make a profit! What. The. Fuck?!
Which is why I personally believe all public roads should be toll roads. Repeal the tax on gasoline entirly, and all other taxes that go into keeping up the roads. Use the tolls that are generated to fix the roads. Hell, Roads could even be entirely private, and *gasp* could be made to be profitable! (I know, asserting that profit making is good is blasphemy in slashdot's eyes).
If Americans had to pay for the use of the roads, explicitly, they may turn to public transportation. At least pay per use would bring the costs out in the open and allow the two to compete on the open market. (Oh wait, another slashdot faux pas, the market is evil because it allows corporations to make profit! on noes!)
Buy a big stonking bendy-bus. Fit it with low-density club seating and big tables for laptops - make it look like a hotel lobby, not a bus. Put a proper toilet at one end, and a proper coffee-maker (complete with a barista/host who's good with names) at the other. Free wi-fi. Hell, put a fax machine in there.
Call it RoadOffice or something. Make it look absolutely shit-hot from the outside, completely different from the beat-up pieces of shit "the immigrants" ride. Run the damned thing on bio-diesel and make sure everyone knows it. "Do something useful in traffic. Save the planet." or some such crap. Let people book in advance (and choose their seat), single-trip, by the week, whatever.
Run it from somewhere with loads of free parking, into the heart of the financial district. Be there half an hour before the journey starts, so people can go straight from BMW to RoadOffice. Charge way over the odds for a bus ride, but less than the cost of running a car. Charge for those coffees and snacky things.
Why won't something like this work? Serious question.
Does anybody else think the whole, 'Don't have a civil war...' sounds a lot like 'Don't throw me into the brier patch...'.
Iran and Iraq fighting each other is a good outcome as far as I'm concerned. They will be distracted and need the oil revenue to fund their war.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
The lack of a release schedule and no particular customers to coddle probably has a lot more to do with it.
Slashdot - where whining about luck is the new way to make the world you want.
Seriously do it now!
You are too stupid to continue living.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
In the midst of vacuous chatter, parent supplies a fact. A real, honest-to-god fact. Please, someone, mod him 'informative'.
Learn some manners and get a clue. We're not going to finish burning this stuff until it's not worth extracting. That can be when we're scraping the bottom or much sooner. If it is sooner, the price has to go very low.
Also, we have a lot of space in the U.S., so people will drive a little further to work in exchange for that space.
Nerd rage is the funniest rage.
"Gas prices in the USA are not particularly high -- even at $3.50 per gallon. Gas in Europe costs $10 per gallon."
Nevertheless the Smart Car is coming to the US. We're also working on both fuel alternatives and alternative engines
The trick will be to prevent ether side from winning.
We'll be supplying weapons to the Sunni Iraqis. Just like we wisely did in the 80s. Just not enough for them to win outright (again like the 80s).
Plus you can count on the US maintaining bases in Afghanistan, thus threatening Iran's eastern boarder.
Before that mess is over we'll have all their kids watching MTV-middle east. Then we win. (Damn punk kids, get off my sand, too lazy to blow themselves up.)
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
"I used to, also. But after the second time I was clipped by a car, I just gave up."
You're fortunate. I've been hit while on a bicycle (no injury, damaged bike). And hit on a scooter, twice (totaled). Both times resulting in hospital bills, and serious injury.* Sometimes you just need a steel cage around you to survive, let alone getting around in.
*And I haven't even gotten into the stolen bike part.
This is why socialism doesn't work and why market economics does.
So, you're saying that we should
- cut back on corporate welfare,
- stop subsidizing oil companies, and
- let gasoline prices rise to their true market value?
Sounds good to me!"Not an actor, but he plays one on TV."
Public transportation is inferior to driving your own car. Public transportation doesn't run on your schedule and doesn't go exactly where you want to go.
Having to use an inferior method of transport is clearly an indication of a lower standard of living. Folks in the USA who can't afford to buy or operate a car are left with public transportation as their only option.
Ask folks who can't afford a car if they'd rather have free use of a car with free gas for 5 years, or whether they'd rather have free public transportation for 5 years. Which one will they choose?
Folks who can easily afford to drive will tend to prefer to drive. There are some people who don't, but their attachment to public transportation is a quasi-religious one. They have decided to make themselves worse off -- to lower their standard of living -- knowingly.
... just wait for the carbon dioxide from China and the US.
open (SIG, "</dev/zero"); $sig = <SIG>; close SIG;
"Its chairman noted that gasoline prices have soared well above $3 a gallon and asked, 'How did we get into this mess?"
I do no know for sure, as I don't pay much attention to oil and gas, but might it have something to do with greed? Remember when those execs weren't under oath, and efforts to put them under oath were scorned by the judge? Do you really have to ask how we got into this mess, or feel surprised?
Personally, I don't think it's worth it
When you say "worth it", presumably you mean "worth the cost". What cost?
When was your last vacation in ANWR? How about your friends? Their friends? Anyone you've heard about in the news vacationing there? Anyone planning to vacation there?
ANWR is a wasteland. It's only fit for mosquitoes and reindeer and the reindeer aren't particularly bothered by oil drilling.
There are several problems with ethanol. The sudden increase in demand (due to the new mandate) has led to a major price jump in ethanol as well as corn. The livestock industry is very unhappy as are food processors like Coca-Cola who rely on corn byproducts such as corn syrup. Mexico has faced widespread protests since the price of corn tortillas (one of their basic food staples) went up over 30%. And now it is an increasingly more expensive component of gasoline.
Ethanol doesn't transport easily. We can't ship it through pipelines, so we have to transport it by truck. Yep - we burn off large amounts of gas just trying to add this stuff to our fuel supplies. Add in the energy used to grow and harvest the corn, transport it to the ethanol plant, convert it into ethanol and then transport the ethanol to the gasoline processing plants and you can see what a boondoggle this has become. It takes over a gallon of gasoline to create a gallon of ethanol (best estimates put it at 1.29 gallons of gas per gallon of ethanol).
Ethanol can't store as much energy per gallon as gasoline does. So our MPG drops when we use ethanol blended fuels. Now we have to buy MORE gas to go the same distance which puts further pressure on the fuel supply, driving the price up even more.
So this mess doesn't seem to be the result of greedy oil companies as much as it is a byproduct of our Clueless Legislative Overlords.
Oil is about the same price as it was when gas was $2.50. It's a refining issue and an ethanol issue and a tax issue, not really an oil price issue.
# Allow drilling in ANOIR
# Allow drilling off the continental shelf in the gulf
Not a good idea.
Oil pulled out of there now would probably simply go on the global market. Since it's not a particularly huge amount in comparison to what's out there, it probably wouldn't depress prices significantly. Especially since competition for industrial resources is getting steeper as China, India, and some third-world countries enter the game.
At some point, it seems likely the peak oil shinola really will splatter upon the fan. Or resource competition will get really intense. Maybe so intense that we'll see military challenges for control of resources on the other side of the globe. All while most modern militaries run, essentially, on oil.
Against that possibility, which option places us in a stronger strategic position -- if we tap all our domestically available resources, or if we leave some significant ones untapped while using those from around the world while we (more or less) have a dominant position?
Tweet, tweet.
I'll support these outrageous gas prices if they're finally high enough to make people rethink their horribly inefficient daily commutes. I find it wrong that there is such a huge flow of cars going back and forth every single day.
People commute because it's the most efficient option for them. If they'd be better off with some other option, they'd do that instead. People care about what makes their lives better or worse -- a lot more than you care about them anyway.
What you're saying is that you want people to become worse and worse off until they are forced to accept an inferior option that doesn't involve commuting in their cars. They'll lead worse lives with less happiness and more poverty, but a least you'll get what you want.
As a Dutchman, allow me to laugh out loud.
City planners here all assume 2 cars per household in the suburbs, or so it seems. Inner cities, often with 17th-century layouts, are all expected to be reachable by car. Bike lanes exist, but are given completely illogical rules when it comes to right of way; I've seen roundabouts were pedestrians and cars have right of way, but the bike lane between the pavement and the roundabout doesn't. Traffic lights often give a green two or three times to a crossing car lane before finally letting the bikes cross.
The only reason bikes don't get massacred en masse is cultural: Dutchmen tend to take the bike for almost all trips under 3km on average (that means that there are folks, like me and my gf, who routinely bike all distances under 10km); there is a default assumption that there will be bikes on the road.
The bad planning combined with the prevalence of bikes on the road has given rise to the mass perception, which is not wholly off, that bikes routinely ignore traffic lights and right of way. We have to, because the bloody planners treat us like 2nd class citizens. I don't run red lights on principle, but I do run 'em if the bloody idiots do not see fit to give me a green within 5 minutes while giving the cars three greens in the same period, which happens more than I like.
Mart"I know I will be modded down for this": where's the option '-1, Asking for it'?
I lived in Japan for a while. Lots of people cycle to work there, but it depends. If the weather is bad, the numbers drop tremendously. I barely cycled at all during July and August, because it was 85 degrees by 8 am and terribly humid. I didn't cycle most of the time in the middle of winter for the opposite reason. Rain cancelled quite a few days as well, either directly, or because I had chosen to use the buses the night before due to rain and left my bike at work. In the end, I rode my bike about 60% of the time. Note that having a good public transportation system is almost a necessity for using a bike on a commute. Without public transportation, how do you get home if you cycle to work but the weather turns sour in the late afternoon? Bum a ride? That may be OK on occasion, but not once every week or two as would actually happen.
Europe has a much more moderate climate than most of the United States. In general, the winters are not as cold and the summers not as hot, though it obviously depends on location.
I agree, however, that we need public transporation. Lots of it. Unfortunately, it is a chicken-and-egg problem. Our sprawl-inducing love affair with cars and highways has lowered the population density to the point where public transporation is not viable. However, if you have good public transporation, the system itself creates the density to sustain it. However, I don't think our current system is the result of "poor planning". Rather, it is the spontaneous result of our large open areas, low population density and young cities that were largely built after the advent of the automobile. Canada and Australia face the same issues.
The price will continue to rise. Eventually it will be to valuable to burn as fuel. We will continue to extract it beyond that point as raw material for plastic etc.
The rising price is what will make oil's replacements economical.
What you suggest IS just plain stupid. Take an intro economics course.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
That maximizes your browser window, no less. How very annoying.
But that's not stopping them from dieing for it.
What we need to do is capture their holy rock and carve it into crappers for highway rest stop toilets.
Alternatively we can just continue to pump them dry while oil is still relatively cheap. They've already pumped over half their reserves and spent it on solid gold back scratchers (actually solid gold back scratchers are relatively good investments compared to what they have spent the money on). A bunch of Arabs without any money won't bother anybody but their immediate neighbors.
When it becomes truly scarce then we tap ANWAR and our coastal reserves and let them sink back in camel herding lifestyles. In the meantime keeping them fighting among themselves is a good way to keep the funds from being used to build any real industries.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
people assume corporations always have evil motives. I work for a major chemical company. We do "unscheduled maintenance" all the time. Things break. New problems are discovered. New corporate initiatives are passed.
Personally, I completely disrespect those with the "corporations are evil" attitude. Not only are they wrong, but they are practicing a form of bigotry. The vast majority of people working in major corporations, from top to bottom, are just like people anywhere else - predominantly good, but with a few rotten eggs. If anything, you will find fewer rotten eggs in a major company than you would find in the general population.
My software company of around 1000 workers has no telework or telecommuting.
Management is angrily against it because they tried it some years back and got burned by a couple of teleworkers who did nothing but loaf on the couch watching TV or something.
Funny enough, we tried to outsource some work to India and ran into similar issues since nobody was there to supervise the work, and the work we got back was pure junk. Management is doubly convinced now that out of sight workers do nothing. I like to say our cubical workers do the same loafing and get very little done and write truly awful code, so what's the difference anyway?
Upshot is that working from home is banned thanks to those early bad apples. The moral is, if you're a pioneer at something, damn well make it work or if you're gonna fail at least make it clear the failure is your own fault rather than a problem with the whole concept.
Don't just ruin it for everyone.
Oh also, in some neighborhoods the nosy neighborhood busy-bodies like to bust teleworkers for things like operating a business out of a home. You can be a stay-at-home Mom -most people agree that's a job- but you can't do anything else. If Mom fires up her notebook to do some work at home, she's breaking covenants. OMGWTFBBQ!
bah
Here's the thing about Europe: it has about 100 more people per square km than does the US. It's something like 30 for the US and 130 for Europe.
That means that a bus route can service more people and actually be solvent. Hence more routes and denser schedules. The higher gas prices also drive demand.
Proximity to work also means that walking or biking are feasible. A 10 minute walk scares the hell out of most Americans because they're so used to driving. In Amsterdam or Copenhagen biking to work is a real alternative with dedicated paths on every street and dedicated traffic signals.
But remember that many Europeans still would rather drive, and do if they can afford it. They drive small cars, but still would rather drive. In Poland, where you can throw a dart at the map and get there on public transport, there are more and more cars because people simply like the convenience now that they can afford it.
boldly going forward, 'cause we can't find reverse
Don't buy from them--buy from the littler guys--and maybe the prices will go down at least a bit.
Hard to believe, of all the things that cause broadband subscriptions, it was telecommuting and nothing else. I think it's more a matter of low interest rates finally putting enough money in circulation to catch up with rising broadband prices.
Americans have greater expectations on personal space than Europeans. The average size of an American residence has nearly doubled in the last 30 years (warning PDF link). When I visit people I know in Europe, at first I was shocked at how small peoples' residences were, and I think about how I would have felt deprived if I had to share a bedroom with my sibling when I was young. Not to mention that you have not achieved the American dream if you don't have a big lawn and a ride on lawnmower.
Americans could live 10 miles from their workplaces... if they wanted to settle for "tiny" residences and forgo the huge lawns. But they look at the kind of house that they could buy if they live 50 miles away for much cheaper and they decide that spending two hours a day in traffic is worth it. Personally, I'm not in that category, but thats just me.
Government is the problem, NOT the solution!
Libertas in infinitum
Don't forget however that the refineries that do exist have been able to largely increase their capacity since they were built.
However, due to the idiot environmentalists, there are no refineries on the US west coast, so it is cheaper to sell our Alaskan crude to Japan than it is to ship it down to the US refineries by way of the Panama Canal.
Libertas in infinitum
Urban sprawl is a big factor which isn't as much of a problem in Europe as it is in the US. Also the US has suburbs and is geographically HUGE compared to Europe. Perhaps that has something to do with why public transit isn't as feasible?
Libertas in infinitum
When you're a telecommuter, you can't stay home from work when you're sick!
Apparently I don't know anything about oil-ology, can you explain further? I can't see any reason for oil companies to underestimate the reserves. In fact, I think the incentives for the companies are to overestimate: if you are seeking investors to back an expensive project, or asking your shareholders to approve of it, or asking government to grant you permission to proceed, you have every incentive to hype the resulting benefits (i.e. return on investment) which in this case means to inflate your estimates of the oil that might be extracted. The estimated value of oil reserves is also a contributor to a company's stock price, which companies tend to want to see going up as much as possible. There's really no value to a company to downplay its reserves.
People seeking to prevent drilling, on the other hand, would probably tend to estimate low, in support of an argument that the costs outweigh the benefits.
For the past 10 years, I've wondered whether all the people I saw on the road HAD to be physically present at the office every day. Too many managers felt that if they couldn't go around the corner and look in on their workers, they'd goof off. God forbid if they should be home working on home improvements. Now those attitudes are proving so costly, they've become impractical. People still need face time but they do not need to be physically present in the office every day.
Besides saving gasoline, this will also reduce traffic congestion.
Wansu, th' chinese sailor
Yup, that's right. All the oil in Alaska at the moment is sold crude to Japan.
Why?
Because there are no refineries on the US East Coast and it is more expensive to ship it around through the Panama Canal to refine it than it is to simply sell it to Japan.
Another fine example of government and the environmentalists screwing it up for the rest of us!
Libertas in infinitum
while not increasing the tax on diesel fuel.
The politicians know better than to jack up the US gasoline tax, since that's a way to lose the next election. But from a policy standpoint it seems that that would be an ideal solution - or rather, a movement in the right direction - for a bunch of important problems, including dependency on foreign oil, too much carbon-based fuel consumption, too much money flowing out of the country to Arabs and Venezuelans, and a hidebound auto industry that doesn't seem to care about fuel economy. And you don't need to create a whole new set of laws or regulations that can be gamed and loopholed - a gasoline tax is easy to understand. Use more, pay more, use less, pay less.
Even if the unlikely assertion that there is more oil in Alaska than the geologists predict is true - its only going to be double or quadruple the quantity given to date. So its going to supply the US for less than 5 years at current consumption rates. This is bugger all and best kept in the ground for fueling the military when you really do have to invade people to get their oil.
Facts are history now plebs have politics for religion on social media.
"I think it's to maintain the perception of control. "
Kind of hard to "borrow" the office supplies while working from home.
I agree with with theory on tactics similar to Enron:
I recall back in 1998, we were still around $1.05 a gallon, here. Summer came and went, and there were no spikes, no talk of "refinery issues" causing "supply problems", nor any talk of supply problems due to hurricanes, pipeline breaks, etc. Has usage increases? Yes, a news source--two or three years back--indicated an increase of only about 1-2%.
Some of it is China, India and the world economy. Some of it is supply of the crude required to make the gas, and problems with world politics, and dependence on foreign oil. But, this one is a problem right here at home.
Imagine the scenario:
1. Cut down severely the annual maintenance funding to keep the refineries operational. Why not even decommission a few? The cost of doing business has now been reduced, resulting in greater profit margins for the oil industry.
2. Now, when something happens--such as a hurricane, or equipment breakdown due to lack of maintenance--the lack of supply can result in even greater profits. These are maintained after the event to "rebuild the damaged infrastructure", even though there is plenty of money there already for that.
Enron did the same thing with their infrastructure.
They are living fat and happy at our expense, and we have no economic recourse to fight back. We basically have to live with it, because we need to get to work and back, operate machinery, etc. It's a win-win for them, and we lose, unless we can regain control through regulatory or legal means.
I don't drive an SUV...but since 1999, this has cost me thousands of dollars more than what I was paying prior to the increases. It sickens me to see all the excuses--every year--on why they need to drive prices still further. We don't just pay for this when we stop at the pump. Energy costs drive up the cost of everything: food, shipping, production, electric, trash disposal, etc. We pay again and again and again, when energy costs go up.
While Enron caused problems in a limited scope, the oil companies have made it a national issue. Their irresponsibility--in my opinion--is a danger to national security, and an act of treason, if we do have a real crisis. I would like to see the profits seized and put to work rebuilding the infrastructure, and some percentage put back into our pockets. Stronger regulations for the energy industry should also be instituted, preventing a recurrence.
Even so, we need to learn a lesson from this. One of these days, oil will go away. In the mean time, while alternative energy sources are investigated, we need to select more energy efficient means of transportation. We should also learn to how to save energy: more efficient driving styles, turning off equipment that doesn't need to be running, etc. This will give us more time to adjust to energy alternatives and reduce the impact when oil finally does dry up.
I always hear how over in Europe gas is SO much higher. What I never see is how far the average person that does drive their vehicle over there has to drive. According to a 2001 census of southeast england, the average commute is 12.9km, or around 8 miles. In france the average looks to be around 13.3km, about the same.
The average commute in the USA is around 20 miles. That's 2.5x what most europeans see that do drive and not use public transportation. So, europe I'm showing at around US$6.72 a gallon. The average in the US is US$3.28.
So, comparing apples to apples of say the same vehicle in both countries for the average commute, it is more expensive to commute here in the united states. $3.28 x 2.5 = $8.20.
Now, the average vehicle over here isn't known for gas mileage so actual out-of-pocket costs vary, but it does show that the common myth that europe is more expensive isn't always true.
Some food for thought there.
"I drank what?" -- Socrates
(Also consider the cost of living in those places with decent public transportation)
Actually, I moved here for a specific job.
"The use-mention distinction" is not "enforced here."
In my country we are paying the equivalent of US$4.70 per gallon (R$ 2.50 / liter) right now - and had being paying around US$ 4.27 over the last 30 months or so.
-><- no
Average American family spends four times as much per month on eating out and Starbucks, and about $50-60 on cable TV with 200+ channels. Average American consumer is very far from the point of "breaking" at this point. The danger of high gas prices is indirect - it can trigger higher prices for consumer goods. I was just saying that using gas prices as justification for telecommuting or buying a hybrid car is stupid.
In response to the Suez crisis and petrol rationing, Britain developed the Mini.
In response to the 1973 Oil Crisis, America developed... the SUV!
THAT's how we got into this mess.
I could go on, but you get the idea.
My employer is dumping their real estate holdings and rental space as fast as it can. I'm sure the suits could care less even if they happened to know what the price of gas is. A bit of let them eat cake, you know.
The same thing they have found in every investigation of the oil industry since the 1973 embargo: nothing.
News Flash: These are all publicly owned companies whose finances are already available and under continuing scrutiny (by shareholders, the SEC, DoJ, DoC, financial analysts, news organization, etc.). Investigators with agendas as diverse as that of the New York Times and Bill O'Really have plumed the depths of oil company operations and finances and have reported only the most incidental improprieties. The next time a congressional fact-finding committee actually finds a fact, will be the first.
The whole purpose is simply to vilify the energy industry. If the news media and elected officials weren't delinquent in *their* duties, they would be educating the public, not misleading them for their own purposes. Few people understand how and why the energy industry functions the way it does.
Research shows that 67% of those who use the term "research shows", are just making shit up.
Okay, so it's not the paragon of truth that some of us wish it could be, but it seems that Wikipedia disagrees with you. Of course, the beauty of it is that if you've got facts to back up that the area is completely recovered and long-term affects are zero, do edit the page so we can all be more enlightened.
I only post comments when someone on the internet is wrong.
I suppose it might be approaching $10 / imperial gallon, but the fuel I bought today was a little over seven dollars per US gallon.
Here's a table of UK prices.
It works out at about 10 UK pence (20c) per mile for my 1200cc car (which happily exceeds 80mph).
Your restrictions on overseas sale is pointless.
That's like saying how much could you get for gasoline, if you couldn't burn it in an engine. Mental masturbation.
Continuing to burn fossil fuels is stupid
Just not as stupid as stopping without a working replacement. That replacement will be economical when fossil fuels costs go up not down.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
OPEC members all inflate their reserves as their pumping quotas are based on their share of OPEC reserves (for example Saudi 'found' an additional 90billion barrels in 1990 without any new fields, raising their claimed reserves from about about 170BB to 260BB). Source http://en.wikipedia.org/wiki/Oil_reserves
Based on that theory all OPEC members should run out at the same time (ignoring the fact that they all cheat).
Do you think China can tell us what to do? We import from the entire pacific rim, not just China. We don't need to invade. They simply can't stop pumping as fast as they can. The Saudi economy would collapse and the House of Saud would be strung up from lampposts. If we did need to take over Saudi would be easier to hold then Iraq though, our military loves deserts, hates citys.
In any case I'm in favor of leaving our resources in the ground until we've burned through the still relatively cheap oil we're importing.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
Aren't we supposed to reduce our CO2 releases, fosile fuel consumption and focus on the worlds health instead? I don't see how reducing the prices will help the environmental issues we have at our hands. Here in Norway we pay about $2 for 1 litre of gasoline, it's a high price but lowering wouldnt fix the world at all. You American's are using -TO MUCH- energy, and that is a major problem for USA. Read up on peak oil and environmental issues, gasoline-prices are no issue at all!
http://en.wikipedia.org/wiki/Peak_oil/
http://www.lifeaftertheoilcrash.net/
I argue that there are many people that could telecommute, but they haven't started to, either because they need an excuse before their employers will let them, or because they themselves haven't given serious consideration to the idea. What I'm saying is that if higher gas prices cause telecommuting to become significantly more popular, that's a positive thing, and I welcome it. Potential benefits include reductions in demand for:
These things benefit everyone in the surrounding area, even those who don't telecommute, by reducing traffic and land usage in densely populated areas. My enthusiasm about these benefits in efficiency doesn't translate into a desire for high gas prices to harm others. I just think that if progress results from high gas prices, that is more important than the short term expense everyone is incurring from their current dependency on gas. This also means that I wouldn't think that further increases would be a good thing, they wouldn't have the same positive effect of getting people to think about gas consumption.
There was no restriction to overseas, it is just that the US market is shrinking. Maryland already took itself out of tobacco leaving room for Virginia. If anti-smoking campaigns were as successful in Asia, you could not get much for Virgina tobacco.
Now it is clear that you have missed the point entirely. From the beginning, the idea was to use high gas prices (or rationing+substitution) to force low oil prices. Keep searching for that clue.
Or shall I say: have we forgotten WHERE he's from? Bush is from Texas, land of oil & refineries. Do you seriously think he's going to do anything to hurt profits of the people that BOUGHT his election (or have we also forgotten about the "coincidence" involving his brother being the Governor of Florida during the famous "hanging chad" debacle?). Gas prices are at an all-time high here in the States &, in my estimation, it has EVERYTHING to do with Bush- I've never seen it this high & i was born in '73 (ok, i don't remember the gas shortage of '76 but it happened). It's true what another commenter mentioned re: not believing what mass media is ramming down our throats, it's all a pack of lies aimed at keeping big business' fat pockets lined with greenbacks. All this while lots of major corporations are moving their entire headquarters, taking thousands of jobs with them overseas (ie. Halliburton moving to Saudi Arabia, which btw, Vice President Cheney is still a major stockholder in, all while receiving over $2 Billion in contracts during this fake "war" in Iraq).
Mass media is to blame for a few things, though. Look at rap videos, everyone's in love with them (even suburban, caucasian youths) & what do they push? They tell us that in order to be successful, we need to drive SUVs with 30" rims & wear ice/bling that's as heavy as we are (which is retarded if you ask me 'cuz how many Africans died to make 50 Cent's "rope chain w/diamonds" & last time i checked, he was black too...but I digress).
It's good to see that companies are at least providing the opportunity for their employees to telecommute. I mean, it's the least they could do, since some of these companies are the same ones that are offshoring tech jobs like tech support, etc. Which means that tech workers now have to DRIVE further for their jobs (since the ones closeby got offshored), if they can even find jobs at all. Regardless, I chastise the crap out of my friends/acquaintances who drive bigass SUV's when they have no business even owning one (are single, don't have kids & don't coach little league) & I suggest you all do the same. We all know at least 1 person like this & if we could just be the conduit of change, it would at least be a start. I, for one, will continue driving my p.o.s. 4-cylinder as my little way of leaving a smaller footprint on our environment but also in an effort to guzzle less gas.
Live as if you were to die tomorrow. Learn as if you were to live forever. -Mahatma Ghandi
The thing that makes me laugh about this poll is that even the worst case answer of $6 per gallon is still miles cheaper than we pay daily in the UK! And yet teleworking is no more popular in the UK than the US...
Because my 30 minute drive would be at least 90 on the bus. That's if the busses are on time, and I actually make all the connections. There's also the "fun" of waiting for a bus during the rain/snow/sleet/hail, the 100%+ summers, and the subzero winters. There's the fact that I'd have to give up my 9 hour workdays because the busses don't run late enough, and without the 9 hour days, I'd have to give up my Friday off.
Slow down, cowboy! It has been 4 hours since you last posted. You must wait another few hours.
We got into this mess because Joe Suburban doesn't see how much oil is "left" when he fills up his tank. He doesn't know how many refineries there are. He doesn't understand that oil is a finite resource. All he knows is that when he needs to fill up his tank there are always dozens of gas stations nearby to meet his needs. Prices have only risen to the point of "really annoying" so it is unlikely that he will change his ways.
Joe Suburban might have heard about oil shortages--or maybe he read about them once--but he himself never experienced it and those that did weren't living in the 21st century where a trip to the grocery store can mean a gallon or two and commutes can burn several. It was a crisis, sure, but when we have another one it will be much, much worse and Joe Suburban hasn't the faintest idea that it is coming. Even if he does think about, "the time when we run out of oil" he thinks in terms of "long time from now". Why worry about it? Didn't the news just report that "they" just found 15 billion barrels of oil in the Gulf of Mexico? What Joe doesn't know is that 15 billion barrels is only two years supply and because he doesn't know there's no "market force" to correct for it. All you have to do to verify this fact is to look at the latest sales figures for gas guzzlers.
Gas prices can go up and down considerable amounts but the demand is always there--and very inflexible. I'm sure we could cut consumption by, say, 25% in a very short time if we really worked at it but the truth is that may be too late. Why? When the news reports even a hint that there could be an oil shortage people will start buying up as much as they can... "To make it through the shortage." It doesn't matter that there's 1200 billion barrels of proven oil reserves left. It only matters that Joe Suburban won't be able to get gas when he needs it and the problem will escalate very, very quickly.
The problem is that the rate at which it can be pumped out of the ground and refined will reach a peak and, while the demand will still exist (increasing every year!), the rate will not. Thus; the last voice heard before the entire collapse of the U.S. economy (government? civilization?) will be from an "expert" exclaiming, "But there's still billions and billions of barrels left!"
-Riskable
"Those who choose proprietary software will pay for their decision!"
So you're not saying you want bad things to happen to people.
You're saying that you know more about what's good for people's lives then they do themselves. Because you're one of the elite folks with all the knowledge -- almost like you're a parent and everyone else is a child, so you should get to make decisions for the rest of us.
We're too stupid to know what's best for us and we're lucky to have you.
Nobody is being forced to do anything, people are making their own decisions based on the new situation that results from higher gas prices. The ability to purchase gas at the prices it was being sold for ten years ago is not a right. If current prices cause people to reduce the amount of gasoline they waste on things like driving back and forth every day, I consider that to be progress.
Argh! Stop proving my point for me! You moved here for a specific job, but you failed to pick a place that was near your job in the transit-space, instead choosing a place that WAS close in car-space. It wasn't a priority for you, and now you're complaining that the transit is not good? Failing to prepare is preparing to fail.
If you're moving for a certain job, you don't have to be smack in the middle of the grid, you just have to be within a mile-wide swath of a direct, transfer-free line. That's usually a huge area, composed of both urban and suburban.
In case you hadn't figured it out, public transport would only be a means to an end. Since there was a much cheaper option (living here and driving myself), I went with that.
"The use-mention distinction" is not "enforced here."
Holy crap, guys, my age has increased with the price of gasoline too! This study suggests the price of gasoline can affect time itself! Trust me, I'm an expert on my own age! ALERT THE INTERNET!1one!1!
What an interesting response, makes sense! People don't want to pay for gas by driving to work so they find a way to do it at home. I wish I was able to work at home, and do school at home- but then I'd have no social life at all. Who knows, maybe in the future, everyone will be a turbo nerd, never leaving the house and relying on internet relationships to coax their lonliness! Curious? Check out Christopher Ruddy
Bummer. Better luck next time.
On my end I've pocketed the $8000/year x 7 years saved from not operating a car, and payed of my mortgage early.
Why is tax on gasoline in the USA so ridiculously low?
We prefer to conduct our social engineering to a greater degree through legislation than taxation.
Or do you mean that we don't pass along the cost of oil wars into the gas tax?
My God, it's Full of Source!
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artificially low prices on gas to compensate
Artificially low? Do you mean the fifty cent per gallon tax most Americans pay? Or the 9.2% profit floor Wisconsin enforces?
The US gas prices are already what the market float will bear, plus taxes.
If you're referring to tax breaks, subsidies, and pork for the oil industry or not passing along the cost of pollution or oil wars at the pump, I'll concede the point, but if it's just the lack of social engineering through taxation, that's hard to call 'artificially low'.
My God, it's Full of Source!
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