Don't be fueled...
Summer gas prices are down - falling below $4/gallon for the first time in months at many local stations.
This does not mean we are not still in a peak oil situation. It just means we are using less gas and diesel, and the laws of supply and demand are still in play. Simple economics.
Keep using less, and the prices will stay low. Go back to burning fuel like there is no tomorrow, and it will go up again.
This does not mean we are not still in a peak oil situation. It just means we are using less gas and diesel, and the laws of supply and demand are still in play. Simple economics.
Keep using less, and the prices will stay low. Go back to burning fuel like there is no tomorrow, and it will go up again.
Labels: petroleum
posted by M. B. Dezotell at 8:16 AM
2 Comments:
Gas prices deserve to be high. We're burning an energy source that will not be replaced in our lifetimes! The only sensible thing to do is switch to a fuel source that can be easily renewed, from sunlight to biofuels made from waste biomass.
Indeed, but one of the effects of high fuel prices is that it raises the price of everything else we use:
- Items that must be shipped or trucked to a location other than where they are made (in other words, nearly everything we buy).
- Homes that require materials to be shipped or trucked to the building site.
- Food produced using artificial fertilizer (made from natural gas) and/or chemical pesticides (made from petroleum).
- Food that also depends on harvesting machines and tractors that run on gas or diesel.
- petroleum used in the manufacture of almost all chemicals, plastics, roofing materials, and the asphalt pavement we drive on.
Until we stop being dependent on cheap petrochemicals to support every aspect of our existence, we will not be free of its effects on our economy.
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