Oil price going to 100 dollar a barrel

Discussion in 'General Discussion Forum' started by tazo, Oct 22, 2007.

  1. fallout ranger

    fallout ranger Vault Dweller

    Sep 18, 2004

    Yes, we need more here, it's something that's been ignored/avoided. Mainly because of perception, with all those 80's benzes ruining the image of diesel as an economical and clean alternative. At this time though, diesels are only in trucks and a few cars (MB E-Class, Jetta TDI, beetle TDI, Audi Q7, VW Touraeg, Jeep Cherokee, BMW 3 & 5 series). It seems VW is at the forefront of diesel tech in USA at the moment. I've been waiting for diesels to show up here, but not much has been happening outside of the truck market.

    I want to see a diesel/electric hybrid that hits the 70/70 mark.

    must be read by all
  2. boer_kameel

    boer_kameel Still Mildly Glowing

    Apr 2, 2003
    Jetta, Beetle, Audi, Touareg, BMW - that's cheating, those aren't American cars ;-)

    VW and Audi are one and the same brand, just like BMW owned by the Germans.

    Bit of trivia - who designed the first VW?


  3. fallout ranger

    fallout ranger Vault Dweller

    Sep 18, 2004

    I meant ones that are sold in the US.

    More trivia:

    VW "the people's car" also owns Bentley, Bugatti, and Lamborghini. And they look to be soon bought up by Porsche, whose founder , Ferdinand Porsche, had a tiger Tank named after him and who designed the beetle.
  4. Kukident

    Kukident Still Mildly Glowing

    Apr 21, 2007
    I know, and it's fun!

    and what's even more fun, nobody likes americans, except themselves
    and it gets even more fun, fox news tells 'em sth. different.

    just like in 2nd WW in the german reich when they told their people that the german soldiers were pushing forward at the east front, while they in reality were closed in by the russians

    ok, bad comparison

  5. Wooz

    Wooz Vault Sweeper Admin Orderite

    May 18, 2003
    I know of Dubai. The only place you can ski in the desert!

    Nevertheless, when the oil runs out and someone develops fusion power, there will *be* no Dubai.
  6. TheWesDude

    TheWesDude Sonny, I Watched the Vault Bein' Built!

    Feb 25, 2005

    500 barrels a day at highest production?

    the US uses an estimated like 170,000 per day. so for that idea we would need on the order of about 400,000 of those plants, and they would have to run at 100% every day. i dont see it happening within 3-4 years sorry.


    in the US, the majority of the research is being funded by the oil mafia #1 and then the DOD is #2.
  7. tazo

    tazo First time out of the vault

    Sep 3, 2007
    Any predictions on the next country that will be invaded in the war on oil?

    The countries with the most oil are:
    -Saudi arabia

    well guess we can write off the countries with the most stable governments as canada, russia, saudi arabia.
    Iraq is already invaded.
    Then we are left with Venezuela, Libya, Nigeria, Iran.
    -Nigeria democracy
    -libya military dictatorship
    -venezuela democracy
    -Iran democracy (non-secular)

    Ofcourse everybody needs an invitation. So i guess terrorism is now a popular thing..so i'm betting my money on iran.
    shame libya tries to play nice last few years, couping a military government is always good for votes.
  8. Loxley

    Loxley Water Chip? Been There, Done That

    Apr 11, 2003
    Iran Will not be invaded. The country is more than three times as big as Iraq, how do you think it will be controlled? Perhaps bombed a litte yes, but not invaded. I think.....nigeria. Perhaps it is democratic, but it is very unstable with many groups fighting over the oil money. In addition there is the legitimate excuse that one should invade Nigeria to stop online money frauds. Seeing as they are very often targeting americans for such frauds I think it a safe bet that huge popular support will help the invasion.
  9. TheWesDude

    TheWesDude Sonny, I Watched the Vault Bein' Built!

    Feb 25, 2005
    you forgot about kuwait
  10. fallout ranger

    fallout ranger Vault Dweller

    Sep 18, 2004

    Actually we'd need 340 plants, not 400, 000, and that plant is small, a larger one could handle double or more its capacity.
  11. John Uskglass

    John Uskglass Venerable Relic of the Wastes

    Aug 29, 2003
    It is a temporary hike. Eventually investments in other sources will start pining out, resulting in a decline in prices as the Mid East drops prices to compete with non-fucked up sources.
  12. TheWesDude

    TheWesDude Sonny, I Watched the Vault Bein' Built!

    Feb 25, 2005
    and over what distance do they need to get materials to make their 500 barrels a day of oil?
  13. tazo

    tazo First time out of the vault

    Sep 3, 2007
    I don't think the mid east can drop prices..that's a market thing, they can only produce more or less oil and there is reason to assume they produce as much oil as they possibly can atm.
  14. alec

    alec White heterosexual male Orderite

    May 21, 2003
    I read up on the subject and the price of a barrel of oil is indeed expected to pass the 100$ dollar line in the course of 2008.
    While I applaud that in a certain way (it will benefit human health and the environment), and teach humans a valuable lesson (nature does not give a shit about humanoids), I dread the effects it will have on the distribution and the price of food and primary necessities (clothing, heating, ...).
    I betcha governments will come up with all sorts of half-baked ideas to keep the masses, the common people, the poorer parts of town content. They'll probably come up with petrol cards that give poor people a cheaper price to fill up their cars, while the rich will probably have to cough up the full price or a little more. Stuff like that. Typical capitalistic manoeuvres to avoid internal conflicts.
    Thing is, though, that none of these 'solutions' will help to avoid the big finale. 400$ per barrel will only be payable for the military structure and the superrich.
    Me, personally, I predict more national problems than international ones. Sure: some countries will be invaded for their black gold, and some countries might eventually be annexed, but each country seperately will suffer internal problems the likes they have never seen.
    And it's going fast now. You can bet your arse that Peak Oil has already happened. It's down the slope for all of us now, and seeing that the demand is only rising, so will the prices. The price of oil will be a tobogan that's lost all control.
    Wait until major cities start to experience permanent blackouts. Wait until NASA stops its space program because they lack the fuel to launch rockets and space shuttles?
    Wait until you have to spend winters in an unheated flat or house.
    Wait until you can't go to work in Brussels anymore because you live in Gent and what you earn each day isn't even sufficient to fill up your tank.

    The worse is yet to come, but if you have an eye for details you can already see the fungus of poverty, disease and war attaching itself to our beloved capitalist societies. And fungus grows like hell.

    It's time to stop thinking in decennia. It's time to start thinking in years. We are all characters in the prologue of what is bound to become the biggest tragedy in human history. And Chapter One is right around the corner.

    I wish you all the best of luck.
  15. fallout ranger

    fallout ranger Vault Dweller

    Sep 18, 2004

    They can set them up next to landfills (if they so desire) and mine the garbage.
  16. Hellion

    Hellion Antediluvian Lurker

    Jun 20, 2003
    It's a good thing for us Europeans that the Euro keeps gaining value over the dollar (it's 1,43 euros for 1 dollar now, or something like that) and that rise in value mostly absorbs the rise of oil price. Things would be really tough if not for that.
  17. SuAside

    SuAside Testament to the ghoul lifespan

    May 27, 2004
    well, importing stuff is relatively easy with the strong euro, but eventually this rising euro will become too strong and ruin our competitivity in exports...
  18. xdarkyrex

    xdarkyrex Vault Senior Citizen

    Aug 28, 2006
    You Europeans just wait, the dollar is currently being phased out for a new currency :P
  19. alec

    alec White heterosexual male Orderite

    May 21, 2003
    The Yen?
  20. TheWesDude

    TheWesDude Sonny, I Watched the Vault Bein' Built!

    Feb 25, 2005
    the usd wont go away any time soon.

    although technically china has the power to devalue the usd and drastically increase the us debit by cashing in their bonds and such.