Could go even higher
100 dollars a barrel could be a new norm as far as price per barrel here in the U.S. for a variety of reasons. And this will not help the U.S. and European economies at all. Looking at the long term problems caused by this tendency for oil prices to edge ever higher (even though there likely will be breaks where we see 75 to 80 dollar a barrel oil too) generally the trend will be towards 100 then 200 then 300 dollars a barrel over the next 10 to 20 years. So, in one way it is good we are getting used to higher prices because soon (within the time it takes today's babies to grow up to college age) likely oil will be gone for all intents and purposes.
Here are some of the things I wrote to prepare for when oil is gone or too expensive to buy less than one generation away.
When Oil is Gone or Too Expensive part 1
Crisis with Iran is Why U.S. has Oil Reserves
Adaptation to the End of Oil
Farming without Gasoline or Diesel
5 Billion Less People on Earth?
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- most read articles from KYIV Post
- The ultra-lethal drones of the future | New York Post 2014 article
- reprint of: Drones very small to large
- Purple Delta 7 started as a Clone of Silver's mind in "2035"
- 158,008 visits to intuitivefred888
- Trump posts $175 million bond in New York civil fraud case as he appeals
- Hope Hicks expected to testify in Trump’s hush money trial
- The Star Wanderer (This is my first experience with Chat GPT: "I asked the Sentience of Chat GPT to write in the style of Robert Heinlein who was my favorite author of my childhood"
- Analysis Expanded gag order lays down the law as Trump returns to the campaign trail
- Judge expands gag order in Trump hush money case to include family members of court
No comments:
Post a Comment