Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Joined: Apr 27, 2007 Posts: 4262 Location: The Great Sonoran Desert
Posted: Mon May 26, 2008 5:14 pm Post subject: The precipice has been breached...Vehicle Miles
So this is what the peak looks like.
_________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Posted: Mon May 26, 2008 5:29 pm Post subject: Re: The precipice has been breached...Vehicle Miles
roccman wrote:
So this is what the peak looks like.
Call me crazy but......aaahhhhhh....peak looks like.....a square....with a red X in the middle?
This isn't one of those "I'm showing you something silly and calling it something else just to see how gullible everyone is" stunts of yours is it? _________________ Freddy RULZ!
www.TrendLines.ca/scenarios.htm Home of the Real Peak Date ... set by geologists (not pundits) (or bankers) (or web "experts")
Posted: Mon May 26, 2008 6:02 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Good find RM.
Can anybody insert one of those moving GIFs of the black silhouette of a guy jumping off a building, bouncing just slightly, and repeat? _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Posted: Mon May 26, 2008 6:13 pm Post subject: Re: The precipice has been breached...Vehicle Miles
I read somewhere here that vehicle miles are down maybe 4%? I guess the sheeple are getting the message at the pump. _________________ Local fix-it guy..
Posted: Mon May 26, 2008 6:15 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Quote:
I read somewhere here that vehicle miles are down maybe 4%? I guess the sheeple are getting the message at the pump.
-
You use a big enough stick, you get their attention. _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Joined: Oct 06, 2006 Posts: 1011 Location: was rwwff
Posted: Mon May 26, 2008 6:32 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Law of large numbers really works well on this one, simply because there are so many vehicles, and so much fuel; and we know what kind of vehicles are driven where, and how much gasoline is used there. And you can spot check the numbers with existing traffic survey methods.
No reason to doubt their accuracy.
As much as I'd wish too.
*F*.
Three years of flatness.
Just.... *F*.
Wasn't really expecting that sort of effect for quite a while; disturbing to see it already having an effect on the macro scale. _________________ Yes, we are. As we are.
And so shall we remain; Until the end.
WASHINGTON (MarketWatch) -- With gasoline and diesel prices soaring to record levels, American drivers are cutting back sharply on the miles they travel, the Department of Transportation reported Friday.
Total vehicle miles driven fell in March by 4.3%, or 11 billion miles, to 246.3 billion miles, compared with the year earlier. It was the largest year-over-year decline in miles driven since the government began keeping records in 1942.
Americans drive more than 3 trillion miles each year. So far this year, cumulative miles driven are down by 2.3%.
We need Dubya to tell us to shop!
_________________ Cogito, ergo non satis bibivi
I'm just gonna find a cash machine.
Joined: Sep 25, 2004 Posts: 4392 Location: Boston, MA
Posted: Mon May 26, 2008 7:19 pm Post subject: Re: The precipice has been breached...Vehicle Miles
I see this as great news!
Less oil consumption, fewer miles driven, and yet no zombie hordes.
America is getting the message and responding to incentives.
In 5 years that number will be down even more and we might be beginning to re-enter the world of sane commutes. _________________ "www.peakoil.com is the Myspace of the Apocalypse."
Posted: Mon May 26, 2008 7:38 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Tyler_JC wrote:
Less oil consumption, fewer miles driven, and yet no zombie hordes.
So much depends on the shape of the curve. If it's smooth and gradual, then the economy may adapt.
I cannot help wondering about the many communities that are deeply dependent on the tourist trade. A sharp decline on the curve could cause a large decline in employment, large shortfalls in community tax revenue, and widespread business failures.
Posted: Mon May 26, 2008 7:39 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Tyler_JC wrote:
I see this as great news!
Less oil consumption, fewer miles driven, and yet no zombie hordes.
No just rising unemployment, business failures and reduced economic activity in toursim, hotels, restaurants, and all the other places people spend money when they are on the road driving.
Conservation is a self-induced recession. _________________ A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
Live in Arizona? Check out: http://sustainablearizona.org and read my blog.
Joined: May 13, 2005 Posts: 2530 Location: The Urban Village
Posted: Mon May 26, 2008 7:58 pm Post subject: Re: The precipice has been breached...Vehicle Miles
Tourists are still plentiful here. The other day I was at a parade with my dog and all these Chinese tourists wanted to take their picture with her. And, the newspapers have been running stories about how more people are staying on the metro to go to restaurants, shopping, etc., helping business along the lines. I know the lower margin restaurants like pizza are hurting because they haven't raised prices fast enough to keep up with climbing flour and other ingrediant prices.
The Department of Transportation said figures from March show the steepest decrease in driving ever recorded. Compared with March a year earlier, Americans drove an estimated 4.3 percent less -- that's 11 billion fewer miles, the DOT's Federal Highway Administration said Monday, calling it "the sharpest yearly drop for any month in FHWA history." Records have been kept since 1942.
_________________ Geko45 - Producer of Doomer Porn
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