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Oil's energy contribution has declined by about 12% since 1999. The world's economies have also declined by about 12%. (Using conventional metrics, which are time delayed determinations, this will only be seen in hind sight). The massive destruction of asset values now occurring testifies to it happening. Peak is well behind us, world economies have peaked and will continue to decline.

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Peakoil.com :: View topic - Massive fuel shortages imminent?
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Massive fuel shortages imminent?
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NeoPeasant
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Joined: Oct 12, 2004
Posts: 1012
Location: In the suburban sea of strangers

PostPosted: Fri Sep 26, 2008 2:34 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

neocone wrote:
Dude let the markets work and people be free to pay what they want.

How about everyone get their 4 gals/week stamps and those who can do without them are free to resell them for whatever the market will bear?
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UncoveringTruths
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Joined: Nov 04, 2004
Posts: 902

PostPosted: Fri Sep 26, 2008 2:34 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

dsula wrote:
HEADER_RACK wrote:
You don't get it. So you pay them a higher salary in order for them to afford gas to get to work. Everyone gets paid more to get gas to go to work.
Now everyone can afford gas again. Not enough gas to go around again . Price rises again on gas. People can't afford to go to work again. Are you going to give them another pay raise? Merry-go-round has to stop somewhere.
Now look at that, do you think the world is that simple? Maybe I'm a smart enterpreneur. Maybe I have creative ideas? Maybe I have a proposal for my clerk: Listen, gas is expensive and I can't pay you more for gas, but I need you to work. I propose a deal. I pay you a big bonus so you can relocate within walking distance of the gas station. Does that sound good? It's better than you loosing your job and me having to close the station, won't you agree?"
Oh there are so many possibilities. But you're right people without ideas that expect business as usual will have a hard time. THERE ARE NO SHORTAGES IN A FREE MARKET.

I guess you haven't gotten the memo the US Treasury Dept and SEC have rescinded the free market and want a bailout.
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SILENTTODD
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Joined: May 06, 2006
Posts: 873
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PostPosted: Fri Sep 26, 2008 2:36 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote



Still not too late to get that 1st, 2nd or even 3rd bicycle(I own 4). Still a large selection and many dealers out there waiting for your business.

Above is the Bicycle store once owned by a couple of brothers who also had some success in the Aviation industry.
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aflurry
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Joined: Mar 28, 2005
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PostPosted: Fri Sep 26, 2008 4:39 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

neocone wrote:
you don't wanna a massive riot situation in Hell A for exemple.

you can't riot if you can't get to the riot.
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TWilliam
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PostPosted: Fri Sep 26, 2008 5:15 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

neocone wrote:
nobodypanic wrote:
price of gas dropping here in VA and let me say that rationing IS the correct thing to do once shortages hit. the system we have is only as strong as some of it's weaker links. for example, what good does it do anyone if the owner of say a grocery chain could buy all the gas he wants, but the poor saps who unload the food delivery trucks can't get to work to get the produce into the store?
Dude let the markets work and people be free to pay what they want. I despise the idiots who are in this "better red than dead" mentality. The governement has already clearly failed... why give it even more means to screw up????

What you, my friend, fail to realize is that the government failure of which you speak is precisely a failure to REGULATE THE MARKET, especially the financial markets. The alphabet soup, 'spread the risk' Ponzi scheme of CDOs, MBSs and all the other 'toxic paper' that was allowed to proliferate throughout the world marketplace was only able to commence as a result of the DE-regulation of the banking and credit industries. The predictable result is the same as what always happens when greed is given free reign; it ultimately kills the goose --destroying itself in the process-- which is what we are now beginning to witness.
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MattSavinar
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PostPosted: Fri Sep 26, 2008 5:48 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

dsula wrote:
THERE ARE NO SHORTAGES IN A FREE MARKET

In 4 years of following this board, I don't think I've laughed as hard as I just did.
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vision-master
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PostPosted: Fri Sep 26, 2008 5:53 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

MattSavinar wrote:
dsula wrote:
THERE ARE NO SHORTAGES IN A FREE MARKET.
In 4 years of following this board, I don't think I've laughed as hard as I just did.

+1
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dinopello
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PostPosted: Fri Sep 26, 2008 6:08 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

NeoPeasant wrote:
neocone wrote:
Dude let the markets work and people be free to pay what they want.
How about everyone get their 4 gals/week stamps and those who can do without them are free to resell them for whatever the market will bear?

Something like that would be interesting - a rationed free market. With the internet (craigslist etc) and easy and secure payment systems (paypal etc) it could be a very fluid and efficient market. A good system would reward those that have or can migrate to a lower energy lifestyle.
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dsula
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Joined: Jun 13, 2007
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PostPosted: Fri Sep 26, 2008 6:09 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

MattSavinar wrote:
dsula wrote:
THERE ARE NO SHORTAGES IN A FREE MARKET.
In 4 years of following this board, I don't think I've laughed as hard as I just did.

Already 4 years on the board and you still didn't finish high school, dude you gotta shape up, some concepts require some education to understand.Laughing
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vision-master
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PostPosted: Fri Sep 26, 2008 6:20 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

dsula wrote:
MattSavinar wrote:
dsula wrote:
THERE ARE NO SHORTAGES IN A FREE MARKET.
In 4 years of following this board, I don't think I've laughed as hard as I just did.
Already 4 years on the board and you still didn't finish high school, dude you gotta shape up, some concepts require some education to understand.

Education about PO? Like what, some economics school? Razz
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dsula
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PostPosted: Fri Sep 26, 2008 6:26 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

vision-master wrote:
Education about PO? Like what, some economics school?

of course, like for example the definition of an ideal free market or what a distorted market is. do you know it? (some advice on the side: don't drink red stripe beer. I'm trying it right now and that stuff stinks!)
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vision-master
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Location: Minneapolis, MN

PostPosted: Fri Sep 26, 2008 6:35 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

dsula wrote:
vision-master wrote:
Education about PO? Like what, some economics school?
of course, like for example the definition of an ideal free market or what a distorted market is. do you know it? (some advice on the side: don't drink red stripe beer. I'm trying it right now and that stuff stinks!)

1st off, there is no such thing as "free market economy".
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dsula
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PostPosted: Fri Sep 26, 2008 6:48 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

vision-master wrote:
1st off, there is no such thing as "free market economy".

the definition of free market is not dependent on its existence.
I said in a free market there are no shortages. I did not say it exists. Nevertheless it should be the country's goal to get as close to the ideal as possible.
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Loki
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Joined: Apr 08, 2006
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PostPosted: Fri Sep 26, 2008 8:40 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

[quote="neocone"link Betcha our newly socialist powers will do the exact opposite of what is right: Ration the thing instead of letting those who can afford it buy it at will. I have the feeling Freedom of the Market ain't that free anymore... to paraphrase the need for the Patriot act.[/quote]
"Freedom of the Market"??? Pfff Laughing Good one. Google "$700 Billion" and get back to me about this mystical "market freedom" that I keep hearing about.

Should fuel shortages hit the US, rationing will be the solution (cf. WWII). Studying the history of the 1930s and 1940s will seem like looking into a crystal ball into the future.
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dsula
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Joined: Jun 13, 2007
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PostPosted: Fri Sep 26, 2008 9:38 pm    Post subject: Re: Massive fuel shortages imminent? Add User to Ignore List Reply with quote

Loki wrote:
Should fuel shortages hit the US, rationing will be the solution (cf. WWII). Studying the history of the 1930s and 1940s will seem like looking into a crystal ball into the future.

when (not should) fuel shortages hit the US, free market is the solution, however rationing will be implemented. good God guys, is this so difficult ?
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