Has the drop in crude prices affected your interest in PO?

allenwrench · Intermediate Crude Joined: Apr 23, 2008 Posts: 893

Have you slacked off on your PO studies? Put some preps on the back burner? Just here for a laugh and don't care much about PO or crude prices?

Or are you not distracted by the fluctuations in the price of crude and keep your mind focused on the big picture?

misterno

Exactly, I stop reading the forum when oil starts going down

dunno why

Utopia · Tar Sands Joined: Sep 27, 2005 Posts: 28

Nope.

Regardless of what the market does, there is harsh realities backing up PO. To ignore them, it's sad.

This dip in prices changes nothing, they will come back up and will hit harder and harder with each push forward.

Prep now before buying becomes panic buying and the ability to prep no longer exists.

allenwrench · Intermediate Crude Joined: Apr 23, 2008 Posts: 893

PonyBoy78

No change. Prepping, killing debt, and saving is still Job #1.

If the economy goes south for a while, I'm happy.. it might buy us some more time.

DoomWarrior

No.

PO is a geological reality, irrespective of market forces.

BigTex

Peak oil?

I thought the government bailed that out.
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killJOY · Fission Joined: Feb 21, 2005 Posts: 2509 Location: ^NNE^

I just went out an bought a Hummer. Does that answer your question, dink?
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"By the time individuals discover that remaining resources will not be adequate for the next generation, the next generation has already been born. " David Price

Mack12345 · Tar Sands Joined: Jun 02, 2008 Posts: 78

Since I only became PO aware about 6 months ago , I am thankfull for the decline in price and demand becase i feel it may buy me more time to make at least a few basic preps .
Im thankfull for any time i get .. I have SO much that i need to do to even meet the most minimal level of preparidness .

Ainan · Heavy Crude Joined: Feb 18, 2008 Posts: 309

No, this is the quiet before the storm... We just have a little bit more time before the zombie hordes, use the time wisely.
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April 2008 Global Population: 6.8 billion
April 2010 Global Population: 7 billion
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South · Coal Joined: Sep 03, 2008 Posts: 16

Have prices dropped, or are the Republicans really good at getting the price down low enough for us not all to panic to much before an election. .

S.A. is all to happy to tell OPEC to take a hike right now and try and aid there old friends in keeping prices stable for the short term. But the election will come and go... and OPEC will meet again in December and then of cource S.A. will comply with OPEC and slow production, at which point I believe oil will bounce and bounce hard.

NOTHING has changed, we still have an ecomomic model based on growth, and this will not, and can not, change anytime soon. The world can not sustain this grow based on an oil infrastructure because there is not enough oil supply to keep up to any real demand growth.

I think... for the little that is worth... that prices will bounce after the election/ christmas/ OPEC meeting on the 17th of Dec, and all that jazz. But then they will fall again... only to rise again... each time pushing oil higher and higher.

So NO my interest in Peak Oil is alive and well.

leal

No, I am still interested in Peak Oil. I am not one of the doomer types but we could be in for a rough ride the next decade or so. Anyhow, I hope there still be possible top have a nice beer or two, such as Old Rasputin Russian Imperial Stout Drinking it now actually, the only drawback with this beer is that you are getting a bit drunk Very Happy

Ferretlover

Nope. The price of a resource has no bearing on the quantity of the resource that is left to consume.
Everything is not going to crash at the same time (barring nuclear war). It is going to continue to be a very bumpy ride down the backside of the resource curve.
Make the best use of any lull in the long emergency.
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"RRrrruuuunnnn!!!" ~Apocalypto

Waterthrush

What drop in prices? Crude is down, but gasoline, the fuel I am buying, is virtually as high as I have ever seen it. I last paid $3.47/gallon. There was a 6 week spike higher, but THIS price is a price right on the Peak Oil trajectory. It is hitting people very hard. Whatever effects of Peak Oil that were occurring, are occurring.

Peak oil is proceeding.

Arsenal

My interest in PO is still alive and well. All this has done is given me a little more time to prep esp since I think no matter how well you prep, there is always something more you can do.

Food, water, ammo, firearms, silver, gold, community.... The more the merrier. Smile

Oh and of course... Buttered popcorn. Razz

Arsenal