TwinTurbo.NET: Nissan 300ZX forum - I was doing similar calculations the other day
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Subject I was doing similar calculations the other day
     
Posted by Cade(PA) on April 29, 2008 at 4:33 PM
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In Reply To sure we do... Basicly the same as the 4 door civic but nicer (n/m) posted by Guapo on April 29, 2008 at 04:21 PM
     
Message Very sad stuff...


Yeah, I read the report, speculating $10/gal in the future. I doubt it, though. At least not for a looooooooong time.

If it got anywhere near $5/gal, let alone $7 this summer, we're going to see riots and interstate blockades by truckers.

I got stuck in the middle of their "let's block the Jersey Turnpike" protest last month, wasn't too pretty.

In addition, I imagine we're going to be seeing a LOT of pressure from New England and coastal states, as this will dramatically affect travel & tourism in the summer/autumn - some state's main source of revenue outside of taxes.


Scary stuff...but I see some rough political and social uprisings in the future.

The oil companies are basically building warchests and stockpiles of profits, both to offset future decreases in dependency and for R&D into alternative fuels.

IMO, nobody should be dumping more money into developing alternatives to conventional fuel than the oil companies. It's the only way to have a sustainable and defendable profit stream in the long run.


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