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Debate House Prices
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Fuel to go up tonight
Comments
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When those higher prices (and more) are reached (permanently) other fuel sources start to look cheaper, as I have said before, my view is that marginal costs will facilitate the move to different energy sources.
Absolutely right! It will take fuel prices of this level to change behaviours and investments.
Personally, i'm hoping that it will make west coast oil viable.;)0 -
Good post Graham, although I'm not sure we will see the term 'tax cuts' over the next decade. To me the next decade is going to be the most interesting one since the start of the industrial revolution, lots of things are coming to a head at the same time, it will be interesting to see how humanity works it out.
My fears are that the human race in it's current form and brain size has been around for half a million years, apart from a couple of blips with the Eygptians and the Romans, very little progress of any kind was made until we drilled for oil, and now everything is based on it, without it our civilsation would crumble into anarchy within months........... like I say interesting times lie ahead.
I don't think it would be a tax cut per se, but the treasury could not cripple the country so that it grinds to a standstill. They would have to look at taxation on fuel, and move the taxation elsewhere or reduce spending in other areas, such as lucrative benefit payments, cut the amount you get on the NHS ad make some things private etc.0 -
Personally, i'm hoping that it will make west coast oil viable.;)
Not sure about that :eek:
http://www.ens-newswire.com/ens/may2004/2004-05-27-01.asp'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Did anyone see the car on TV a week or so ago (on the Gadget show??) that ran on compressed air? Very unrefined, but seemed a good idea. Approx 120 miles on one tank of compressed air, though was slow and didn't have a/c. Makes a pretty good city car though.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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Disagree Steve, economcs can not beat the second law of thermodynamics and our civilisation and population is based aorund energy with an ERoEI value of 20+:1, nothing is even remotely close to this apart from oil. An example, the much loved 'tar sands' or 'shale', sorry with a ERoEI value of around 2:1 it's economically useless, much like everything we currently see, it does not scale.
Behave'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
My budget allows for a maximum of £15 a week for diesel (on a good week, £10 for all other weeks), guess it is back to hoping the car keeps going on fumes!
I have cut all non essential journeys out and the car is only used when it is really needed to be....fingers crossed the appointments are not too many or we could be having to cancel them!We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
I would like to know what thoughts people will have when fuel is around £1.80 a litre and oil at $200+ in aorund 2012, just in time for the blackouts that seem inevitable between 2013-2015. On another note, looking towards this future, I think it's perhaps a good time to take on a huge debt and buy a house.
Assuming I am still employed by then, zombies haven't taken over the streets, and my financial situation continues to improve, then I will be quite secure about it. I am hedging to offset future increases already, and will review monthly (probably in the upwards direction) to soften any peaks!Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
Do something amazing. GIVE BLOOD.0 -
Disagree Steve, economcs can not beat the second law of thermodynamics and our civilisation and population is based aorund energy with an ERoEI value of 20+:1, nothing is even remotely close to this apart from oil. .
What about wind
Currently (2006) the EROEI of wind energy in North America and Europe is about 20:1[2] which has driven its adoption.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
My fears are that the human race in it's current form and brain size has been around for half a million years, apart from a couple of blips with the Eygptians and the Romans, very little progress of any kind was made until we drilled for oil, and now everything is based on it, without it our civilsation would crumble into anarchy within months........... like I say interesting times lie ahead.
Surprised you omitted the industrial revolution mostly based on H2O and coal'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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