Thread: $262/barrel Oil
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Old 01-31-2006   #30
Black97civic
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Re: $262/barrel Oil

Quote:
Originally Posted by GSTauni
I doubt this could ever happen. I think the most it could ever get to is about $5 and I still doubt it would last that was for long. Once you start charging that much no one is going want to pay for it and they are going to have lower the prices again or my guess is they will lose an ass load of money.
You think enough people could quit driving cars that they would be able to lower the demand enough to control oil prices?? We are so dependant on oil, I have a feeling they could do just about anything they want, if they charge 4 times as much, they only need 1/4 of the customers. How do you think goods will get shipped around the country, and other things that need oil that aren't optional.

Sadly enough, until we figure out how to make hydrogen powered cars with hydrogen produced by nuclear powered electrolysis, we are going to be way to dependent on fossil fuels to do anyhting about it if the shit hits the fan.
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