We all need to take the long and hard look at what our lives will be like under $10 gasoline and make changes now. As pilots we all have a lot hanging on the availability and cost of fuel. Perhaps it is time to start looking at other career fields? Railroad engineer or Greyhound bus driver perhaps?
Skyhigh
Trains and busses run on diesel! Check those prices lately?
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Trains and busses run on diesel! Check those prices lately?
I read that a train can move a ton of cargo 200 miles on a single gallon of diesel. I do not have any firm numbers on what a bus can do but I am sure that it is better than a car or plane.
SkyHigh
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Lawmakers should look seriously now at a major project to get renewable energy established in this country. We are behind other advanced nations already in this regard. I don't fault lawmakers for putting off renewable energy while times were ripe for cheap oil, but the end of that is now in sight if not here and evidence is stacking up that oil is going to get rapidly more expensive with no going back to the lower prices ever again. It looks to me that it is now the time to invest a ton of taxpayer money into renewable energy with bated breath as to whether there will be problems for waiting this long to do it.
I read that a train can move a ton of cargo 200 miles on a single gallon of diesel. I do not have any firm numbers on what a bus can do but I am sure that it is better than a car or plane.
SkyHigh
If that is true, then it is after it is moving, so it is using it's momentum to travel. How much do you think it actually takes to get going?
I said yesterday that we should all start to become familiar with the concept of peak oil. There a few websites that have pretty good information. I found this one pretty helpful. http://www.omninerd.com/articles/What_You_Need_to_Know_about_Peak_Oil
Unfortunately you'll find a lot of wackjobs out there promoting doom and gloom porn, but the basic argument actually is quite salient. Whether we are at the production peak, or just getting very close, the effects are certainly starting to be felt.
Drilling domestically, while a great idea, isn't going to cut it. ANWR should be opened up, no reason not to, same thing with the outer continental shelf, but these need to be put into perspective. Someone said yesterday that these would at most put a million bbl per day back on the market. I've heard lower, but lets go with that. Domestically we produce about 5 million barrels per day, and it declines every year because of old oil fields. Even discounting declines, we would at most produce 6 million bbls per day. We consume close to 21 million... see where the problem is, We are hostages to our own consumption.
As a result of that, we rely on other nations exports. Think Canada, Mexico, Valenzuela, Russia, and Saudis. With oil north of $100/bbl these nations are receiving a huge windfall in revenue, which, depending on how stable they are, is going directly into their economies. That causes their economies to grow, which causes them to increase domestic oil consumption which interns leaves less to export to nations like us, which according to supply and demand, causes oil to go up further. ‘Peak exports’ is what some like to call it. Look up export land model, better description than mine.
These are the facts, everything else is just noise. If you DONT have a plan do deal with $10 gas, you'd better make one fast. And if your airline doesnt have one to deal with $200-$300 oil you might want to think about future employers...
......... And if your airline doesnt have one to deal with $200-$300 oil you might want to think about future employers...
NO airline can operate with oil at that price. Tickets would become cost prohibitive to anyone who is not wealthy. It already runs around $150 or so per pax in just fuel from LAX to NY in a B737. Add taxes, surcharges, etc. and their is so little room for profit it's not even funny. Oh well, at least the oil company's are making a meager "10% profit" at our expense.
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