Jay Honeck schrieb:
Move the pain up sooner? Leave the oil in the ground and force the
collapse to happen sooner?
you'll die without oil?

I don't think you've thought this all the way through, Martin. The affect
on the world economy of $100/barrel oil prices is staggering. The recent
run-up in gas prices alone has thrown the U.S. into a major (if
media-enhanced) recession.

your current economic situation is not (only) due to the current oil
price. We have the same oil price, thoug, we have some advantages
because of the weak dollar.

Trillions of dollars that were being spent on, oh, say, *food*, is now being
spent on oil. The economy can't make that up instantly or fully,
translating into terrible hardship for common folks.

An example close to home: Our employees have been hit terribly hard by the
decades-old decision to not develop our domestic oil reserves.

What will you do with your reserves? You'll move a problem to a later
time (when the reserves are consumed).

Housekeepers, desk staff, and other entry-level jobs don't pay exceptionally
well in the best of times, and no one has received a raise to "make up" for
the sudden doubling of energy costs. EVERYTHING -- gasoline, heat, air
conditioning, (and, thus, rent, food, clothes, etc.) -- has gone up in cost
dramatically, causing them extreme hardship.

well, maybe your heat.
My costs haven't doubles. This winter we had heating costs of about
300EUR. For a house with 2 families and 1 single person, alltogether
maybe 250m2 (please do your own conversion into your odd values *g*).

Unfortunately, there is no way for me to raise their pay to match, because
no one is willing to pay more for a hotel room during an economic downturn.
As business drops, there is LESS money with which to pay employees, and the
downward spiral can really get wound up tightly.

recession.

And it's only just begun. Thanks to the short-sighted policies of people
who put the well-being of polar bears ahead of people, we haven't developed
our Alaskan oil reserves. Thanks to the short-sighted policies of people
who fear marring the beauty of the Rocky Mountains (as if we *could*), we
have not developed our Colorado oil reserves. And the Canadian oil shale
reserves. And the off-shore reserves.

and what will you do after that?

The list goes on and on. My father was in the energy business his whole
life, and predicted this exact scenario almost 40 years ago. He called it
the "environmentalist's energy crisis", and -- although he predicted the
collapse for the year 2000 -- he was only off by a decade or so.

I'd call it stupidity. Sorry.

You may wish to ponder this, Martin. You're well protected from a backlash,
sitting in Austria, but at some point people around the world -- stupid,

do you think that we here receive our oil from our government? or that
we fill our tanks and the government picks up the tab?

slow, and easily kept in the dark for short periods -- are going to wake up
to the fact that their economic hard times are due to people who think like
*you*.

well, I believe that I am doing OK. One of the next things (in a few
years) will be throwing out the oil out of the house and heat with wood,
combined with producing energy, this will make the house about 50%
independent of electricity prices (not calculating some ecologic values)
and 100% idenpendent of oil prices. By mid of this year I will buy a new
car powered with natural gas and save about 30 to 50% money per
kilometer. Solar power right now is too expensive, heating water with
solar is a working alternative, but it won't be a practical idea for the
house.

#m