$98 per barrel oil

Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.

Our last fly-in guest at the hotel was almost two weeks ago... (And
we just had our 28th consecutive sell-out weekend, so business is
booming...)

:-(
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

The worst part is I dont see any end in sight.
"Jay Honeck" wrote in message
ups.com...
Well, boys and girls, here it comes. $4/gallon gas in America. This
will translate into $7/gallon avgas soon enough.

Our last fly-in guest at the hotel was almost two weeks ago... (And
we just had our 28th consecutive sell-out weekend, so business is
booming...)

:-(
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"aluckyguess" wrote in :

The worst part is I dont see any end in sight.

Of course there is an end in sight. The oil won't last forever and hat will
be an end to the problem of rising prices. The last barrel will be almost
priceless and the price will rise slowly and then exponentially until then.
Or it could become worthless grime when someone invents Mr Fusion.


Either way.

Bertie

Bertie the Bunyip wrote:

"aluckyguess" wrote in :

The worst part is I dont see any end in sight.

Of course there is an end in sight. The oil won't last forever and hat will
be an end to the problem of rising prices. The last barrel will be almost
priceless and the price will rise slowly and then exponentially until then.
Or it could become worthless grime when someone invents Mr Fusion.

Agree with you up to exponential. As costs rise demand will
eventually lower so that will slow it down a little. And the stuff
that is currently uneconomical to drill today will become economical
to drill at higher prices per barrel. But yeah sometime we do
completely run out - it just won't be sudden.

And Mr. Fusion is going to be a bitch to fit anyway. I just know the
plasma containment magnets aren't going to fit a O-320 engine mount.

(Mark) wrote in
:

Bertie the Bunyip wrote:

"aluckyguess" wrote in :

The worst part is I dont see any end in sight.

Of course there is an end in sight. The oil won't last forever and hat
will be an end to the problem of rising prices. The last barrel will
be almost priceless and the price will rise slowly and then
exponentially until then. Or it could become worthless grime when
someone invents Mr Fusion.

Agree with you up to exponential. As costs rise demand will
eventually lower so that will slow it down a little. And the stuff
that is currently uneconomical to drill today will become economical
to drill at higher prices per barrel. But yeah sometime we do
completely run out - it just won't be sudden.


depends. The exponential part will come sometime before the last gallon is
all that's left and it's simultaneously found to be a cure for cancer/an
aphrodisaiac/or the answer to life the universe and everything.

And Mr. Fusion is going to be a bitch to fit anyway. I just know the
plasma containment magnets aren't going to fit a O-320 engine mount.



's Ok. I'll knock one up for you.


Bertie

The worst part is I dont see any end in sight.

Yeah, it's pretty funny when the Left cries that we're "In Iraq only
for the cheap oil!"

Damn, if this is the "cheap" oil, imagine how bad it would be if we
hadn't taken out Saddam?

Oh, well. High gas prices should really help Light Sport sales, with
those tiny little engines sipping 4 gph...
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote in news:1194466141.514812.211060
@z9g2000hsf.googlegroups.com:

The worst part is I dont see any end in sight.

Yeah, it's pretty funny when the Left cries that we're "In Iraq only
for the cheap oil!"


Damn, if this is the "cheap" oil, imagine how bad it would be if we
hadn't taken out Saddam?


Wow, you're wasting your life as a hotelier and promoter of Playstation
flying. You should be in politics.


Oh, and BTW, when did Alan Greenspan join the left, Mr Strawman?





Bertie

Bertie you need to tell your doctor to increase the dosage.

kontiki wrote in news:1BpYi.20501$B25.15142
@news01.roc.ny:

Bertie you need to tell your doctor to increase the dosage.




Do I now?

what do you think I should tell the doc to prescribe, a little of Huxley's
Soma?

Bertie

Jay Honeck wrote in news:1194466141.514812.211060
@z9g2000hsf.googlegroups.com:

The worst part is I dont see any end in sight.

Yeah, it's pretty funny when the Left cries that we're "In Iraq only
for the cheap oil!"

Damn, if this is the "cheap" oil, imagine how bad it would be if we
hadn't taken out Saddam?

Oh, well. High gas prices should really help Light Sport sales, with
those tiny little engines sipping 4 gph...


Do you really think our role in Iraq currently holds any positive impact on
the price of oil?

The price of oil right now is driven totally by near-monopolistic supply
and demand curves. They raise the prices during holidays and higher usage
periods (like the first cold week of winter) to reap the most significant
profits, and then back off just enough so that no one is really inspired to
really convert everything to used wok oil.

If Saddam were still in power in Iraq, he would be getting Halliburton's
cut of the action. That's about the only difference I see.

If anything, the war in Iraq was one of the catalysts for the oil companies
to start this cycle... Between vengefulness, and a real (although probably
artificially inflated) shortage caused by all of the oil fires, OPEC raised
the price. The reaction they saw was a big profit increase, and a small
grumbling, but no other significant consequences.

I wish I could do the same with my products...