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5 dollar gas...are we ready?

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Re: 5 dollar gas...are we ready?

You mean going back to living in caves?
Yes, there are no alternatives other than living in caves or being dependent on fossil fuels for all our energy and transportation needs.
 
Re: 5 dollar gas...are we ready?

Anyway to the topic at hand, Chicagoland is #1 in the nation for gas prices, with most outer ring suburbs asking $4.39 a gallon. It's $4.77+ in the city.

At those prices, I'm surprised people haven't gotten all 99 percent-y.
 
Re: 5 dollar gas...are we ready?

You either have to ship the crude or you have to ship the refined product. In both cases, pipelines are the most efficient method of transport.

What's the difference, though? I'm genuinely curious.

I would think that oil sands would be more corrosive - or at least more abrasive. I'd think that an accident would be more likely, though I wouldn't hazard a guess as to the absolute likelihood. Refined gas might have a lower hazard rate, but potentially bigger hazard?

I'd be inclined to let market forces work and let the oil companies decide. By which I mean that any expenses occurred by federal, state, and local agencies, as well as individual citizens, would be passed on the owner/user of the pipeline - with zero burden to taxpayers. That would give the owner of the pipeline a pretty good incentive to accurately weigh risks of refinery siting, as well as plotting the specific course of the pipeline.
 
Re: 5 dollar gas...are we ready?

At those prices, I'm surprised people haven't gotten all 99 percent-y.
I'm a little surprised too, but I haven't noticed any immediate changes to traffic (granted I'm in the far west Suburbs).

It's quite shocking to see even the remote central and southern areas of Illinois lit up in dark crimson on GasBuddy.com's heat map.


*edit* I have a feeling that Chicagoland will break $5.00 before LA or New York.
 
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Re: 5 dollar gas...are we ready?

I'm a little surprised too, but I haven't noticed any immediate changes to traffic (granted I'm in the far west Suburbs).

It's quite shocking to see even the remote central and southern areas of Illinois lit up in dark crimson on GasBuddy.com's heat map.


*edit* I have a feeling that Chicagoland will break $5.00 before LA or New York.

They're too late with NYC, as I've seen some $5 reports there. Granted I think it went down to where it is now, but nevertheless...
 
Re: 5 dollar gas...are we ready?

What's the difference, though? I'm genuinely curious.

I would think that oil sands would be more corrosive - or at least more abrasive. I'd think that an accident would be more likely, though I wouldn't hazard a guess as to the absolute likelihood. Refined gas might have a lower hazard rate, but potentially bigger hazard?

I'd be inclined to let market forces work and let the oil companies decide. By which I mean that any expenses occurred by federal, state, and local agencies, as well as individual citizens, would be passed on the owner/user of the pipeline - with zero burden to taxpayers. That would give the owner of the pipeline a pretty good incentive to accurately weigh risks of refinery siting, as well as plotting the specific course of the pipeline.

My $0.02:
It's more expensive to pump oil than it is to pump gas. HOWEVER, since is used to produce so many chemicals, it's cheaper to run one big line than dozens of smaller lines.
 
Re: 5 dollar gas...are we ready?

Who said they even have to go through Nebraska? Why not give some jobs to the people in Idaho, Montana, and North Dakota by building refineries there? I mean, there's a refinery just outside Buffalo, so I highly doubt that the weather has anything to do with it.
People in North Dakota don't need more jobs. There are already many more jobs than people up there as it is.
 
Re: 5 dollar gas...are we ready?

Gas is hovering close to $4/gallon here in West Michigan.

I drive a 2010 Honda Insight Hybrid and my current tank of gas--there's about 1/3 to a 1/4 tank remaining--is averaging about 53 mpg.

After 32 months, I bought the car in '09, I'm averaging a little over 46 mpg.

Since I drive 65 miles round trip everyday except Sunday, I wanted a car that conserved fuel.

Still, it hurts to pay $37.00 on 9.5 gallons of gas, which was my last fill up.
 
Re: 5 dollar gas...are we ready?

bingaman-gas-2.jpg
 
Re: 5 dollar gas...are we ready?

That's what I meant earlier. Gas jumped again for me in the far west suburbs to 4.55 overnight.
 
Re: 5 dollar gas...are we ready?

Yes, there are no alternatives other than living in caves or being dependent on fossil fuels for all our energy and transportation needs.

This made me think of this Smithsonian Magazine article. Of course, it does not factor in an changing global environment/climate and probably does not factor in major conflicts that may occur. Interesting reading, anyhow. I'm sure there are instant detractors and there are those who might consider it possible... but ya gotta read that one simple and short webpage first. :D

http://www.smithsonianmag.com/science-nature/Looking-Back-on-the-Limits-of-Growth.html
 
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