Oil prices just took their biggest nose dive in two years
#11
Re: Oil prices just took their biggest nose dive in two years
The global climate has not been stable for thousands of years. The Tang Dynasty was destroyed by climate change just over a thousand years ago and there were no unnatural emissions to blame for it. Climate change will occur regardless of human activities; it is the nature of the climate to change. Anyone that examines the known information concerning the planet's climate over the past four point six billion years knows that it will change and that the climate will range anywhere from freezing cold to scorching hot, regardless of human activities.
We have a thread regarding the demise of the Tang Dynasty as a result of climate change.
We have a thread regarding the demise of the Tang Dynasty as a result of climate change.
Last edited by Shining Arcanine; 01-04-2007 at 03:39 PM.
#12
Re: Oil prices just took their biggest nose dive in two years
The Tang Dynasty is pre-modern civilization that is very dependent on agriculture...anything affecting their agriculture besides climate change could have destroyed it.
What's scary is that even with our wonderful technological know how, a sudden climate change could change much of economic/policital/social order of modern civilization. The US (believe it or not) is dependent on world economy and social order. A severe enough shift that effects other parts of the world will have dire consequences for the US as well.
The fear is that human activily will cause this, in a much much faster timescale than even our modern world can handle adequately.
What's scary is that even with our wonderful technological know how, a sudden climate change could change much of economic/policital/social order of modern civilization. The US (believe it or not) is dependent on world economy and social order. A severe enough shift that effects other parts of the world will have dire consequences for the US as well.
The fear is that human activily will cause this, in a much much faster timescale than even our modern world can handle adequately.
#13
Re: Oil prices just took their biggest nose dive in two years
Don't count on oil prices falling much further.
Opec is willing and able to throttle back production, which will keep oil prices from going lower, and will in fact raise them.
Also, note that oil supplies in the US are down, not up. This latest drop is a result of warm weather in the NE, where lots of oil is used for heating. Unusually warm weather is doing more to commodities traders, causing them to drop the price of oil. That is an artificial, fleeting response, and will soon disappear.
Oil will do nothing but go up in the long run.
Harry
Opec is willing and able to throttle back production, which will keep oil prices from going lower, and will in fact raise them.
Also, note that oil supplies in the US are down, not up. This latest drop is a result of warm weather in the NE, where lots of oil is used for heating. Unusually warm weather is doing more to commodities traders, causing them to drop the price of oil. That is an artificial, fleeting response, and will soon disappear.
Oil will do nothing but go up in the long run.
Harry
#14
Re: Oil prices just took their biggest nose dive in two years
The Tang Dynasty is pre-modern civilization that is very dependent on agriculture...anything affecting their agriculture besides climate change could have destroyed it.
What's scary is that even with our wonderful technological know how, a sudden climate change could change much of economic/policital/social order of modern civilization. The US (believe it or not) is dependent on world economy and social order. A severe enough shift that effects other parts of the world will have dire consequences for the US as well.
The fear is that human activily will cause this, in a much much faster timescale than even our modern world can handle adequately.
What's scary is that even with our wonderful technological know how, a sudden climate change could change much of economic/policital/social order of modern civilization. The US (believe it or not) is dependent on world economy and social order. A severe enough shift that effects other parts of the world will have dire consequences for the US as well.
The fear is that human activily will cause this, in a much much faster timescale than even our modern world can handle adequately.
Don't count on oil prices falling much further.
Opec is willing and able to throttle back production, which will keep oil prices from going lower, and will in fact raise them.
Also, note that oil supplies in the US are down, not up. This latest drop is a result of warm weather in the NE, where lots of oil is used for heating. Unusually warm weather is doing more to commodities traders, causing them to drop the price of oil. That is an artificial, fleeting response, and will soon disappear.
Oil will do nothing but go up in the long run.
Harry
Opec is willing and able to throttle back production, which will keep oil prices from going lower, and will in fact raise them.
Also, note that oil supplies in the US are down, not up. This latest drop is a result of warm weather in the NE, where lots of oil is used for heating. Unusually warm weather is doing more to commodities traders, causing them to drop the price of oil. That is an artificial, fleeting response, and will soon disappear.
Oil will do nothing but go up in the long run.
Harry
So the main question of whether or not oil prices will go up or down is not whether or not OPEC will cut production, but whether or not OPEC's members have integrity.
#15
Re: Oil prices just took their biggest nose dive in two years
we have released copious amounts of carbon dioxide that was previously sequestered. We currently have CO2 levels higher than have been seen since man walked the earth. We are going to see a rise several orders of magnitude in our life time if nothing is done.
oil prices need to go up. There is no room or fortitude in the current system to address the global issues being caused by oil. Everything from destabilization of governments to the tampering of the very atmosphere, ocean and water we rely on to survive.
I just want to see a fair representation of the actual costs associated with releasing previously sequestered carbon dioxide.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
oil prices need to go up. There is no room or fortitude in the current system to address the global issues being caused by oil. Everything from destabilization of governments to the tampering of the very atmosphere, ocean and water we rely on to survive.
I just want to see a fair representation of the actual costs associated with releasing previously sequestered carbon dioxide.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
#16
Re: Oil prices just took their biggest nose dive in two years
oil prices need to go up. There is no room or fortitude in the current system to address the global issues being caused by oil. Everything from destabilization of governments to the tampering of the very atmosphere, ocean and water we rely on to survive.
I just want to see a fair representation of the actual costs associated with releasing previously sequestered carbon dioxide.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
I just want to see a fair representation of the actual costs associated with releasing previously sequestered carbon dioxide.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
If you are to avoid this fate that you place upon yourself, you must do the following:
- Be considerate of the economy and stop trying to raise oil prices
- Consider the standard of living and ensure that all of your efforts improve it
- Acknowledge that climate change will occur regardless of human activities
#17
Re: Oil prices just took their biggest nose dive in two years
ok back to the topic...somewhat...
The cartel really is a nomopoly...it not even a fair market game there anymore. We are so hooked on oil, and they are so powerful, there's no way to curb oil use without doing major dammage to our economy (the world's economy for that matter). But there is a way to ween ourselves from it, and as twuelfing sugests, can also be used to fund the weening.
If you let the cartel dictate prices, they'll keep us up hooked until their well runs dry.
The cartel really is a nomopoly...it not even a fair market game there anymore. We are so hooked on oil, and they are so powerful, there's no way to curb oil use without doing major dammage to our economy (the world's economy for that matter). But there is a way to ween ourselves from it, and as twuelfing sugests, can also be used to fund the weening.
If you let the cartel dictate prices, they'll keep us up hooked until their well runs dry.
#18
Re: Oil prices just took their biggest nose dive in two years
Originally Posted by twuelfing
I just want to see a fair representation of the actual costs associated with releasing previously sequestered carbon dioxide.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
Lets adopt Kyoto, address the inadequacies of the CAFE standards and impose tarrifs and taxes to stimulate alternatives.
Apparently this rather warm east coast winter has been beneficial to people trying to warm their house, or sleep on the street, and has dropped the price of gasoline for everyone.
#19
Re: Oil prices just took their biggest nose dive in two years
ok back to the topic...somewhat...
The cartel really is a nomopoly...it not even a fair market game there anymore. We are so hooked on oil, and they are so powerful, there's no way to curb oil use without doing major dammage to our economy (the world's economy for that matter). But there is a way to ween ourselves from it, and as twuelfing sugests, can also be used to fund the weening.
If you let the cartel dictate prices, they'll keep us up hooked until their well runs dry.
The cartel really is a nomopoly...it not even a fair market game there anymore. We are so hooked on oil, and they are so powerful, there's no way to curb oil use without doing major dammage to our economy (the world's economy for that matter). But there is a way to ween ourselves from it, and as twuelfing sugests, can also be used to fund the weening.
If you let the cartel dictate prices, they'll keep us up hooked until their well runs dry.
As for curbing oil usage without damaging the economy, I believe that I posted a gasoline guzzler tax suggestion that would accomplish just that earlier in this thread.
#20
Re: Oil prices just took their biggest nose dive in two years
As for curbing oil usage without damaging the economy, I believe that I posted a gasoline guzzler tax suggestion that would accomplish just that earlier in this thread.
Harry