$20 a Gallon

July 18, 2006 / by fixed845inc

I just caught a snippet of an interview on TV with a former CIA operative who thinks that the day will soon come when warring countries in the middle east start to concentrate on destroying each others oil rigs, holding tanks and pipelines. The supply disruption will lead to such severe shortages that gas prices of $20 a gallon will come to pass.

He goes on to predict that this will lead to a widespread depression.

I want to believe he is wrong. I want to believe that the people directly involved could not be that stupid. I want to believe that if people in authority see an imminant train wreck, someone will have the good judgment to step on the breaks.

Or, is the unfolding of historical calamity once underway, something that is inevitable?

There have been many instances in the past when statesmen have found ways to prevent catastrophies. But over the most recent few years the bulk of those instances have taken place on "The West Wing", a TV show.

10 comments on $20 a Gallon

  • Slywoody3 said 2 years ago
    At $5 per gallon shale oil becomes feasible. There is enough under British Columbia to keep us going 100 years.
  • fixed845inc said 2 years ago
    Excellent point! The market will once again rise to the occassion. It better, because it's for certain that the politicians will not.
  • jondude said 2 years ago
    We've supported the internal combustion engine crowd far too long with our low fuel prices. In Germany you can't buy a gallon for five times what we pay. In Brazil most cars run on alcohol-based fuels. Time to grow up and lose the gas-sucking toys.
  • fixed845inc said 2 years ago
    Yeah. It's just that the transitions are so painful and extended in time.
  • 80hanginginthere said 2 years ago
    I don't believe for a moment gas will be $20. a gallon. we have oil all over america, in illinois people have pumps in their backyards, all they have to do is to spend money in usa. and get going a least they would flood or bust the pipe lines in little usa. like the ones in iraq etc.
    spend those bucks to drill in new places, fat cats just want to get fatter, just plain greed.
    you can have them i don't envy any rich guys,as long as we can survive and keep going live each day with a smile and love of god. who cares or worries about future one day at a time.
  • fixed845inc said 2 years ago
    80hanginginthere

    I like your attitude. Worrying about the long term future doesn't accomplish much.
  • kevinhere said 2 years ago
    i've been running on lpg gas for 15years now plenty of that around and its 2 to 3 times cheaper that petrol,at this time new cars are not fitted for lpg[SAD]
  • fixed845inc said 2 years ago
    kevinhere

    Is it generally available at gas stations? Eventually, I suspect those new cars will have to be retrofitted.
  • kevinhere said 2 years ago
    petrol in adelaide is today $1.45 a litre---- about 4.5 litres to a gallon
    lpg gas is 53 cents and yes all service stations have it available
    $1aus =------$0.75 us[THUMBUP]
  • fixed845inc said 2 years ago
    That explains things clearly. Thanks.

    I love to drive on the open road but hate traffic. We bought a crossover vehicle, a Honda CR_V in 2004. It provides ample storage space for our travel gear and dump runs, After my previous Camry I particularly like the high road clearance and the mileage isn't too bad at 27-30.

    We go frequently to Florida where because of the heavy rains their curb lines are high next to the runoff trenches in the street. All too often the Camry used to scrape bottom. You know how grating that can be. [ROLLEYES]

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