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Date:         Wed, 4 Jun 2008 12:01:57 -0500
Reply-To:     Jeff Lincoln <magikvw@GMAIL.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Jeff Lincoln <magikvw@GMAIL.COM>
Subject:      Re: Will be worth less or more?
Comments: To: Bernie <berniej@gmail.com>
In-Reply-To:  <2d5213e00806040936vaecc56ar1af8f7339a43dddf@mail.gmail.com>
Content-Type: text/plain; charset=ISO-8859-1

I think we've gotten a bit off topic here. There will always be both sides of the story - some say gas will come back down some say it will not.

On Wed, Jun 4, 2008 at 11:36 AM, Bernie <berniej@gmail.com> wrote:

> I keep reading 4 dollar gas is here to stay. I don't believe it. > > > > I don't believe 4 dollar gas is here to stay either because we are going to > 8 dollar a gallon gas and quicker than most would believe. As I indicated > before > Mexico's oil supply is drying up and they ship there last barrel in 2014. > The equation is very simple we are using 2 percent more oil every year and > finding less and what we do find is much smaller then the mature fields we > now have. China and India are just begining to demand a share of the pie. > As demand increases and supply slides the moves in oil price will become > more intense. The Alberta Tar Sands can't begin to make up the shortfall. > We will see oil at 225 dollars a barrel and we will be glad to get it. > I do believe at 10 dollar's a gallon then camping across the country > burning > fossil fuels in a vanagon may become a thing of the past. > As much as I love to be on the road in my westy it seems to me there is > a point at which you say this don't not make sense anymore even if I can > afford the gas. > Finally the new truck and suv sales are being hit but it's a little late in > the > game. > But as for the pipe dream that gas is going down from here don't hold your > breath. > When you look at every supply demand graph out there you ask one > simple question. > Tell me how and why it will move down. > At 30 dollars a barrel they said it would dip, at 60 it was not > sustainable, > at 100 dollars a barrel it's overpriced with specualtors, at 125 it's a > bubble. > In Europe they pay over 10 dollars a gallon but there drive small diesels > and > not SUV's. > Just my two cents. > > > Bernie > Vancouver >

-- Thanks,

Jeff '90 Carat (Grover) '86 (We call this one Parts) '78 Bus (Melissa) Patty's Bus


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