<Hurricane Dean Update and Resource Aggregation Post The Oil Drum The Economics of Oil, Part I: Supply and Demand Curves>

62 comments on The Economics of Oil, Part I: Supply and Demand Curves (Detached Comment Thread)

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alanisthename on August 19, 2007 - 5:54am Permalink | Subthread | Parent | Comments top

I was around then. I remember a Time magazine in 1973 with pictures of long queues at gas stations in the US. Drivers emptied the gas stations in a couple of days. This has stayed with me to this day, and I make sure our gas tank is filled at the first sign of trouble. My advice - fill your tank and keep it filled because that's what everybody else will try to do. Get in first.

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Starvid on August 19, 2007 - 6:13am Permalink | Subthread | Parent | Comments top

Well I would, if I had a tank.

But I drive electric.


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alanisthename on August 19, 2007 - 7:00am Permalink | Subthread | Parent | Comments top

Smart move. I tried out a Vectrix electric scooter in London recently when they were demonstrating them. It was a bit pricey but a perfectly good replacement for a conventional oil burner.

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elwoodelmore on August 19, 2007 - 7:02am Permalink | Subthread | Parent | Comments top

keeping your tank full may be a good policy, but is sure as hell doesnt change the supply or demand. how long will that last tank "fix" maintain the addiction ?

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marcosdumay on August 19, 2007 - 10:21am Permalink | Subthread | Parent | Comments top

For me, enough to escape from my city and come back later.

I've not decided yet if I am a dommer or a cornocupian :) But it is always good to have an escape route.

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62 comments on The Economics of Oil, Part I: Supply and Demand Curves (Detached Comment Thread)

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