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107 comments on a linear extrapolation of oil consumption by demand growth, production growth, and demand elasticity

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Gets IT on January 22, 2006 - 7:10pm Permalink | Subthread | Parent | Comments top
Amazing right Levin?  When I was living in Houston, Tx, I ALWAYS drove MINIMUM 30,000 miles/year as long as I could find the gasoline.  The OPEC 1976 crisis was the only thing that ever slowed that down. Couldn't get it for several days at a time and 4-5 hour wait in line.  If I could fill the tank, I was movin' that Jeep 4WD Pickup and pulling a boat 175 miles 1-way each weekend to the fishin' hole.  Most expensive fish I ever caught.  I think they came in at about $40/lb when I caught fish.  Sometimes that fish price hit infinity.  Now, I live within 1km of the ocean, drive around 12,000 Kilometers each year.  Price of gas got higher, price of fish went down, but now I can work and fish every day.  No complaints here.
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LevinK on January 22, 2006 - 9:13pm Permalink | Subthread | Parent | Comments top
Yeap that's what I'm talking about... nothing would change us do what we do unless we get it 2x4 right in the eyes. Luckily it is soon due to come.
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