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$97/barrel

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Old 11-06-07, 05:37 PM
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$97/barrel

So, crude oil set a new record price. I wonder if this is going to increase the cycling population. At all.
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Old 11-06-07, 05:42 PM
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Ot!
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Old 11-06-07, 05:43 PM
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Also, around when the core price of a barrel of oil reaches $100 (meaning that the price fluctuates around 100 consistently, rather than just reaching it sometimes), it will begin to be profitable to convert coal into gasoline. Peak oil does not exist for this reason, unfortunately.
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Old 11-06-07, 05:57 PM
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reminder kiddies, when the price of oil goes up also so does the prices of synthetic materials that are made from oil, such as synthetic rubber, tire prices will probably increase a slight amount in relation.
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Old 11-06-07, 06:12 PM
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Yeah!
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Originally Posted by CardiacKid
I explained that he could never pay me enough cash for the amount of work I had put into that bike and the only way to compensate me for it was to ride the hell out of it.
IRO Angus Casati Gold Line
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Old 11-06-07, 06:12 PM
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Oil shale extraction becomes profitable at around $95/barrel, and fortunately enough 3 trillion barrels worth of it (60% of world supply) is buried under Colorado.
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Old 11-06-07, 06:20 PM
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I changed the front motor mount on my car tonight.

Gonna go drivin' later. WOO!
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Old 11-06-07, 06:20 PM
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Originally Posted by Nouia
Oil shale extraction becomes profitable at around $95/barrel, and fortunately enough 3 trillion barrels worth of it (60% of world supply) is buried under Colorado.
I heard the canucks have lots of that, too.

To metricoclock: as far as I know, tyre thread and sidewalls could be made of 100% natural rubber. Yes, bicycle tyres would be more expensive, too, but compared to cars, bikes seem stil cheaper. Cars have most all the disposable types of parts as bikes + gas consumption.

Last edited by wroomwroomoops; 11-06-07 at 06:25 PM.
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Old 11-06-07, 06:21 PM
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Originally Posted by Nouia
Oil shale extraction becomes profitable at around $95/barrel, and fortunately enough 3 trillion barrels worth of it (60% of world supply) is buried under Colorado.
Tar sands in Canada too.

I just filled my heating oil tank. $636.39 for 230 gallons
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Old 11-06-07, 06:21 PM
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Originally Posted by wroomwroomoops
I heard the canucks have lots of that, too.
The Alberta area right?
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Old 11-06-07, 06:35 PM
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Originally Posted by DDYTDY
Tar sands in Canada too.

I just filled my heating oil tank. $636.39 for 230 gallons
How long does that last you?
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Old 11-06-07, 06:39 PM
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Screw oil shale. I want an alcoholic car.
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Old 11-06-07, 06:42 PM
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Originally Posted by knucks
How long does that last you?
Its pretty warm for fall now so it should last a while. In the real winter I fill up about every two weeks.

Thats a lot of bike bits!
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Old 11-06-07, 06:56 PM
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it's still cheap considering how much energy is in just one gallon
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Old 11-06-07, 06:58 PM
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Originally Posted by maddyfish
The Alberta area right?
I had an "online-friend" at a different forum who works in Alberta on those operations, apparently it really ****s the land (not that it's surprising).
 
Old 11-06-07, 07:06 PM
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Originally Posted by okpik
it's still cheap considering how much energy is in just one gallon
yeah, I know but it still hurts more then last year....... sniff...
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Old 11-06-07, 07:13 PM
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Originally Posted by DDYTDY
Tar sands in Canada too.

I just filled my heating oil tank. $636.39 for 230 gallons

A lot of bike people get all wet over the high price of gas. They don't even think about the other costs. My winter fuel bill has tripled in eight years, not to mention electric(Which has not gone up near as much but still runs about a 20% increase). Since I fix bikes for a livng my income has not tripled, nor has it gone up at all in the past three years. Fortunately I enjoy ramen noodles.
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Old 11-06-07, 07:18 PM
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I drive a small SUV so I'm cool...
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Old 11-06-07, 07:36 PM
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Originally Posted by Metricoclock
reminder kiddies, when the price of oil goes up also so does the prices of synthetic materials that are made from oil, such as synthetic rubber, tire prices will probably increase a slight amount in relation.
This is the real reason I started riding fixed gear, I mean seriously $5-10 buck for brake pads?? WTF?
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Old 11-06-07, 08:00 PM
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Oil won't match 1981 prices until it hits $98/barrel.
Even then, oil cost twice as great a percentage of household income in 1981 as it does today.

I see no fewer SUV's and macho-image pickup trucks today, because of higher gas prices, than I did before.

As for alcohol as a fuel, it costs us much more environmentally than does oil.

No, if we want to promote bicycle riding, we need to find something more persuasive than the price of oil.
The price of oil doesn't have the effect we'd like it to have.

I tell people if they'd ride a bike for two weeks, they'd never get back in a car, and I mean it.

I wish I could hold up some sort of spiritual and mental-health mirror in which SUV drivers could see themselves.
I think they'd stop driving out of sheer embarrassment.
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Old 11-06-07, 08:13 PM
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not to mention the USD is WORTHLESS right now.
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Old 11-06-07, 08:17 PM
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Originally Posted by beatifik
not to mention the USD is WORTHLESS right now.
only outside of america
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Old 11-06-07, 08:54 PM
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global warming is serious ****, and will end the natural world as we know it. it will probably be the driver that makes human civilization crash from its peak, which is probably now. expensive oil is a good thing, if it makes people use less. the key is using less and eventually none.
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Old 11-06-07, 09:27 PM
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Originally Posted by Ken Cox
As for alcohol as a fuel, it costs us much more environmentally than does oil.
I dare you to back that statement up...
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Old 11-06-07, 09:35 PM
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Originally Posted by Mos6502
I dare you to back that statement up...
alchohol from brazilian sugar cane is more efficient than gasoline. if you do your research, the energy used to fertilize the crop, harvest the crop, feed and house the workers, extract the ethanol and transport it to market will leave you with slightly lower greenhouse gas emission than a similar lifecycle analysis for petroleum gasoline.

this is NOT the case for ethanol made from corn in the US, because corn is a less efficient photosynthesizer (by like a factor of 8 or 9 or something), and because american agribusiness is less energy efficient.

for the brazilian sugar ethanol, if you add in the emission from cutting down the amazon to plant the cane, it begins to lose again. same goes for biodiesel from oil palm in indonesia or malaysia.

there are no silver bullets or cheap solutions for saving the planet from out-of-control global heating.
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