I rarely see mention of another reason for rising barrel prices, the falling U.S. dollar. Priced in dollars it makes sense that a dollar that has fallen as much as it did would cause a rise in oil prices. In some places that traditionally have had *much* higher fuel prices but still maintain a healthy economy thank you very much, the price of fuel has risen but only a fraction of what is has in dollars.

To bring it full circle, I heard that a station in the U.S. did their annual cheap gas sale. People were parked on the road for many hours for the chance of saving a few bucks over a few hours hours of driving. Silly but at ~.0.98/gallon I will call that the new price point. Therefore I'm not buying fuel until I find it for ~0.30/litre.

We can turn this into one of those threads that go on for endlessly over things like $2 cables from china. jeez.

And I'll bid $158.33 for that N800. Call me crazy or call me iNuts, but I just gotta have another one...

All this and stock pimping too!

Not that I mind a Texan promoting Canadian stock, it just rather unusual :-)

I don't see the dollar as a reason-- I think the two are tightly intertwined.

I've owned numerous Canuck stocks. Just added one from Mexico today, too. And I'm long on a certain Finnish phone internet company.

With the energy savings between running a PC 24 hours a day and running the N800 for a mere fraction of the electricity intake -- at $158, that device will PAY for itself in no time.

I'm no economics expert but I play one on the interweb. Being intertwined is the reason I see the price of goo going up as the dollar goes down. They jumped for joy in Canada when the C Loonie hit par with the U.S. peso but that rise had just as much to do with the drop in the dollar as it did with the different economies and what is still hot in Canuckistan.

And of course there is that little matter of a war for oil that isn't going nearly as well as planned. One of the posted links goes on about future oil wars. hum, isn't that already happening? The doom and gloom coming out of the so called media in the u.s. over gas prices is such nonsense. They ain't seen nothing yet. Oh yeah, there's that war thingy. get the boys and girls the fsck back home.

Turn off the pc, turn on the NIT, drive less. 'mo bits to the gallon.

This looks like a good addition to your portfolio:
http://cgi.ebay.com/ELECTRISITREE-Th...QQcmdZViewItem



EDIT: Looks like a bargain...

That was seriously random.

This one tells you how much energy tablet runs, http://www.internettablettalk.com/fo...ad.php?t=20117. All you need is to measure your PC energy then one knows how many barrel of oil one can save by converting. I think we ought to notify the national defense


bun

That blog seems to be contrasting a scarcity economy vs. an abundance economy. It seems rather light on the economy side; to me it seems like a lot of feel-good blather. The abundance notions are particularly light on economics; if treating "happiness and spirituality as the default state of being, and not just a medicine to temporarily dull the pain", for example, is what this abundance economy consists of, I think a supply-and-demand economy is more readily identified with the scarcity economy.

In my view, a traditional supply-and-demand economy is a scarcity economy; things have value because they are scarce. While it's true that the supply curve and the demand curve may have varying elasticity, that's a qualitative difference, and not one that justifies claiming it's a different type of economy.

And for the record:
My point was that "oil companies running up profits" was not bad; if they weren't making profits, they wouldn't be shipping gasoline, and I'd be buying a lot more shoes.

I didn't say (nor mean to imply) that the particular means that they have a history of making bigger profits by (collusion) is ok; that wasn't Anthony's claim.

FWIW, though, I'm a serious free-marketeer, and tend to oppose the sort of federal regulations and oversight you're discussing, but I've no great inclination to argue that here; my initial point was rather narrower, and I'll stick with that. Hence my non-respondence to vast chunks of this thread.