spridgets
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Re: Hey U.K. folks

To: Dave Carpenter <d.carpenter7@verizon.net>
Subject: Re: Hey U.K. folks
Date: Sat, 22 May 2004 23:58:08 -0400
Cc: spridgets <spridgets@autox.team.net>
References: <40AFE133.5010009@verizon.net> from [141.150.134.87] at Sat, 22 May 2004 22:59:22 -0500
User-agent: KMail/1.6
On Saturday 22 May 2004 07:24 pm, Dave Carpenter wrote:

> Has the price in the UK or other countries risen at the same rate as
> ours has recently or has it been semi stable?

Law of supply and demand would state that it has gone up by the same absolute 
cost.  What are you seeing in the UK?
>
> The only diesel car you can buy in the US is the VW Golf. Probably less
> than 2% US diesel autos. What percent of European vehicles are diesel?

What I have seen in Europe is plenty of small turbo diesels.  The taxi's in 
some countries are turbo diesel Mercedes and there is not a power anything 
the car.  They have manual everything, windows, seats, etc.

> One last question in general, if the price of crude has gone up so much
> lately and the gas is rising in response to that, how come a quart of
> oil can still be less than a $1 on sale?

Not sure, any economist have an answer.


National Geographic has an article this month called "The end of cheap oil"  
http://magma.nationalgeographic.com/ngm/0406/feature5/index.html
It is an interesting read and if you agree, things will be changing soon.

"The flood of crude from fields around the world will ultimately top out,       
                
then dwindle. It could be 5 years from now or 30: No one knows for sure, and 
geologists and economists are embroiled in debate about just when the "oil 
peak" will be upon us. But few doubt that it is coming. "In our lifetime," 
says economist Robert K. Kaufmann of Boston University, who is 46, "we will 
have to deal with a peak in the supply of cheap oil."  [ National Geographic,  
June 2004]


I guess the bottom line is will have to suck up the higher cost of energy 
until we find a substitute for oil.

___________
Bill Gilroy
77 MG Midget






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