Homestead mailing list

[Don Bowen KI6DIU <don.bowen AT earthlink.net>]

At 9/20/2007, you wrote:
> > The next few months may be interesting times.
>
>
> That's being positive for you. I'm concerned about the next few+ years. What
> will gas cost, if they can get it? I wonder if my kids will be able to
> afford to drive to the beach several hours away for an annual trip.

I am referring to the economy.  The economy has a much shorter horizon that 
some of the other problems and no matter what happens, more than likely we 
will pull out of it in at most a few years.

Peak oil and climate change on the other hand have much longer event 
horizons.  Figure that every $10 increase in crude oil prices translate 
into $.25 at the pump.  We could easily be looking at $100 oil in the next 
year of so, can your budget handle $4.50 oil?  Mine cannot.

I can say with certainty that you will always be able to buy gasoline.  We 
will not run out of oil, it will just get extremely expensive.  If gasoline 
were $10 could you afford it?  It may take a few years b ut that is where 
we are heading.


Don Bowen              Awl Knotted Up                       KI6DIU
http://www.braingarage.com