are the high gas prices effecting the way you live?

[brwill2005]

For any of you who wonder where the high gas prices are coming from, National Geographic has an excellent article on the topic. A general summary is that demand is rising by 1.5 percent each year. The major large oil fields, mostly located in the Middle East, have reached their production peak. What is left is found in small un-discovered oil fields and other areas like the tar sands in Canada. It is much more expensive to find and extract the oil from these types sources. The only real solution is for oil hungry nations like the U.S. must substantially reduce demand for oil.

[BigAl3]

Originally Posted by AL-53

news article said thrift stores and dollar stores are booming now

ain't that the truth, the dollar tree and 99 cent only stores are always packed around my neck of the woods...

[sevenrd]

Originally Posted by brwill2005

For any of you who wonder where the high gas prices are coming from, National Geographic has an excellent article on the topic. A general summary is that demand is rising by 1.5 percent each year. The major large oil fields, mostly located in the Middle East, have reached their production peak. What is left is found in small un-discovered oil fields and other areas like the tar sands in Canada. It is much more expensive to find and extract the oil from these types sources. The only real solution is for oil hungry nations like the U.S. must substantially reduce demand for oil.

This one? World Oil - National Geographic Magazine

BTW, I couldn't agree more. The cheap, easily accessible oil is dwindling. There are no alternatives to make up for a gap in decline of traditional crude. It's not about running out of oil, it's about flow rate.

To make things worse for the U.S., we depend on imports for nearly 70% of our oil consumption. And those imports are getting fewer and fewer as the exporting countries begin to decline. Our imports from Mexico and Venezuela have been
declining for the past two years and are continuing this year, at an increased rate of decline each year.

[jetset4me]

Europe has free medical care. That's why the gas is that high. It subsidizes the cost of medical care. FYI I recently spend 1 hour in the emergency room and the bill was almost $7000. That buys a lot of gas.

[Dave KG]

Originally Posted by jetset4me

Europe has free medical care. That's why the gas is that high. It subsidizes the cost of medical care. FYI I recently spend 1 hour in the emergency room and the bill was almost $7000. That buys a lot of gas.

Not all of Europe has free medical care. In Britain we do, the NHS - a lot of people go private though, for a variety of reasons, mostly centerring on failings of the NHS.

Its as near as dam it $10 a US gallon for me, and it does affect the amount of travelling I now do - less detailing meets, and driving is a sedate affair, keeping the turbo off boost. I'm glad I own a diesel, thats for sure, as 45+mpg from an S60 makes it quite gentle on the wallet comparibly.