135.9 - JESUS WEPT !!!!

[Gosling1]

and diesel is even more expensive again !!! Omigawd !!!

Did someone say $1.12 in Qld ?? I remember those days ( I think it was last Wednesday week )

adios
ShopADocketDave

[NovaCoder]

Interesting article bbc

[Gosling1]

that was an interesting article. I only know 2 people who have the luxury of living so close to their work, that they can actually walk there !! the % of people living in cities today who could do this would be under .001% I would imagine.

Fast forward to 20 years time: ( ie within all our lifetimes....) - 2025 AD

1. Fuel is now rationed, and costs $20 per litre;

2. Individuals are limited to 1 purchase per month, maximum of 50 litres per purchase;

3. Families are banned from owning more than 1 vehicle;

4. V8's have been banned for the previous 5 years;

5. 50% of the vehicles used on public roads are now fuelled by hydrogen cells;

6. All public transport vehicles, taxis etc are now battery-powered and limited to a mximum of 60kmh;

7. Diesel vehicles are restricted to Emergency services only;

8. Total global oil supplies are expected to dissapear within the next 5 years, due to the 500% increase in demand from China and India over the previous 10 years. This level of demand has all but exhausted the remaining supplies of oil;

9. All extraneous use of fuel supplies ( read any form of competitive motor sport using petroleum products) has just been banned;

10. Motorcycles now represent 50 % of road-going vehicles YAY

I remember the oil-wars of the early 70's ( even tho' only a kid) -it was Armageddon back then for big V8's, even big 2-strokes.......

We shall see

[gizmo]

I thought that Russia & a few other countries still had SHEDLOADS of oil under the ground & OPEC are just a bunch of price fixing thieving bastards
that slow oil production down every time they need some more money.
I mean it's a great Idea doing less work for more money & I'm all for it, IF it benefits me, But I don't own any oil rigs etc so I don't want to pay more.

Seeing as it's in the governments best interest as far as tax dollars raised is concerned, why would they do anything about it?
Would they limit the tax % on fuel?
Has anybody ever asked them to put a cap on cents per litre they get?
Why is this not talked about or do I not watch enough TV, or read enough newspapers?

Does anything I just said make ANY sense?

[Gosling1]

thats a great picture Gizmo bwaahaahahaha

As far as I know, if Russia had shedloads of oil waiting to be plumbed, they would have done it years ago - I don't think they would be sitting on it, waiting for the Middle Eastern reserves to be emptied first....... ( bit I guess it could be a possibility.....)

The Feral govt. has already categorically ruled out lowering the curent rate of tax on fuel, I don't think it is capped either ( ie the tax take rises as per the rise in fuel ) - Costello did bleat something about the government 'reducing' the tax on fuel to 38% ?????? I must have blinked and missed the 3 days that it was actually effective ( apparently it was between discount cycles over Xmas 2002..........or something ).

BTW - at current xchange rates, fuel is already hitting the $2.40/l mark in Britain TODAY !!!!


cheers
HijackThatTankerDave

[Rossi]

Household interest burden as a % of income is now higher than it was in 1989 when rates were 17.5%. This means we all have (on average) about 2.5 times higher debt levels in real terms.

What does that mean you ask? The economy is now so sensitive to relatively minor hikes in interest rates that a return to 1989 rates would be disastrous and would leave us all "fucked and a long way from home". I don't think your likely to see those sort of rates for a long time yet, if ever.

It's a pity really.........no honestly

When the interest rate is high then so is the pay rise (even if just to match inflation) then the interest rate falls but the wages stay the same
and that is what is damaging to the governments.......hence their great dislike of high rates, they do not give a flying f**k whether you can afford your mortgage repayments.

I was there earning in the 70's

[Barrabob]

just hope they dont bring in motorcycles no bigger than 200cc thing they all do in asia, could just imagine riding down the road with the missus and the kids and a weeks worth of shopping on a 200cc honda.

Makes sence though you can fit a lot more vehicles on your road so it also saves upgrding the roads, would work too so long as theres not to many cars on it as well at the time.

And then we can move to wearing plastic ice cream containers on our heads instead of helmets...none for the kids though they dont count.

Fuel price sucks.

[Gosling1]

And then we can move to wearing plastic ice cream containers on our heads instead of helmets...none for the kids though they dont count.

Fuel price sucks.

if you have a read of that BBC article, it does mention the high reliance on petroleum by-products that plastic, and plastic-related things have.

Ice-cream containers use heaps less plastic than normal skid-lids, so you are probably dead right we will have to take them off our handlebars and get cold hands in winter

*NEWS FLASH* Naomi Robson has just confirmed my long-standing suspicion of the Coles/ Woolies shop a docket price scam. Its all crap, they jack up their prices before the 4c litre discount, and like sheep, your average punters just flock to the Woolies bowsers, clutching their dockets, filling up with 2nd-rate tolulene-enhanced crap masquerading as fuel, saving all of $2.00 per tank ( wow, glad I shopped at Woolies for that !).

If everyone filled up at the Independents from tomorrow, and avoided Woolies and Coles like the plague-inducing ripoff bastards that they most certainly are, you would see fuel prices plummet overnight.........probably not under $1 per litre, but a hell of a lot closer to that, than they are today.

rant over

cheers
SheikYaShoppaDocketDave