Comments on: $134.13 http://www.hooversbiz.com/2008/05/21/13413/ Individuals — Companies — Industries: How We Work Now. Wed, 10 Mar 2010 19:25:04 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: New here? Try these! -- Hoover’s Business Insight Zone http://www.hooversbiz.com/2008/05/21/13413/comment-page-1/#comment-8774 New here? Try these! -- Hoover’s Business Insight Zone Fri, 20 Jun 2008 14:35:13 +0000 http://www.hooversbiz.com/?p=847#comment-8774 [...] May 21: $134.13 [...] [...] May 21: $134.13 [...]

]]> By: Should oil get more expensive? -- Hoover’s Business Insight Zone http://www.hooversbiz.com/2008/05/21/13413/comment-page-1/#comment-7742 Should oil get more expensive? -- Hoover’s Business Insight Zone Fri, 30 May 2008 19:57:59 +0000 http://www.hooversbiz.com/?p=847#comment-7742 [...] you, I’m not asking what you think the price of oil will do, but what you think it should do. When we talked about the sky-high price of oil last week, regular reader Darrin Dickey said [...] [...] you, I’m not asking what you think the price of oil will do, but what you think it should do. When we talked about the sky-high price of oil last week, regular reader Darrin Dickey said [...]

]]> By: Darrin Dickey http://www.hooversbiz.com/2008/05/21/13413/comment-page-1/#comment-7097 Darrin Dickey Thu, 22 May 2008 13:13:45 +0000 http://www.hooversbiz.com/?p=847#comment-7097 I'm not an enviornmental nutjob, more of a conservationist/good steward kind of guy. But I don't think this oil thing will "work itself out." The major oil fields have peaked and are declining. It's time for a drastic shift in how we think about transportation. For decades, we've puttered around sinking billions into researching alternatives (such as electric vehicles), but not very seriously. (I've known people in these research areas. They admitted that finding solutions to the issue was not their goal, because government research money would go away and they would be out of a job.) Americans are notorious for ingenuity, creativity and "finding a better way." It's time to kick that American spirit into overdrive and solve this problem once and for all. We can't afford to wait for $6-$10 per gallon gas and then start contemplating what to do. And by the way, I do think a good deal of the high pricing of crude is due to the speculative market. It's possible they're getting into a bubble and when it bursts, you'll hear lots of wailing. I’m not an enviornmental nutjob, more of a conservationist/good steward kind of guy. But I don’t think this oil thing will “work itself out.” The major oil fields have peaked and are declining. It’s time for a drastic shift in how we think about transportation. For decades, we’ve puttered around sinking billions into researching alternatives (such as electric vehicles), but not very seriously. (I’ve known people in these research areas. They admitted that finding solutions to the issue was not their goal, because government research money would go away and they would be out of a job.)

Americans are notorious for ingenuity, creativity and “finding a better way.” It’s time to kick that American spirit into overdrive and solve this problem once and for all. We can’t afford to wait for $6-$10 per gallon gas and then start contemplating what to do.

And by the way, I do think a good deal of the high pricing of crude is due to the speculative market. It’s possible they’re getting into a bubble and when it bursts, you’ll hear lots of wailing.

]]> By: Seth Gottlieb http://www.hooversbiz.com/2008/05/21/13413/comment-page-1/#comment-7096 Seth Gottlieb Thu, 22 May 2008 12:59:11 +0000 http://www.hooversbiz.com/?p=847#comment-7096 It really bugs me when the presidential candidates promise to reduce fuel prices. Cheap fuel is a major reason for many of our current problems: addiction to oil, disproportionate carbon emissions, big cars, lots of traffic, urban sprawl, poor public transportation, underinvestment in renewable energy... the list goes on. Imagine how great things would be if we spent $550 billion on renewable energy and public transit rather than screwing up Iraq. Let the prices rise! It really bugs me when the presidential candidates promise to reduce fuel prices. Cheap fuel is a major reason for many of our current problems: addiction to oil, disproportionate carbon emissions, big cars, lots of traffic, urban sprawl, poor public transportation, underinvestment in renewable energy… the list goes on. Imagine how great things would be if we spent $550 billion on renewable energy and public transit rather than screwing up Iraq. Let the prices rise!

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