More on looming oil shortages: [link]
In November, [the IEA] said its analysis of projects known to be in the works suggested that the world could face a shortfall by 2015 of as much as 12.5 million barrels a day, unless there was a sharp drop in expected demand.
...
"This is very important, because the IEA is treated as the world's only serious independent guardian of energy data and forecasts," says Edward Morse, chief energy economist at Lehman Brothers.
...
Either way, though, a shortfall of 12.5 million barrels is huge. If that's an accurate assessment, prices are going to have to double another couple of times to bring demand into line with supply. $500 oil, anyone?
So, in seven years, gas might be $16 per gallon....
At lunch, I walked by the law school, which is having it's graduation today. So many of the female grads were wearing strapless party dresses to their graduation. It seemed very strange choice for graduates from a professional school. Also, it's not even 60 F here, so they must be freezing.
A co-worker just came by to tell me that a Marathon gas station some five miles up the road is selling gas from 12-1 today (it's already 12:10 here) for only $1.88/gallon. Damnit, I just filled up earlier this week!!
I mean the Elvis who breaks my heart when he does this kind of thing
OH THAT ELVIS I TOTALLY FORGOT ABOUT HIM.
In my defense, he doesn't make a fool of himself in a white rhinestone-studded jumpsuit. So he doesn't stand out in the mind in quite the same way.
gas might be $16 per gallon
Reasons to be glad I already live in a city with reasonably good public transit.
Telectroscope links London and New York.
Ooh, I'm going to have to check that out!
I couldn't handle getting drunk in a Geiger bar. As cool as it looks.
I couldn't handle getting drunk in a Geiger bar. As cool as it looks.
I think LSD would be the drug you'd want to most avoid in a Geiger bar....
The words "Run. Screaming." come to mind at that thought, tommyrot.
I couldn't handle getting drunk in a Geiger bar. As cool as it looks.
I'd worry about trying to pick anybody up there too. It might end like that pickup gone horribly wrong in Species.
poop. just got a call from mac's afterschool - no other family has signed up their kids for all day coverage on Memorial Day. Looks like my day of getting crap done and alone time, nsm.
