Quote:

Killconey said:
Quote:

magicjay38 said:
While we're bitching about energy prices, does anyone recall the Energy Bust? After the price jumps in the 70's we began reducing our consumtion and prices tumbled. All those folks that moved from the Midwest to Texas for jobs, moved back home. Check out Urban Cowboy at the video store sometime! Enron was not the first disaster to create see-through buildings in downtown Houston. People closed escrows on new houses elsewhere then abandoned their houses in the oil patch.

You've got market economics playing live on the corner at your local gas station. Hope you enjoy the show!



Just because it sucked then, doesn't mean that it doesn't suck now. Gas prices are way to fucking high and they need to go back down again. Maybe consumerism or ethanol will sweep down and save us, but it still sucks for now and as long as life sucks, bitching will happen.

Before you ask, I'm 24 and remember absolutely nothing from the 70s.



I meant no offense, Killcony. I know it sucks. In the earlier crisies we even had to wait in line to buy gas and that REALLY sucked. My point was that markets will prevail. Consumers will reduce their consumption and the price will fall. It won't happen overnight but that's the way market economics works. You guys, like we before you, will buy smaller cars. Then in 20 or 30 years you'll forget why you're driving a Prius and move up to some cruise ship sized vehicle and the whole process will repeat itself. The good news is I won't be around to say 'I told you so!'.