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Current Events => The DUmpster => Topic started by: Miss Mia on March 13, 2008, 10:15:06 PM

Title: What happens when gas hits $50 per gallon?
Post by: Miss Mia on March 13, 2008, 10:15:06 PM
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KillCapitalism  (427 posts)     Thu Mar-13-08 09:53 PM
Original message
What happens when gas hits $50 per gallon?

I believe we may see that price sometime within the next year or two. I won't be able to work at my current job, but luckily there are a lot of services within walking distance of my home. Will this be the end of all automotive travel at that point? I wonder what $50/gallon will do to the economy.

PS - When it happens, everyone remember to thank Bush. 
 

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MercutioATC (1000+ posts)       Thu Mar-13-08 09:59 PM
Response to Original message
6. $50/gal?? I want some of what you're smoking.
 The most we're going to see within 2 years is $5.

A lot of what's going on with the price of oil is based on the horrible U.S. economy and the devaluation of the Dollar. It'll correct long before we see $6/gal gasoline, much less $50

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KillCapitalism  (427 posts)     Thu Mar-13-08 10:05 PM
Response to Reply #6
9. Devaluation of the dollar will be a major factor.
We'll easily have $50 per gallon (or worse) if we have the same style of hyperinflation Weimar Germany had, or that Zimbabwe. It WILL happen, no economy is completely immune from collapse.

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El Pinko (1000+ posts)      Thu Mar-13-08 10:11 PM
Response to Reply #9
14. "WILL" is a strong word. It COULD happen...
 ...and I agree that no economy is immune from collapse, but the US still pulls a lot of economic strings around the world and has a much greater impact on the world economy than Weimar Germany ever had. Zimbabwe has had hyperinflation of late, but Zimbabwe's influence on the world economy is nil.

If the US goes down, many economies go down with us, taking their currencies as well. We are not the only nation with massive overleveraged debt. So the collapse of our partners' currency would mute the effects of any massive devaluation to a significant degree.

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El Pinko (1000+ posts)      Thu Mar-13-08 10:07 PM
Response to Original message
10. If we see that price it will be due to hyperinflation/dollar devaluation, not oil prices per se.
 I could see $10/gal prices at some point in the next decade - assuming the dollar's value holds somewhat.

The ONLY way we will see $50 gas is if there is a Mexican Peso/Weimar Mark-magnitude devaluation of the dollar over the next few years. I hope it doesn't happen, but the fed seems intent on making it happen...

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Cooley Hurd  (1000+ posts)       Thu Mar-13-08 10:10 PM
Response to Original message
12. Mad Max was an awesome movie!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3006082 (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3006082)
Title: Re: What happens when gas hits $50 per gallon?
Post by: Duke Nukum on March 13, 2008, 10:30:22 PM
If it went up to $50/gallon, more likely that would be indicative of more serious problems.  $50/gallon and the DUmmies would get their wish of  all the oil companies would go out of business because no one could afford it.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Airwolf on March 13, 2008, 10:33:13 PM
The worlds economy would collapse and then it's Mad Max Time. I'd doubt it if to many of the DUmp members would live through something like that.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Miss Mia on March 13, 2008, 10:33:49 PM
My favorite reply:

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Occam Bandage  (1000+ posts)     Thu Mar-13-08 10:32 PM
Response to Original message
20. Your alarm clock goes off and you wake up.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Miss Mia on March 13, 2008, 10:34:30 PM
The worlds economy would collapse and then it's Mad Max Time. I'd doubt it if to many of the DUmp members would live through something like that.

Especially since they're so anti-gun.  LOL. 
Title: Re: What happens when gas hits $50 per gallon?
Post by: franksolich on March 13, 2008, 10:42:06 PM
Well, one quite reasonably assumes that if gasoline goes to $50 per gallon, the economy's in some trouble.

And when the economy's in some trouble, everybody tightens belts, looking out for themselves and their own.

If gasoline goes to $50 per gallon, the primitives would have to work for a living, because straitened people--taxpayers--couldn't afford to support them.

If I were a primitive, and smart--I know, I know, two contradictions--I'd hope the economy continues to boom, so that other people could afford to maintain and support me.
Title: Re: What happens when gas hits $50 per gallon?
Post by: jukin on March 13, 2008, 11:36:21 PM
$50/gallon would only be for a short time while we drilled thru a thin layer of glass and restored infrastructure.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Carl on March 14, 2008, 06:21:10 AM
Do they really think that exaggerating everything to the point of ridiculousness makes them somehow look enlightened?

Then again I probably shouldn`t encourage them to stop making themselves look like idiots. :-)
Title: Re: What happens when gas hits $50 per gallon?
Post by: BlueStateSaint on March 14, 2008, 06:59:31 AM
Do they really think that exaggerating everything to the point of ridiculousness makes them somehow look enlightened?

Then again I probably shouldn`t encourage them to stop making themselves look like idiots. :-)


Makes me think that the primitive who lit that fire is a mole.
Title: Re: What happens when gas hits $50 per gallon?
Post by: ScubaGuy on March 14, 2008, 07:38:12 AM
$50/gallon would only be for a short time while we drilled thru a thin layer of glass and restored infrastructure.
:cheersmate:
Title: Re: What happens when gas hits $50 per gallon?
Post by: PatriotGame on March 14, 2008, 11:07:10 AM
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KillCapitalism  (427 posts)     Thu Mar-13-08 09:53 PM
Original message
What happens when gas hits $50 per gallon?


Cheeto's will be $75.00 a bag and weed will be $200.00 an ounce.
Hmmm...Cheeto's or weed - decisions, decisions, decisions...
Title: Re: What happens when gas hits $50 per gallon?
Post by: SSG Snuggle Bunny on March 14, 2008, 11:15:10 AM
$50/gallon = teh awesome

[youtube=425,350]http://www.youtube.com/watch?v=H6Vw402IaII[/youtube]

 :bow:
Title: Re: What happens when gas hits $50 per gallon?
Post by: Rebel Yell on March 14, 2008, 11:22:57 AM
Their hero, Hugo Chavez, becomes the most powerful man in this hemisphere and enslaves all the DUmmies who have worshiped him for years.  And they'll love him for it.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Chris_ on March 14, 2008, 11:23:18 AM
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What happens when gas hits $50 per gallon?

My stock in oil companies will be worth a bit more than it is now.   :-)
Title: Re: What happens when gas hits $50 per gallon?
Post by: Lauri on March 14, 2008, 03:32:29 PM
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What happens when gas hits $50 per gallon?

My stock in oil companies will be worth a bit more than it is now.   :-)


yeah, my in laws in Canada would be ecstatic  :cheersmate:
Title: Re: What happens when gas hits $50 per gallon?
Post by: jukin on March 14, 2008, 05:44:24 PM
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KillCapitalism  (427 posts)     Thu Mar-13-08 09:53 PM
Original message
What happens when gas hits $50 per gallon?


Cheeto's will be $75.00 a bag and weed will be $200.00 an ounce.
Hmmm...Cheeto's or weed - decisions, decisions, decisions...

Hate to break it to you but pot is around $500/oz.  That's why the DUchebags need those cost of living increases in SSDI.
Title: Re: What happens when gas hits $50 per gallon?
Post by: BlueStateSaint on March 14, 2008, 05:49:02 PM
Quote
KillCapitalism  (427 posts)     Thu Mar-13-08 09:53 PM
Original message
What happens when gas hits $50 per gallon?


Cheeto's will be $75.00 a bag and weed will be $200.00 an ounce.
Hmmm...Cheeto's or weed - decisions, decisions, decisions...

Hate to break it to you but pot is around $500/oz.  That's why the DUchebags need those cost of living increases in SSDI.

And you know this . . . how? :confused: :tongue:
Title: Re: What happens when gas hits $50 per gallon?
Post by: Lord Undies on March 14, 2008, 06:18:33 PM
It amuses me, this DUmmie attitude about oil.  Not a one of them know how important oil is to the world.  They think we can do without it.  It is to laugh.

The DUmmies have no idea that their entire lives depend on oil.  They couldn't even flush their morning's first piss without oil.  I am assuming they flush, so give me a break.

Nothing in this world is as important as oil.  Yes, oil is worth going to war over.  Yes, keeping oil a free-flowing commodity is worth killing people who wish to stop it.  Yes, oil is NOT evil. 

Oil makes everything possible.  Every aspect of our lives, and the pathetic lives of stupid DUmmies, is possible only because of oil.

Oil is not a dirty word.  It is your life.  Live or die with it, freaks.
Title: Re: What happens when gas hits $50 per gallon?
Post by: Bondai on March 14, 2008, 06:27:49 PM
Stupid SOB!.....
Title: Re: What happens when gas hits $50 per gallon?
Post by: Lord Undies on March 14, 2008, 06:29:04 PM
Stupid SOB!.....

I didn't mean to offend you.  I swear!
Title: Re: What happens when gas hits $50 per gallon?
Post by: Bondai on March 14, 2008, 06:31:33 PM
Stupid SOB!.....

I didn't mean to offend you.  I swear!

Not even directed at you, sorry.... :-)
Title: Re: What happens when gas hits $50 per gallon?
Post by: Lord Undies on March 14, 2008, 06:34:31 PM
Stupid SOB!.....

I didn't mean to offend you.  I swear!

Not even directed at you, sorry.... :-)

Somewhow I knew that, but I could not pass up the opportunity.   :innocent: