Comments on: The sooner oil hits $200 per barrel, the better! http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/ Green from the roots up, Sustainable from the top down Fri, 19 Mar 2010 18:44:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jassmonsteret http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-6977 Jassmonsteret Wed, 09 Sep 2009 09:30:05 +0000 http://greenmonk.net/?p=157#comment-6977 You need to keep in mind inflation. A lot of the increase in oil price is simply the inflation of the US dollar, making it worth less, and thus, increasing the amount of dollars needed to pay for oil. So,...when the US governemten issues billions of dollars to save cooperations and banks and so on, it drives up oil prices by inflation the dollar... You need to keep in mind inflation. A lot of the increase in oil price is simply the inflation of the US dollar, making it worth less, and thus, increasing the amount of dollars needed to pay for oil. So,…when the US governemten issues billions of dollars to save cooperations and banks and so on, it drives up oil prices by inflation the dollar…

]]> By: Recent research round-up at Greenmonk: the blog http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3634 Recent research round-up at Greenmonk: the blog Wed, 06 Aug 2008 18:10:38 +0000 http://greenmonk.net/?p=157#comment-3634 [...] in the renewables area would bery quickly find their funding drying up. I have said it before, the sooner oil reaches $200 per barrel, the better. « Carbonetworks and the open carbon [...] [...] in the renewables area would bery quickly find their funding drying up. I have said it before, the sooner oil reaches $200 per barrel, the better. « Carbonetworks and the open carbon [...]

]]> By: Tom Raftery http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3561 Tom Raftery Tue, 15 Jul 2008 10:42:34 +0000 http://greenmonk.net/?p=157#comment-3561 Warren, ignore the purveyors of doom. Oil was at $30 a barrel in 2005. It is now hovering around $140. That is an increase of 400%. We have survived that. I think a further 70% increase from $140 to $200 won't destroy civilisation as we know it. We will simply be more careful in our use of oil and more resourceful in our search for alternatives. Things we should have been doing a long time ago. Warren,

ignore the purveyors of doom.

Oil was at $30 a barrel in 2005. It is now hovering around $140. That is an increase of 400%. We have survived that. I think a further 70% increase from $140 to $200 won’t destroy civilisation as we know it.

We will simply be more careful in our use of oil and more resourceful in our search for alternatives. Things we should have been doing a long time ago.

]]> By: Warren http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3560 Warren Tue, 15 Jul 2008 10:36:12 +0000 http://greenmonk.net/?p=157#comment-3560 Ok well I do understand your logic with regards to more efficiency in the energy market, it makes sense to have more eco friendly fuels which will help the effects of our planet, but, in order to do that we need massive amounts of research done and plans put into place in order to get the eco friendly fuels 'Project' on the go, which I do believe is quite expensive (research and development). Now I’m from South Africa, a 21 year old white male who is constantly hearing about what could/would happen if the price of oil hits $200 a barrel, but if people are predicting that this will cause the start of more eco friendly fuels/energy, why are we waiting for this crisis to happen?? For instance, the barrel gets to $200, less fuel is around and price's are to high for consumers to travel to work & back, ppl loose their jobs and companies close as they are short staffed (and with our cost of living, it will happen), consumables become less and less, countries go into havoc with deaths and poverty, causing the middle class to become extinct...what would happen in between crude oil not being used and more fuel efficient fuels being used??? Research, development, money money money....the evils of money!!!!!! What’s going to happen if it will take 10 years to research properly, take another 20 years to develop and then only be distributed??? Shall I find a job (somehow) that I can work so I can get to work and back each day? Eat a home grown carrot with my 50ml of water (if I’m lucky)? Work to GET TO WORK???? Shit has hit the fan!!! When ppl start dying because of this, then it would lead back to the US....but do you think they give a shit??? As long as their tummies are over packed with pork, and they can spend thousands on holidays and crap, then they couldn't give a damn!!! Monopoly of the world = US!!!! Ok well I do understand your logic with regards to more efficiency in the energy market, it makes sense to have more eco friendly fuels which will help the effects of our planet, but, in order to do that we need massive amounts of research done and plans put into place in order to get the eco friendly fuels ‘Project’ on the go, which I do believe is quite expensive (research and development). Now I’m from South Africa, a 21 year old white male who is constantly hearing about what could/would happen if the price of oil hits $200 a barrel, but if people are predicting that this will cause the start of more eco friendly fuels/energy, why are we waiting for this crisis to happen??

For instance, the barrel gets to $200, less fuel is around and price’s are to high for consumers to travel to work & back, ppl loose their jobs and companies close as they are short staffed (and with our cost of living, it will happen), consumables become less and less, countries go into havoc with deaths and poverty, causing the middle class to become extinct…what would happen in between crude oil not being used and more fuel efficient fuels being used???

Research, development, money money money….the evils of money!!!!!! What’s going to happen if it will take 10 years to research properly, take another 20 years to develop and then only be distributed??? Shall I find a job (somehow) that I can work so I can get to work and back each day? Eat a home grown carrot with my 50ml of water (if I’m lucky)? Work to GET TO WORK????

Shit has hit the fan!!! When ppl start dying because of this, then it would lead back to the US….but do you think they give a shit??? As long as their tummies are over packed with pork, and they can spend thousands on holidays and crap, then they couldn’t give a damn!!! Monopoly of the world = US!!!!

]]> By: Tom Raftery http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3510 Tom Raftery Sat, 28 Jun 2008 09:14:43 +0000 http://greenmonk.net/?p=157#comment-3510 @chris - I am not an 'Environmentalist', whatever that means. I am an industry analyst. I do not grow my own food. And as the father of two young boys (2 and 5) I give a major crap about people who are alive right now. I live in Europe where we are currently paying currently around $7.75 per gallon (€1.30 per litre) for petrol (what you call gas) and while this is painful, it is still not enough. We need to penalise more polluting forms energy creation and incentivise clean forms. The US has been doing the exact opposite for decades with their continuing tax breaks for oil companies. The legacy of this for the planet will be felt for a long time to come. Higher oil prices are finally focussing people's attention on energy efficiency (and by happy coincidence, cleaner forms of energy creation). The higher the price, the better! @chris – I am not an ‘Environmentalist’, whatever that means. I am an industry analyst. I do not grow my own food. And as the father of two young boys (2 and 5) I give a major crap about people who are alive right now.

I live in Europe where we are currently paying currently around $7.75 per gallon (€1.30 per litre) for petrol (what you call gas) and while this is painful, it is still not enough.

We need to penalise more polluting forms energy creation and incentivise clean forms. The US has been doing the exact opposite for decades with their continuing tax breaks for oil companies. The legacy of this for the planet will be felt for a long time to come.

Higher oil prices are finally focussing people’s attention on energy efficiency (and by happy coincidence, cleaner forms of energy creation). The higher the price, the better!

]]> By: chris http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3496 chris Mon, 23 Jun 2008 01:47:41 +0000 http://greenmonk.net/?p=157#comment-3496 So I take it you grow your own food? Or you can easily afford higher prices and so long as you can the rest of the world can get stuffed? Then you don't have to worry about the costs of $200/barrel oil on the costs of farmers for fertilizers, or trucks to ship food to grocery stores, etc. I don't understand why so-called environmentalists care about 'future generations' but seem to not give even the slightest crap about other people who are actually alive right now. Either that, or you're just that stupid? So I take it you grow your own food? Or you can easily afford higher prices and so long as you can the rest of the world can get stuffed? Then you don’t have to worry about the costs of $200/barrel oil on the costs of farmers for fertilizers, or trucks to ship food to grocery stores, etc. I don’t understand why so-called environmentalists care about ‘future generations’ but seem to not give even the slightest crap about other people who are actually alive right now.

Either that, or you’re just that stupid?

]]> By: OUT_KAST http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3386 OUT_KAST Fri, 06 Jun 2008 00:25:04 +0000 http://greenmonk.net/?p=157#comment-3386 Recall this was written 9/07: http://www.prisonplanet.com/articles/september2007/170907_middle_class.h tm $200 Dollar a Barrel Oil Is Bilderberg Plan To Destroy Middle Class Elitists use peak oil scam, market turmoil, threat of Iran war to hike profits, torpedo middle class Paul Joseph Watson Prison Planet Monday, September 17, 2007 The global elite are conspiring to send oil prices crashing through the $200 dollar a barrel mark as part of an organized agenda to hike profits, bring about a global economic crash and torpedo the middle class, and they're not afraid to attack Iran as a means of achieving their goal. Crude oil prices returned to near record high prices today after having surged past the $80 a barrel benchmark on Thursday. Now there is serious debate about oil crashing not just the $100 dollar, but the $200 dollar a barrel level in the next two years. The 24/7 Wall Street blog, which is affiliated with both Dow Jones' MarketWatch and The Wall Street Journal, carried an article over the weekend that entertained the possibility of oil tipping the $200 mark, citing experts in the industry who expect the $95 a barrel level to be surpassed by the end of the year if the recent stock market turmoil continues. The ultra-secretive Bilderberg Group, a consortium of power brokers from banking, business, politics, academia and oil, met in Munich Germany in May 2005 when crude oil prices were around the $40 a barrel mark. During the conference, Henry Kissinger told his fellow attendees that the elite had resolved to ensure that oil prices would double over the course of the next 12-24 months, which is exactly what has happened. During their 2006 meeting in Ottawa Canada, Bilderberg agreed to push for $105 a barrel before the end of 2008. This information was gleaned from sources inside Bilderberg who have proven reliable in the past. Recall this was written 9/07: http://www.prisonplanet.com/articles/september2007/170907_middle_class.h tm

$200 Dollar a Barrel Oil Is Bilderberg Plan To Destroy Middle Class Elitists use peak oil scam, market turmoil, threat of Iran war to hike profits, torpedo middle class Paul Joseph Watson Prison Planet Monday, September 17, 2007

The global elite are conspiring to send oil prices crashing through the $200 dollar a barrel mark as part of an organized agenda to hike profits, bring about a global economic crash and torpedo the middle class, and they’re not afraid to attack Iran as a means of achieving their goal.

Crude oil prices returned to near record high prices today after having surged past the $80 a barrel benchmark on Thursday.

Now there is serious debate about oil crashing not just the $100 dollar, but the $200 dollar a barrel level in the next two years.

The 24/7 Wall Street blog, which is affiliated with both Dow Jones’ MarketWatch and The Wall Street Journal, carried an article over the weekend that entertained the possibility of oil tipping the $200 mark, citing experts in the industry who expect the $95 a barrel level to be surpassed by the end of the year if the recent stock market turmoil continues.

The ultra-secretive Bilderberg Group, a consortium of power brokers from banking, business, politics, academia and oil, met in Munich Germany in May 2005 when crude oil prices were around the $40 a barrel mark.

During the conference, Henry Kissinger told his fellow attendees that the elite had resolved to ensure that oil prices would double over the course of the next 12-24 months, which is exactly what has happened.

During their 2006 meeting in Ottawa Canada, Bilderberg agreed to push for $105 a barrel before the end of 2008. This information was gleaned from sources inside Bilderberg who have proven reliable in the past.

]]> By: Greenmonk: the blog : High oil prices are a good thing! http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3345 Greenmonk: the blog : High oil prices are a good thing! Thu, 29 May 2008 11:10:01 +0000 http://greenmonk.net/?p=157#comment-3345 [...] wrote a post a couple of weeks back saying that the sooner oil reaches $200 per barrel, the better. Unsurprisingly, it generated a bit of [...] [...] wrote a post a couple of weeks back saying that the sooner oil reaches $200 per barrel, the better. Unsurprisingly, it generated a bit of [...]

]]> By: Jeff Barr’s Blog » Links for Friday, May 23, 2008 http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3309 Jeff Barr’s Blog » Links for Friday, May 23, 2008 Fri, 23 May 2008 19:10:22 +0000 http://greenmonk.net/?p=157#comment-3309 [...] Greenmonk: The Sooner Oil Hits $200 Per Barrel The Better - “Suddenly money is pouring into companies who are trying to research and commercialize Green energy. This is a good thing! This will only continue as long as it is perceived to be profitable. In other words, as long as oil is expensive.“ [...] [...] Greenmonk: The Sooner Oil Hits $200 Per Barrel The Better – “Suddenly money is pouring into companies who are trying to research and commercialize Green energy. This is a good thing! This will only continue as long as it is perceived to be profitable. In other words, as long as oil is expensive.“ [...]

]]> By: $134.13 -- Hoover’s Business Insight Zone http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/comment-page-1/#comment-3282 $134.13 -- Hoover’s Business Insight Zone Wed, 21 May 2008 22:51:26 +0000 http://greenmonk.net/?p=157#comment-3282 [...] of Arjun Murti’s sentiments in the New York Times piece quoted above, analyst Tom Raftery wants oil to hit $200 per barrel, because he figures it’s a necessary step along the way to developing renewable, [...] [...] of Arjun Murti’s sentiments in the New York Times piece quoted above, analyst Tom Raftery wants oil to hit $200 per barrel, because he figures it’s a necessary step along the way to developing renewable, [...]

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