Ferrari Mailing List: Re: Illinois speed traps

[Britt2Asa (Britt2Asa]

I Hate to add to this non-Ferrari talk but can't resist.
 
Why do you think the US will fall apart when oil hits 10.00 per  gallon?  
(Better hope it won't cause its going that way!)
 
Oil here in the UK is the highest in Europe (because of Govt TAX) and has  
been for a long time. The country ain't doing great but it isn't falling  apart.
 
All this talk about more drilling for more oil resulting in lower  prices is 
complete and utter bollocks. China and India ALONE will be able to use  the 
ENTIRE worlds oil output within 20 years because of rising car use and  
economic 
growth. The game is over guys, enjoy the closing minutes, our time  in the 
sun is past...you can't fight population growth and those of you (like  me) 
that 
have been to China and Aisa know that they all aspire to the lifestyle  the 
West now has and they are going to get it (oil willing).
 
Drill off of Florida, sell the oil to the foreign governments (who will pay  
anything because they have all the Wests cash from 30 years of producing crap  
for the West to buy), and sell off what little of the USA is left so people 
can  buy another pair of crappy chinos at the Gap. We (the West) have already 
sold  our futures to the Far East. Its called balance of payments...Russia, 
Asia and  the middle east have the oil and our money. Get use to it, expect to 
pay more,  but don't rape and pillage what's left of the natural resources in 
the USA to  sell it off to let the Chinese drive their cars.
 
(And don't kid yourself thinking that any of this is going to help the  
states. We allow these oil companies to sell a limited resource anywhere (yes  
its 
called a free market Ken and yes its what America was built on but that  
doesn't make it right for us now) so its going to the people with all the 
money.  
(China and eventually India).
 
I hate high gas prices but I will pay. I don't for a second expect  drillling 
in Florida or Alaska will make any difference ever to what I pay in  either 
the US or the UK. Any extra oil will be swept up in the global markets  and 
will just help China grow FASTER. Its the population folks that is the  
problem, 
its growing faster than we are finding oil. The PRICE ISNT COMING DOWN.  Why 
destroy the small bits of the USA that haven't been dug up and sold off just  
for a few more years of comfort living? Low prices may come back for the short  
term but it wont stay. Those of you in a love fest with the oil companies 
will  never understand this but take my advice. Cash in all your stocks now 
cause 
when  the lights go out, when the price gets to high for people in the West 
to pay  (China will be paying using all the money WE have been sending to them 
over the  past 3 decades), you are going to need that cash to pay for what 
ever  alternative we end up using! 
 
Population growth and balance of payments folks. That's all you need to  know.
 
 
BR in the  UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK
1980 400i  (RHD 74,000 miles)
Searching for the right 512TR
2003 BMW 530d
1991  Alfa Spider S4 LHD
1993 Alfa Spider S4 LHD