Comments on: Remember Cheap Oil? http://susiemadrak.com/2007/11/28/07/27/remember-cheap-oil/ Keeping a jaundiced eye on the corporate media. Sat, 22 Nov 2008 17:02:28 +0000 http://wordpress.org/?v=2.6 By: brendan http://susiemadrak.com/2007/11/28/07/27/remember-cheap-oil/#comment-132542 brendan Wed, 28 Nov 2007 12:52:56 +0000 http://susiemadrak.com/2007/11/28/07/27/remember-cheap-oil/#comment-132542 "“Everyone thought demand would pull back at $2 a gallon, but it didn’t,” Schork said. “It soared above $3 for a time after [Hurricane] Katrina, and demand remained strong.” He asked: Is the point at which demand will fall “$4? Is it $5? We don’t know.”" Until we have a real energy policy, demand will not fall. That's part of the whole racket. What choice do people have, honestly? Here in philly, it gets WAY too cold to take a bike during winter, The price of fuel impacts SEPTA too. And of course this doesn't take into account the people who live in the burbs and have to drive to work. What're they gonna do, quit their jobs? ““Everyone thought demand would pull back at $2 a gallon, but it didn’t,” Schork said. “It soared above $3 for a time after [Hurricane] Katrina, and demand remained strong.” He asked: Is the point at which demand will fall “$4? Is it $5? We don’t know.””

Until we have a real energy policy, demand will not fall. That’s part of the whole racket.
What choice do people have, honestly? Here in philly, it gets WAY too cold to take a bike during winter, The price of fuel impacts SEPTA too.

And of course this doesn’t take into account the people who live in the burbs and have to drive to work. What’re they gonna do, quit their jobs?

]]>