Tuesday, 16 June 2015

Filling the tank

"We will need to have made the transition from oil dependency to other forms of energy. We will have to find new sources of food and ways of producing it that don't rely on today's quantities of fertiliser, water and soil....If we fail to address any one of these issues effectively, our economy will face an inevitable and almost fundamental crisis. The only unknown then will be how quickly the system fails."

~Dick Smith 
Dick Smiths Population Crisis





My husband mentioned to me that he heard on the news this morning that petrol prices are set to rise, in the biggest quarterly increase seen in over a quarter of a century. 

For most of us this means we will have less money left in our budgets. 

I wonder will the petrol price rise stop at this level, or will it continue to increase? Will prices drop again any time soon? Does this mean that everything that is produced using oil - like our food - will now go up on price? What are your thoughts on the subject?

8 comments:

  1. Sherri, I doubt that food prices will go down. Petrol is $1.29 here which I believe is cheaper than Brissy at present. Not sure what is going to happen with oil but the 4 Corners programme last night about the future of coal was interesting. I think we are in for a bit of a bumpy ride in the next few years.

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  2. Sherri I agree with Dick Smith that we must have a transition plan and have it soon. From what I have read it would seem it will not be long before it will cost more to extract the oil than the amount it can be sold for. The "energy return on energy invested" argument. We are falling behind in our readiness for either an energy descent or alternative energy society. As 4 Corners pointed out, we are relying too heavily on dirty fossil fuels, and I'm not sure why our government can't see this.

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    1. Hutchy I remember reading a paper some time back (it may have been from the Feasta website but it is too long ago for me to be sure) that posited if governments tried to step in to sort things out now it might just hasten the global economic collapse that they were trying to prevent.

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  3. hmmmm - squints critically at the Jeep - time to downgrade.

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    1. To a 'mustachian' bicycle? :-)

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  4. Having two vehicles that use diesel, the fluctuations don't bother us as much, it just keeps going up.

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    1. I often wonder Deb, if it wouldn't be good to replace one of our petrol vehicles with one that uses diesel.

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