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Update: Nuclear Meltdown May Be Under Way

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Targetpractice3/12/2011 3:44:59 pm PST

re: #37 albusteve

words, just words…we have 2 option, find and use gas and oil or wither economically, you’ll see what I mean when gas hits $5
what happens in the near future is anybody’s guess, I suspect we will suffer

I don’t know if you’ve been down to the corner gas station, but the cheapest I’ve seen today is $3.39/gal, and summer’s still months away. $5/gal is not a doomsday scenario, it’s a certainty, whether it be a matter of months or years. Much of the oil that still sits under the soil here in the US is only economical to pump when prices are as high or higher than they are now. Oil shale itself breaks even, IIRC, somewhere around $120/bbl.

If there are truly 2 options, it’s to continue chasing after a fast-fading dream of “cheap oil,” or start facing the economic reality now. The days of milk and honey are over.