$3/l within !0 years, You Aussie Media Are Pathetic

[BAWagonWheels]

inflation / cpi eats into our pay increases so we're no better off.

oil giants already have the technologies to acquire oil from the earth so efficiently now that its all the greedy people at the top of the oil chains raking in the money. the cost of oil barrels are out of control.

without the government petrol taxes our road infrastructure would be poor. where else is the money gonna come from to pay for all this.

if only there was a black market for petrol... oil companies would cry like babies.

[ED Classic]

Might be more...No one can honestly say 100%

[Lukeyson]

$3 per litre, and wages will have inflated by then, avg store job will clear $600-650 odd dollars, instead of the $450-500 odd? now ?

[rns-11z]

i wouldnt be surprised at all.... currently people in europe are paying $3 a litre for petrol

[ea90gl]

It wouldnt surprise me one bit if petrol hit the 3 dollar mark and once this happens if will be a good excuse for LPG to hit $1.75/ltr

[fmc351]

Originally Posted by Grunter

Was watching a doco where a senior automotive engineer, who has been and is still working on a hydrogen fuel cell powered vehicles, estimated that they are 20-30 years away from the point where it will be technically viable to mass produce vehicles that have the similar capabilities as the current average car.

Hydrogen fuel storage being one of the big hurdles.

Norway is doing it to some degree, or has done it but without looking too much I havent found anything to confirm they have completed it. Australia would be a different kettle of fish though.


http://www.greencarcongress.com/2005..._funds_it.html


Mazda seems set to go withing 5-10 yrs too, theyre just awaiting the infrastructure.
http://www.leftlanenews.com/mazda-co...ive-years.html

[Ralliart]

Originally Posted by fmc351

Norway is doing it to some degree, or has done it but without looking too much I havent found anything to confirm they have completed it. Australia would be a different kettle of fish though.


http://www.greencarcongress.com/2005..._funds_it.html


Mazda seems set to go withing 5-10 yrs too, theyre just awaiting the infrastructure.
http://www.leftlanenews.com/mazda-co...ive-years.html

+1 Yeah man Norwegian Petrol Prices are very expenive plus they make petrol aswell

[chevypower]

Who really knows? 7 yrs ago when it peaked at around $40 a barrel, I wouldn't believe you if you told me it would reach $104 a barrel by 2008. The bottom line is we need renewable, abundant and envoronmentally friendly alternative fuels ASAP, that, i think we all agree on.

[blueoval]

I dont care as long as my wages go up at the same rate to compensate.

[Quicksand]

my dad drove across from Sydney to Perth in early Jan and in some places he was paying $1.96 per litre. Granted many were fairly remote places but i can see $3/L occuring quite easily within 10 years, if not earlier

Bring on LPG conversations.

[bingoTE50]

I bought a black GT so in Ten years I am going to be the Road Warrior and Rob you all of your Petrol .....

MAD BINGO.....

[Jase]

To be honest, if its has only risen to $3/L in 10 years Ill be pretty happy.

[Quicksand]

Originally Posted by Jase

To be honest, if its has only risen to $3/L in 10 years Ill be pretty happy.

thats exactly what i thought when i heard the news; "oh, thats not so bad after all"

[Hardtopxb]

China used 92% more oil based fuel in 2007 than they did in 2006.
India used 81% more in the same period.
USA used 78% more in the same period.
Europe used 28% more in the same period.
OIL is a NON RENEWABLE resource, Many think Peak oil has come and gone.OPEC is trying to hang onto it's dwindling reserves..Will oil reach $3.00 by 2018?..You bet it will...

[fmc351]

Originally Posted by Ralliart

+1 Yeah man Norwegian Petrol Prices are very expenive plus they make petrol aswell

Yeah, from the price they pay a fair bit goes into alternatives for the future. They know their reserves are limited so they are using what they have to provide for the future. From what I remember its very socialistic in practice as the government is heavily involved in oil and fuel production.

[ILLaViTaR]

Originally Posted by Ralliart

Just got this from Age just minutes ago, i can't believe The Australian Media just because they see petrol @ $1.50/l atm, they think it will go $3/l in 10 Years omgf : : : , they should open they eyes, , I honestly don't think it will hit $3/l maybe $2l but not $3., The most expensive place i've seen petrol is my Home Country $2.50/l (Norway).

Thanks

what do you Think

Not only that but they edited the War against Scientology story.

I hate the media.

[TUF_302]

They always say crap like this, every christmas we are meant to be paying $2 a litre, but it never goes over 1.50!, just plain old scare tatics!!

[Bossxr8]

Originally Posted by rns-11z

i wouldnt be surprised at all.... currently people in europe are paying $3 a litre for petrol

But most of that is tax. If people think that our petrol tax is bad its nothing compared to theirs. Thats why they go for diesel, its cheaper and gets you further.