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Sorry, pure fantasy. One, not driving for 2 days would have about as much effect as a snowball melting in hell would have of
raising the temperature there. Two, the probability of getting enough critical mass for any such non-driving boycott is nil.
However, we may wind up seeing fewer SUV's on the road when their owners get tired of paying $100 or more to fill up those 45 gallon
tanks <g>.
JW
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Prosper
Sent: Tuesday, March 28, 2000 9:24 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] FW: Watch OPEC and boycotts
You don't want those fellas to go back to being camel jockeys? :-) Having
been
around for several of these oil comedies. I find myself very amused by the
recent scuttlebutt as we get talk of boycotts, making fuel from corn, and
secret gadgets that will give you 100 miles per gal.
If we really want to get OPEC's attention forget the gas boycott. Instead
actually park your car and use as little energy as possible for 2 days. It
could be done on a weekend when driving is more optional. That will get
their attention if enough do it.
I don't think any real solutions will come until the money starts to run out
in
the oil business. To catch up with inflation gas could easily go to $2.50
and if to the adjusted high prices of the early 80's look for $4.50 for
about 2 seconds.
Prosper
> Doubtful for anything more than a short-term spike in the short-term, >
certainly not 20 years out. Higher oil prices today will accelerate >
further research into alternative fuels and methods such as fuel cells >
(hydrogen based), perhaps combined with a rechargeable battery. OPEC is >
shooting themselves in the foot. They should be pumping as much as >
possible now and using the revenues to build their future economies > around
something other than oil. > > JW >
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