deerman64:
I'm glad ypou posted as people in this country think it can't happen, but it can and most likely will. Petroleum in this country is indeed, a fragile and explosive commodity that is driven by demand and priced by demand which, holds true for the UK too.
For the most part, folks in this country haven't the faintest idea that the American farmer, if not subsidized by the Federal Government would not exist and profit margins while already extremely thin (with the subsidies) can't take a big petroleum related hit (again).
Most posters here only think of diesel fuel but petroleum for a farmer takes many forms from the LPG to dry the grain to fertilizer to the poly twine to tie hay bales and more and any increase in peroleum prices directly effect a large number of products used by farmers everyday not just including diesel.
You have the EPA constantly tightening emission and particulate standards forcing engine manufacturers to build more enviromentally friendly powerplants (but less efficient) and changing fuel formulation to reduce/remove sulfur (a lubricant and Cetane improver. With the January 2007 being the date for the new ULSD fuel, engine manufacturers are having to step up and improve their engines and injection systems to cope with the lack of lubrication that comes with the removal of sulfur from diesel fuel.
That, coupled with the unrest in the Middle East and the continuing crisis in Iran can and probably will cause diesel fuel prices to escalate and maybe attain $7.00 per gallon by 2010.
Folks here would really like to ignore the facts, but just go to the grocery store and compare what you can buy today for $100.00 compared to 5 years ago and then decide.
It's a proven fact that the United States has the petroleum reserves right here on ourn mainland or just offshore to provide all the needs of this country for the forseeable future but our government needs a game plan and soon if we are going to continue to lead the lives we are accostomed to.
Enough rant. /forums/images/graemlins/grin.gif