Oil could hit $100 this winter and spur global economic crisis: Bank of America

[WiltonRanch]

Cost of energy in general will influence consumer spending as essentials cost increases to the point the consumer has no disposable funds for the non essentials. The covid cash was/is a bandaid on a 3rd degree burn. It created a spending spree on crap for a spell but now the reality of the increases in essentials is beginning to temper this. For the time being economies around the world are flat because consumerism is dead for now. If this how the green agenda wants it so be it. I personally like to be frugal but everyone forced to live poor won’t end well. End of the day money talks and if big money isn’t making big money govt doesn’t get the big money. They need to be careful or there’ll be nothing left to build back better.

[Sodbuster]

Was watching BNN this morning and had a guest from Quebec explaining that to meet future targets they would have to quit putting gas furnaces in houses and buildings and use electricity instead. Furthermore all gas, oil and coal generation plants would have to be shutdown leaving wind, solar, nuclear and hydro as the only viable options. No new hydro or nuclear projects that I know of and with all the greenies and indigenous so called rights don’t see any of these moving forward in the coming years. And even more important the electrical grid system would never handle the increased flow electricity, My WAG on this that we would have to generate at least 4 fold or more to use electrical heat and cars. Maybe it time for the Liberals to cut back on the weed so they could do some rational thinking before they start going down this road.

[furrowtickler]

I say let them go for it
It will be a valuable lesson for many

[WiltonRanch]

I say let them go for it
It will be a valuable lesson for many

Yes! Remember years ago I got offered a deal to rent some cows and land from a neighbour. As it turned out the cows and owner were less than stellar and I had a blowout thanks to my Irish temper. After it all blew out my old man told me I coulda told you to stay away from the bugger but I knew you had to learn a lesson. Hard ass love I guess but proves your point. Like the 4H motto.

[the big wheel]

GMC chev introduces truck with 400 mile
Between charge.

[chuckChuck]

The last time energy prices soared gas guzzlers were a hard sell and a lot of wealth was transferred from consumers to oil producers.

Are farmers looking forward to paying higher fuel costs just so Alberta and the oil companies can prosper?

As long as grain prices are high nobody seems to care as much. But lower income consumers that have to heat their homes and put gas in their cars take a bigger hit.

Higher prices will help make alternatives and conservation a more attractive choice which will help speed the transition away from fossil fuels. So high prices will drive a lot of change in consumption.

[sumdumguy]

The carbon tax will bother me much more. This morning Gormley said that my natural gas to heat with will cost 3x what it did last year because of carbon tax.

[STR1]

The last time energy prices soared gas guzzlers were a hard sell and a lot of wealth was transferred from consumers to oil producers.

Are farmers looking forward to paying higher fuel costs just so Alberta and the oil companies can prosper?

As long as grain prices are high nobody seems to care as much. But lower income consumers that have to heat their homes and put gas in their cars take a bigger hit.

Higher prices will help make alternatives and conservation a more attractive choice which will help speed the transition away from fossil fuels. So high prices will drive a lot of change in consumption.

For anyone who believes that the cost of alternative energy supplies will not follow the fossils fuels higher…………….you’re in for a special surprise!!!!

[the big wheel]

Well it’s obvious governments left right or centre
need that revenue so that’s a no brainer

[WiltonRanch]

The last time energy prices soared gas guzzlers were a hard sell and a lot of wealth was transferred from consumers to oil producers.

Are farmers looking forward to paying higher fuel costs just so Alberta and the oil companies can prosper?

As long as grain prices are high nobody seems to care as much. But lower income consumers that have to heat their homes and put gas in their cars take a bigger hit.

Higher prices will help make alternatives and conservation a more attractive choice which will help speed the transition away from fossil fuels. So high prices will drive a lot of change in consumption.

Yes. Carbon taxes exacerbates that for lower income people. As a farmer it is a cost of doing business which I cannot avoid nor pass on. Honestly what can I do to offset energy increases or carbon taxes. If you are actually a farmer what is affecting you and how are you mitigating these increases in energy? It is easy to flap your gums and put lol to everything but what can you tell us dumb ass farmers which will lower our carbon footprint and help us out? Truly if you are not a troll and really a farmer enlighten me please. I follow a lot of alternative energy stuff. I really don’t want to run out of fuel for as long as I live. None of want to. We also don’t want to be paying through the ass through it neither. Think we all want the same but tech isn’t quite there to satisfy yet. Please enlighten me.