Aug
Money Creation & Destruction, Gas Prices, Peak Oil & the Economic Crisis
Posted by admin as Fuel Prices
Understanding money creation and destruction is essential for those who hope to plan for the future.
Changing gas prices impact the flow of money, and ultimately, the money supply and velocity of money. Long term gas price changes, driven by oil prices, are subject to global peak oil extraction.
The run up of oil and gasoline prices from 2005 to 2008 caused a major stress on the economic system, and ultimately was the leading or at least contributing factor to the economic crisis.
Rising oil prices from their lowest levels at under $10 per barrel led to an era of relaxation of loan and mortgage requirements. While this appears to have helped to support the economy for a time, it led to a great maxing out of credit, which then set up a system that was ripe to fail due to any outside stress, such as the failure of the global oil extraction rate to rise.
The resulting economic crisis, due to peak oil and then peak money creation, signals that our current privately-owned, interest-penalty based, money system will not function in this new area of peaking and declining oil supply.
The solution is an entirely different economic model, which focuses on the creation of local food, energy, and credit money, which can be resilient despite innevitable changes in available oil and other resources.
Educator Aaron Wissner presents basic of money and explains how the combination of resource limits for oil combined with relaxed money creation (lending) standards, led to peak money creation, and in turn to an economic crisis.
This is the middle section of a 30 minute talk on money, oil, the environment, and our local future.
Duration : 0:9:1
Aug
The Camel’s Back – $4.20 Gas Straw
Posted by admin as Fuel Prices
Were the stock market to go up more we might find a gas price much higher than here. A look at pensions needing 8% year over year just to stay even, Bill Gross expects 3%. To survive people are going to be looking to savings. The government would have us go into debt without a safety net.
Duration : 0:9:41
Aug
Peak Oil, Peak Coal, and Beyond
Posted by admin as Fuel Prices
Peak Moment 63: Hot topics from Richard Heinberg: record-high U.S. fuel prices; the ethanol big-business boondoggle; coal projected to peak about a hundred years early (around 2020); what the climate change discussion is missing; and the benefits of “going local.” [www.richardheinberg.com]
Duration : 0:28:0
Jul
Old gas pumps not engineered for $4 prices, station slashes costs
Posted by admin as Fuel Prices
Sets of fuel pumps around the country aren’t engineered for high fuel prices. 49 News Reporter Annette Lawless finds one station that cuts the price of fuel to get people at the pump.
Duration : 0:1:46
Jun
“The Meeting of the Mouths” An Economic Roundtable Part 2
Posted by admin as Fuel Prices
“The Meeting of the Mouths” An Economic Roundtable with Neal Boortz, Clark Howard and Herman Cain (via Satellite). Moderated by News/Talk 750 WSB’s Jeff Hullinger. Part 2 looks at energy policy, corporate taxes, nuclear energy, gas prices, food prices, ethanol, oil and the war in Iraq. Clark proposes a bet on what gas prices will be May 1, 2009.
Duration : 0:8:16
Jun
Gas Prices Are Ridiculous
Posted by admin as Gas Prices
Wrong day to fill up.
Duration : 0:0:37
Jun
Fuel Price debate: Anwar Ibrahin VS Shabery Cheek Pt. 6
Posted by admin as Fuel Prices
Fuel Price debate: Anwar Ibrahin VS Shabery Cheek Pt. 6
Duration : 0:5:58
Jun
Higher Gas Prices Boost Carpooling
Posted by admin as Fuel Prices
The Missouri Department of Transportation is using the Internet to entice you to carpool.
http://www.kmbc.com/news/19705276/detail.html
Duration : 0:1:40
Jun
Gas Prices On The Rise
Posted by admin as Fuel Prices
Rising gasoline prices have led to more pain at the pump for many motorists throughout the nation, especially for those searching for employment. Dean Reynolds reports from Chicago.
Duration : 0:2:21
Jun
Fuel Price debate: Anwar Ibrahin VS Shabery Cheek Pt. 5
Posted by admin as Fuel Prices
Fuel Price debate: Anwar Ibrahin VS Shabery Cheek Pt. 5
Duration : 0:6:24
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