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    United States Administrator Paul's Avatar
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    Default U.S. gasoline consumption dropped 25% in last two months

    U.S. gasoline consumption, as measured by deliveries to retail gas stations, has fallen off a cliff, dropping 25% in the last two reported months. Such a drop could be leading indicator of economic recession.
    Notice the last two red dots, far right, much lower.

    See further Why Is Gasoline Consumption Tanking? (Zerohedge) and Huge Plunge In Petroleum and Gasoline Usage (Mish).
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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    a sure sign that the usa is in recession.


    Butcherman

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    It certainly is a sign of a depression. Being the holiday period, this is alarming. The Baltic Dry Index has similarly fallen off a cliff too, in comparison.
    “There is no coming to consciousness without pain. People will do anything, no matter how absurd, in order to avoid facing their own soul. One does not become enlightened by imagining figures of light, but by making the darkness conscious.” -- Carl Jung

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by Mulder (here)
    The Baltic Dry Index has similarly fallen off a cliff too, in comparison.
    Indeed! From stockcharts.com, $BDI fell from about 2000 to 1000 in the last two or three months:
    Though, as can be seen $BDI seems to rather enjoy cliff diving, and took a bigger spill in 2008. Well, 2008 was bigger that what we've seen so far. We don't know where the bottom is on this one yet.
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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    If people are using the vehicle less, then they will have less freedom.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    And still fuel prices are increasing, which shows that the supply & demand theories of operation are not in use and the fuel prices are manipulated.

    rich

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Last October the AA published a report showing a drop of 15% in UK fuel consumption. Fuel over here is still a lot more expensive than in the States - £6 a gallon (http://www.guardian.co.uk/business/2...g-6-per-gallon) which I believe is roughly double what it is in the US. From the comments at the end of the report people are just not using their cars as much - living in the city I tend to use public transport because the cost of parking in London is prohibitive too but for those in rural areas where there is little public transport this is not an option.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    I have a 19 to 20 mpg Charger and a 50+ mpg V-Strom. I ride my motorcycle to work practically every business day and only missed about three days that I took the car last year. I find it insane that people drive 15 mpg trucks for 30 miles per day to work minimal wage....I think they have brain tumors...lol

    Rich

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by Oouthere (here)
    And still fuel prices are increasing, which shows that the supply & demand theories of operation are not in use and the fuel prices are manipulated.

    rich
    Not so much manipulated, rather spiking because we're past peak. Conventional crude peaked in 2005, they've been keeping volume up with tar sands, gas to liquids and ethanol but those methods can't keep up with the declines in conventional crude. The deep water stuff costs a lot more energy to bring in and once it takes one barrel to produce one barrel there's no point. This is why growth has stopped and why the economy's collapsing. I'd expect the price to fall for a while with reduced demand, then it'll spike again as decline and demand catch up. (It's called the bumpy plateau ) eventually the whole economy will collapse completely and production will effectively cease (at least for importing nations ).

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Joe,

    I would agree except there is a surplus of oil on the market. A surplus means prices should drop, also Saudi already stated they will try to keep oil below $100 a barrel. To me its pretty simple, the oil industry is making so much profit (more than any other company at any other time in history while the majority of the economy is crashing) and having to hide it by taking on projects they never would have considered in the past. Let's see, free $300 gas if you let us track your consumption....multi-million dollar road projects that would have normally been funded by the government....that's only what I've seen locally. I can't imagine what is happening in other parts of the world.

    Free energy should have been out since probably the 1930's, at the latest the early 1970's but it has been hidden and held down in the courts. Oil is an unecessary resource that is simply being used to take money from the consumer under false pretenses.

    Rich

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Sorry Rich, you're forgetting all that quantitative easing (printing money) that's been going on. All the currencies are falling against real goods like gold, oil, food etc. Free energy is no use to anyone while it's nothing more than a concept. If any of those devices on youtube actually worked someone would build them even if it was a black market thing and even if it was real it wouldn't make a difference. The problem is carrying capacity not just energy, we're running out of ecosystem as well.

    http://rense.com/general95/canamsur.html

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by joedjemal (here)
    Quote Posted by Oouthere (here)
    And still fuel prices are increasing, which shows that the supply & demand theories of operation are not in use and the fuel prices are manipulated.

    rich
    Not so much manipulated, rather spiking because we're past peak. Conventional crude peaked in 2005, they've been keeping volume up with tar sands, gas to liquids and ethanol but those methods can't keep up with the declines in conventional crude. The deep water stuff costs a lot more energy to bring in and once it takes one barrel to produce one barrel there's no point. This is why growth has stopped and why the economy's collapsing. I'd expect the price to fall for a while with reduced demand, then it'll spike again as decline and demand catch up. (It's called the bumpy plateau ) eventually the whole economy will collapse completely and production will effectively cease (at least for importing nations ).
    Hello joedjemal: There is NO such thing as peak oil. This is a figment in someones imagination. We have talked about this many times on project avalon here and elsewhere. I believe that peak oil could exist IF everywhere on the planet we were drilling at say 6000 feet. Never waivering from 6000 feet. However I have been on drilling wells where we hit oil at 3500 feet. On other wells at 4 miles down. See what's happening. We can get oil at pretty much any level. Until every depth is drained there is NO such thing as peak oil. It's imaginary. Here's a video that gives a great explanation:

    http://www.youtube.com/watch?v=vdSjyvIHVLw

    An example of the balony is in North America right now.
    We have enough oil for over 300 years just in the Alberta Tar sands which have been exploited so far. In the province of Saskatchewan there is 2/3 more of the tar sands so that is another 600 years added to the 300 from Alberta = 900 years worth of oil at present usage. See why peak oil is a pipe dream. This isn't even counting the 22,000 to 28,000 conventional wells drilled in Alberta each year. Saskatchewan is catching up to those figures also. There is sooooooo much oil it makes saudi arabia look dry which it could almost be.

    What's laughable is usually in the winter the price of fuel goes down in Canada. In summer it takes a huge jump in price because many more people are driving. Lately they don't drop the price and then in the summer raise it again.
    We are paying 1.10 per litre for regular unleaded fuel which is produced right here. This summer they want to take the price to 1.50 per litre. Doesn't anyone see that this is ridiculous since there is a recession going on in North America. It's a very serious recession that isn't getting better. The oil companies are smart and are keeping the prices at the highest levels in the history of north america.
    IF you don't believe this just search more in project avalon. It's all been explained many times.
    Have a great day and let's find that free energy source soon!
    chancy

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Actually the ones saying the prices are being artificially manipulated are right, they are using this Middle East Crisis for one to artificially manipulate gas prices. People in Texas have for years...over a decade been paid not to pump their wells to keep gas prices artificially high. We're drowning in Oil and Gas. If it was to reflect true market value right now, we would be paying about $1.50 per gallon. Not almost $4 per gallon.
    "Ignoring the evidence is simply another way of ignoring the truth."
    "Reality is always hard to accept whenever it is unpleasant. Our minds play tricks and tell us it just cannot be. Instead of accepting the truth as it is when it disturbs us, we try to deny its existence."

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by chancy (here)
    Quote Posted by joedjemal (here)
    Quote Posted by Oouthere (here)
    And still fuel prices are increasing, which shows that the supply & demand theories of operation are not in use and the fuel prices are manipulated.

    rich
    Not so much manipulated, rather spiking because we're past peak. Conventional crude peaked in 2005, they've been keeping volume up with tar sands, gas to liquids and ethanol but those methods can't keep up with the declines in conventional crude. The deep water stuff costs a lot more energy to bring in and once it takes one barrel to produce one barrel there's no point. This is why growth has stopped and why the economy's collapsing. I'd expect the price to fall for a while with reduced demand, then it'll spike again as decline and demand catch up. (It's called the bumpy plateau ) eventually the whole economy will collapse completely and production will effectively cease (at least for importing nations ).
    Hello joedjemal: There is NO such thing as peak oil. This is a figment in someones imagination. We have talked about this many times on project avalon here and elsewhere. I believe that peak oil could exist IF everywhere on the planet we were drilling at say 6000 feet. Never w9aivering from 6000 feet. However I have been on drilling wells where we hit oil at 3500 feet. On other wells at 4 miles down. See what's happening. We can get oil at pretty much any level. Until every depth is drained there is NO such thing as peak oil. It's imaginary. Here's a video that gives a great explanation:

    http://www.youtube.com/watch?v=vdSjyvIHVLw

    An example of the balony is in North America right now.
    We have enough oil for over 300 years just in the Alberta Tar sands which have been exploited so far. In the province of Saskatchewan there is 2/3 more of the tar sands so that is another 600 years added to the 300 from Alberta = 900 years worth of oil at present usage. See why peak oil is a pipe dream. This isn't even counting the 22,000 to 28,000 conventional wells drilled in Alberta each year. Saskatchewan is catching up to those figures also. There is sooooooo much oil it makes saudi arabia look dry which it could almost be.

    What's laughable is usually in the winter the price of fuel goes down in Canada. In summer it takes a huge jump in price because many more people are driving. Lately they don't drop the price and then in the summer raise it again.
    We are paying 1.10 per litre for regular unleaded fuel which is produced right here. This summer they want to take the price to 1.50 per litre. Doesn't anyone see that this is ridiculous since there is a recession going on in North America. It's a very serious recession that isn't getting better. The oil companies are smart and are keeping the prices at the highest levels in the history of north america.
    IF you don't believe this just search more in project avalon. It's all been explained many times.
    Have a great day and let's find that free energy source soon!
    chancy

    The Alberta tar sands may indeed be immense and there probably are large, deep deposits especially in deep water but you're missing my point, it's about eroei energy returned on energy invested. These technologies consume huge amounts of energy and the tar sands consume a huge amount of water as well to produce a fraction of the flow rate of a conventional well. When less than the maximum daily amount ever produced is being produced you're past peak. It's not about running out, it's about production rates. We'll never run out because eventually it will take more oil to extract it than it produces. I've read over 20,000 hours on this looking for ways out. Can you match that?

    “Cassandra Syndrome”: The Cassandra Syndrome is a term applied to predictions of doom about the future that are not believed, but upon later reflection turn out to be correct. This denotes a psychological tendency among people to disbelieve inescapably bad news, often through denial. The person making the prediction is caught in the dilemma of knowing what is going to happen but not being able to resolve the problem. The origin of the name is derived from Cassandra, who, using her prescience, foresaw the demise of Troy. No one believed her.
    Last edited by joedjemal; 11th February 2012 at 18:54.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Still have 75% more to go...

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Entire economic cadres are being priced out of driving. For those making subsistence level, minimum wage or a bit higher, driving is a luxury and walking, the bus or car-pooling are the only viable options.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by Rahkyt (here)
    Entire economic cadres are being priced out of driving. For those making subsistence level, minimum wage or a bit higher, driving is a luxury and walking, the bus or car-pooling are the only viable options.
    Agreed. Yet another brilliant move by the controllers....not! Get us out of the isolation of our cars to move and talk among ourselves again. I love the irony of this in way things will most likely play out because of it. There will be some inconvenience as restructuring occurs.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    Quote Posted by modwiz (here)
    Agreed. Yet another brilliant move by the controllers....not! Get us out of the isolation of our cars to move and talk among ourselves again. I love the irony of this in way things will most likely play out because of it. There will be some inconvenience as restructuring occurs.
    True. I'm sure the underlying motivation is to make poor folks less mobile, keep the inner city and the hinterlands "locked into place" so that they can't get away or get around when the time comes to round folks up. But it will result in increased socialization, as you say, a synergy that it is impossible for them to predict the outcome of. The potential power given to any social movement will far exceed their most extravagant predications I'm sure, given their proven propensity to underestimate the resilience of us "useless eaters" time and time again, without fail.
    Last edited by Rahkyt; 11th February 2012 at 20:29.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    This is happening because so many businesses are going under. In addition I ride my bike a lot more and think twice about traveling anywhere that would cost a lot. I drove through three industrial parks where I live a few days ago and they were all over half empty. I used to buy and sell vintage guitars for a living and two years ago that literally disappeared. Gone. Not even worth doing anymore. You can't buy one cheap enough to resell. Just think of all the packages that aren't being delivered at the same rate as before.

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    Default Re: U.S. gasoline consumption dropped 25% in last two months

    I think the TV is the main instrument that is hiding the fact that we are actually in a depression from folks. That, movies and video games, distracting people from the reality that they cannot help but see around them every day. Perhaps that is one of the reasons why they attack the Awakened and awakening with such vehemence. The only thing propping up the economic system right now is desperate belief by the masses and the prognostications of the talking heads.

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