Replies to post #2809 on Besra Gold Inc (BESAF)

[Spellbound]

Charles Hugh Smith: Gas at $25 a Gallon, Ration of 5 Gallons Per Month

Ref - http://www.oftwominds.com/blogjun08/25gallon-gas.html

So on a back-of-the-envelope calculation, let's say a semi-sustainable production in the U.S. would be about 2 million barrels a day (e.g. 60 million barrels a month), including shale oil and coal gasification and all those other technologies which turn out to require vast amounts of energy themselves. Since we will need most of that production for things like maintaining a few roads, the railways, and manufacturing solar arrays and some chemicals - let's limit private transportation consumption to, say, 50% of production or 30 million barrels a month. Not a day, a month. Since there's about 100 million households in the U.S., let's say on average each household is rationed 5 gallons a month which can be purchased at the market price of $25/gallon. If you don't use all of your 5 gallons, you are free to sell the remaining balance to someone who wishes to buy more gasoline . . .

[sumisu]

GETTING READY FOR PEAK OIL & SUSTAINABLE LIVING

A companion #board-9881 titled "PEAK OIL - SUSTAINABLE LIVING" was spun off from this board to provide an archive of postings and sources of information which will aid the community to adopt and survive in a world of declining energy resources.