Good-Bye, Cheap Oil. So Long, Suburbia?
businessweek.com
businessweek.com
Right now you have so many people buying v6s and v8s with no regard for fuel efficiency.
Now I'm spending $240 or so a month on gas, which is a rather smaller proportion of my income. I have considerable headroom before I start to notice much pain.
In particular, I could cut my gas bill in half by trading my SRT-4 for a Honda Fit (Jazz in UK) or similar.
"I believe the aggregate economic effect of these failures will be a worldwide deflationary depression. I will not be surprised if it is as bad in terms of unemployment and hardship as the 1930s. I expect that it will be attended by international political and military mischief."
"Such an oil shortfall would put at hazard such "normal" American activities as national chain retail and industrialized agriculture. I doubt that the WalMarts and K-Marts of the land will survive..."
"we are going to need local agriculture again, practiced on a smaller and more organic scale. We are going to regret turning some of our best farmland proximate to towns and cities into shopping malls and suburban housing tracts."
"We are going to have to live more locally, and more self-dependently. All our activities will have to be conducted on a finer scale...We are going to have to re-invent smaller-scaled farms (with value-adding activities), and we’re going to have to localize, or at least regionalize, commerce. We may have to start making some things again ourselves, or do without them for a while."
Those quotes aren't from this article though. They're from the same guy's article from nine years ago about what's going to happen in the aftermath of the Y2K bug. (http://kunstler.com/mags_y2k.html) He's still making the same predictions, and still has the creepy preoccupation with Wal-Mart.
Maybe he needs to get out more. I certainly don't think that people are going to be moving to the inner cities or "main street america" any time soon.
If anything it will force businesses to move closer to their workforces, which is exactly what it happening here in Dallas. 20 years ago, everything was downtown. Now there are more and more businesses moving up to the 1st loop (635), the 2nd loop (Beltline), the 3rd loop (190) and even further north up to Friso and McKinney (121 area).
Look at 121 and the Tollway, Within 2 miles you've got EDS, JCPenney, Frito Lay, Countrywide, McAfee, Cadbury Schwepps, and a whole lot more. Some have been there for years, but Hall Office park at 121/Tollway is filling up as more and more companies move to where their workforce is.
as someone who lives in a "suburbia" i'd be more than happy to commute, if there was anything nearing reliable, timely public transport
If there's money left for infrastructure. I think America has already missed its chance to build railroads.
But the gas prices are not high enough for people to yet make radical chanes. When it reaches $6/gallon, then we will see some significant changes.
As history dictates, great pain and suffering is a catalyct for change. Right now gas prices are not painful enogh, there is not much will regionally, and most people don't know better, for real change to happen.
Then get that startup off the ground now!