re: How will all of the anti-oil legislation affect LA's economy?

quote:

---

I think it will be intersting to see if people bitch-n-moan while their grocery prices tripple, and they have to wait in line to buy $12 per gallon gas, while we have easily available oil that we are outlawed from producing.

---

But you are suggesting the variables for prices and consumer behavior will remain the same. Say gas does go up to 12 bucks a gallon. Even without any changes to MPG a car can get, there are ways to work with this.

People live in suburbs and drive to work. At $12/gallon for gas, you sell your house in Slidell and move to New Orleans where you work. You can walk to stores for food. So instead of using say 3 gallons a day of fuel, you might use 3 gallons a week.

I have a friend in Chicago who raises chickens on the roof of his condo, and the residents eat those eggs instead of buying eggs. There are ways to deal.

People will change. It's the one thing we can count on.

Stop right there. $12 gas means an economic meltdown in this country.

No it doesn't.

It just means that free enterprise is working and countries like China and India have more purchasing power for energy and demand-side market for petrol has not changed in the US.

Not even close to being an economic meltdown.

quote:

---

People live in suburbs and drive to work. At $12/gallon for gas, you sell your house in Slidell and move to New Orleans where you work. You can walk to stores for food. So instead of using say 3 gallons a day of fuel, you might use 3 gallons a week.

---

Riiiight. What about the folks in the suburbs that hypothetically move to the city... who buys their house from them at a high enough price they can afford to buy a residence in the city where prices are driven up by everyone else trying to do the same thing?

quote:

---

What about the folks in the suburbs that hypothetically move to the city... who buys their house from them at a high enough price they can afford to buy a residence in the city where prices are driven up by everyone else trying to do the same thing?

---

You don't sell your house in the suburbs. You rent them at a price that is greater than your mortgage.

Or you find out who holds your mortgage, and if you are upside down, you default on it, take a bankruptcy hit, and start clean in a new city.

I don't know what cities you've lived in, but it's usually MORE expensive to live in the suburbs than a city. Things like commuting, fuel costs to get to destinations, buying food in bulk since you may not be close (5 mins) from a grocery and then having to throw it away.

Bigger houses in the suburbs have higher heating costs, etc etc.

Suburbs will be the new slums. See all those McMansions? Pelican Point for example...4000 sq ft, 4 bedroom house could easily house 20-30 people.

It'll be a matter of logistics.

quote:

---

No it doesn't.

It just means that free enterprise is working and countries like China and India have more purchasing power for energy and demand-side market for petrol has not changed in the US.

---

The one way it doesn't is that the BHO Jangles inflation kicks in and $12 has today's purchasing power of $4.

How can you say free enterprise is working if we're awash in energy here, yet the Feds prevent companies from providing it?

It's pretty naive to think it would only affect commuters. Virtually everything you've bought was brought to you on a big truck. People who are having to pay more for energy have less to spend on discretionary items. It wouldn't just ripple through the economy, it would be a tidal wave.

quote:

---

You don't sell your house in the suburbs. You rent them at a price that is greater than your mortgage.

[...]

Suburbs will be the new slums.

---

So you are envisioning reduced demand for suburban housing, degrading living conditions, and prices rising above current market values? Think. Does that sound reasonable?

quote:

---

See all those McMansions? Pelican Point for example...4000 sq ft, 4 bedroom house could easily house 20-30 people.

---

For that to happen, there would have to be more people living in the suburbs, not less!

quote:

---

I don't know what cities you've lived in, but it's usually MORE expensive to live in the suburbs than a city.

---

I live in Houston. Inside of the Loop. I don't knwo what dreamland you live in, but property, and goods are significantly higher here than in suburbs. Real estate is like $50-70/sqft higher. I'm sure it will go down with all the new demand, though!

quote:

---

People live in suburbs and drive to work. At $12/gallon for gas, you sell your house in Slidell and move to New Orleans where you work. You can walk to stores for food. So instead of using say 3 gallons a day of fuel, you might use 3 gallons a week.

---

Wow I hate when jackasses like you that have not a fricking clue about economics just make like things like this is so easy and not problem at all..



I moved AWAY from Baton Rouge because of the school system and crime. But I should move back to BR and screw my family because you want gas to be 12 dollars? There is ZERO infrastructure to accomodate any of your idea as well! You think traffic in BR is bad now? What is everyone in LP and Ascention and WBR had to just pick up and move into the city?

You seriously think BR can support a 400k influx in people? Do you have any idea how high BR housing prices would get because of NO SUPPLY? New Orleans would have to house close to 1 million extra people. Where the frick are they gonna live?

quote:

---

People live in suburbs and drive to work. At $12/gallon for gas, you sell your house in Slidell and move to New Orleans where you work. You can walk to stores for food. So instead of using say 3 gallons a day of fuel, you might use 3 gallons a week.

---

Wonder if this idiot realizes that almost everything at any grocery store is shipped in via 18 wheeler whose gas mileage is a lot worse than the car driven from Slidell to NOLA. It is not delivered on the back of a fricking unicorn. Milk alone would cost more than a steak would today.

What he is proposing is for everyone to go back to the 1800s. Yea that progress..