Thursday, March 16, 2006

Oil Standard

To see the cost of things in near real time equivalent barrels of oil is disturbing. Maybe that is exactly the point - to disturb. A credit card balance, the sum total of your savings and the iPod Nano you have been lusting are all only so many barrels of oil.

You wonder if should allow your reserves to lower, if you should want less and conserve what you have - better still add to your stock. You wonder what might happen if oil prices spiked so high that it pushed life's smallest desires out of reach and finally if indeed one day it was the "Oil Standard" instead of the "Gold Standard" for trading all goods and currencies.

2 comments:

Ardra said...

caught up with u'r posts...and each aroused a different emotion...a different reaction within...
just wanted to say HI...
wanted to say some more abt a couple of specific posts- but cant find the words...

Heartcrossings said...

Hey Ardra - Nice to see you ! Thanks for stopping by.