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Sioux Falls Scientists endorse $20 Per Gallon for describing how
a huge increase in gas prices could be the very thing
that saves us from a difficult future.

$20 Per Gallon
How the Inevitable Rise in the Price of Gasoline
Will Change Our Lives for the Better
By Christopher Steiner

$20 Per Gallon (2009) - 275 pages
$20 Per Gallon at Amazon.com

In the not-too-distant future - whether we like it or not - the price of gasoline will begin a rise that will continue for decades. It will increase so much, in fact, that many aspects of our everyday life will be dramatically altered - and altered in ways that most of us wouldn't necessarily anticipate.

For example, can you envision a future where we travel by train not by plane? A future without garbage trucks. One where today's distant suburbs gradually become ghost towns? Where outsourced jobs come back to America? Where Walmart goes out of business? And the same for Disney World? A place where sushi disappears from most places? A future with local produce rather than homogenized megafarm vegetables?

With chapters that reflect how our world will drastically change at a given price of gasoline (Chapter $6, Chapter $8, etc.), $20 Per Gallon heralds good news. Ultimately, this phenomenon will make our world simpler...safer...more family friendly...and, in general, feature a healthier way of living. Based on the latest scientific research as well as interviews with top experts in energy, urban planning, farming, and transportation, this book elegantly presents a startling, exciting, and reassuring picture of our future.

The path to it will be an amazing journey - a journey that will soon be upon us. $20 Per Gallon will both prepare you and inspire you for the changing world that awaits us.

Christopher Steiner is a staff writer for Forbes magazine. Originally trained as a civil engineer at the University of Illinois, he is also a graduate of the Medill School of Journalism at Northwestern University.

5-26-17 Uncertain times in the oil industry
Uncertain times in the oil industry
“A great struggle is unfolding in the world oil market,” said Daniel Yergin. Oil producers are attempting to rebalance supply and demand, in order to push oil prices up from recent lows, and they are simultaneously streamlining their businesses to survive during an era of cheap oil. “That tension explains why the price keeps jumping toward $60 a barrel and then falling back near $40.” Oil prices started to collapse in 2014, when global supply began rapidly outstripping demand, largely thanks to the shale oil revolution in the U.S. By late 2016, low prices had caused many companies to either go bankrupt or slash exploration and production. That production decline eventually helped raise prices somewhat, though nowhere near the $100 a barrel highs we saw three years ago. At the same time, the decline in revenues has forced companies across the industry to become more efficient. New shale-oil wells are now profitable at $50 or even $40 a barrel, a price point that would have been unthinkable a few years ago. This efficiency is creating a new surge in U.S. drilling. By next year, “the U.S. is likely to hit the highest level of oil production in its entire history,” which will keep global prices low for years to come. The days of $100 a barrel oil now look like “an aberration that will not recur, absent an international crisis or a major disruption.”

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$20 Per Gallon
How the Inevitable Rise in the Price of Gasoline
Will Change Our Lives for the Better
By Christopher Steiner

Sioux Falls Scientists endorse $20 Per Gallon for describing how
a huge increase in gas prices could be the very thing
that saves us from a difficult future.