Also in this playlist...
This transcript is automatically generated
-- look back at our -- to cancel.
What happens -- pump prices go sky I -- some pros and cons according to our next guest Chris Snyder believes that definitely and UV will be a good byproduct of six dollar a gallon gas.
The bad outcome he says is plunging revenues from gas taxes.
Nice its fourteen dollar a gallon gas will revive US manufacturing and kill Wal-Mart but whole world will shut down because I Clinton driving -- -- being killed -- the good thing right.
INS UV that's a lineup.
Twenty dollars a gallon it means that 90% of Americans live in cities and that's a good thing according to Steiner nuclear reactors power everything that's apparently that.
He's got predictions for a bunch of other races is so let's hear from an -- is out Chris Snyder author of twenty dollars per gallon.
Chris I I I -- -- -- I got three kids I need to -- LS UV.
Well you need it right now because of where you live.
If you live in a place of more walking forward he could get the schools and several blocks we could walk to restaurants walk to.
Grocery stores you would need that big -- in fact you'll want to be a lot simpler.
So I'm still active -- Exert -- certainly doesn't stand a good chance of future gas prices like 1214 dollars down now this is decades in the future.
These places are slowly getting the -- price of gas goes up -- up.
Not as I said it's gonna take years but Wal-Mart.
Target Home Depot those types of things the places that anchor.
Exert -- -- -- good disintegrated the price of gas goes up.
Chris -- you know I it makes an interesting points a lot of I I don't know you that you weren't actually making this point but essentially.
The cost of transportation the cost of fuel and energy for most products.
Is negligible -- rounding -- you don't even factored into the costs so much but if it goes up gasoline does go from say two dollars to twenty dollars a gallon.
It will very much matter on the units and everything that we consume every day.
My question is just what a catalyst to get us from two -- two -- dollars when the economy's taken.
And we can I mean we might well be back -- ninety cents -- the economy's better I think it's going to be next year.
Well maybe maybe for the next year but you don't long term on the phone while places one place gas prices can go and that's up.
You have two billion people waiting to live American style -- like 4040 right now there's only doing to those people on the globe -- -- point where that's gonna triple.
-- have those people wanting the same -- alive we have.
Is that phrase nowhere to go but up that's always a red flag to me makes me wanna short whatever market you're talking about what about the idea that we.
Maybe someone figures out how to get up that.
Ten times more energy out of every unit of gasoline that they actually use and engines right now.
What do they created new technology that blast apart entry to an entirely new paradigm such that -- cat gas could go down to 2%.
Absolutely that's a possibility can't tell me it's only can go up.
121000 times what we -- guess right now in May be the -- full of gasoline I think that's about as likely as back.
So right now you don't.
We're headed towards higher gas prices let me if I told -- in January we be looking at three dollars for -- now you'd probably be surprised we're back above -- that.
Yes -- in -- gas prices to continue to rise that would mean that the economy is turning and that things are getting -- economy turns people have jobs we start making more money.
Is created it things are built projects manufacturing happening people making money nobody really cares.
That maybe they have to pay a little bit extra at the pump quite frankly we're seeing people moving out of the urban areas into suburbia for interest in space.
Better help better living better -- So it away we're -- totally opposite of what you're saying.
I'm not sure that we are really collapsed in -- -- New York game or almost a million people in the 1990s.
That's New York City and nobody noticed because New York is built to handle it that's the kind of infrastructure that -- cities -- The future higher gas prices places like Dallas to Denver and Atlanta.
We're gonna have an advantage I didn't.
Out of Manhattan this big accident that Manhattan because of rent price Christopher Ward Just about out of time on this about what -- gasoline is at twenty dollars and it.
A gallon give me and I got two questions for it.
The year started talking and looking 102030 years out and also where wouldn't get where -- been available or will be if gas is at twenty dollars.
This is decades in the future clearly -- -- will be several hundred dollars.
But -- some more exciting things like you're saying the per unit prices on things that could affect our food most definitely.
Instead of getting an apple from New Zealand -- get an apple -- making a lot instead of getting beat from halfway around the world that's -- -- local.
You know there's movement we see now because that's what people want in the future will be because we need to have local because of Christopher Steiner existing customers just think stuff I love the -- man -- thanks for joining us man thank you.
Filter by section