Website: http://MrEnergyCzar.com What is Peak Oil? Peak oil is not running out of oil. Peak oil is the moment of maximum conventional oil production from the earth. Peak Oil occurred in 2005 at about 74 million barrels per day.
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Do u think there will b world government n rationed food, water n gas…or do u think we will bomb the planet n the elite will head for their fallout bunkers? is there a 3rd option im missing?
With less cheap energy available I think it will be hard for large countries to maintain their reach over their country never mind a world gov’t functioning. I agree with Heinberg and others who believe there will be a constant series of recessions, no sustained growth anymore and a lower standard of living in general. Many cars coming off the roads in certain countries. Cheap food (oil) will end which will limit or reverse population growth… I think oil wars will intensify, they have to..
Amazing!