Peak Oil For Dummies
Master Domino Are Resource Wars Coming? What Are the Experts Saying? Science Can Save Us Right? How Much is Left?
There is little doubt that crude oil is our world's 'master domino': when it thrives, all other dominoes flourish, and when it tumbles, it does topple all of the others too.
Previous energy transitions were gradual and evolutionary. Oil peaking will be abrupt and revolutionary.
The basic, fundamental building block of the world economy is in danger of becoming extremely scarce.
The doubling of oil prices in the past couple of years is not an anomaly, but a picture of the future. Peak oil is at hand.
The peak oil scenarios portrayed are absolutely not alarmist; they're realistic.'' former CIA director Robert Gates former CIA director.
What people need to hear loud and clear is that we're running out of energy in America.
I continue to believe that the American consumer is the weak link in the global daisy chain. The combination of rising long-term interest rates and higher oil prices puts an unmistakable squeeze on discretionary income--the last thing overly indebted, savings-short US consumers need.'
The end-of-the-fossil-hydrocarbons scenario is not a doom-and-gloom picture painted by pessimistic end-of-the world prophets, but a view of scarcity in the coming years and decades that must be taken seriously.
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