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NickB79

(19,355 posts)
14. And if countries start beating the war drums over the remaining oil resources?
Tue Dec 27, 2011, 05:02 PM
Dec 2011

Your analysis is well-reasoned if applied to a rational, logical world. We, unfortunately, don't live in such a world. Things such as political unrest and even resource wars are a very real possibility, not just due to Peak Oil but also climate change as food resources are strained.

I wouldn't count on a nice, orderly decline in oil consumption when so many nations that depend on it also have massive weapons inventories at hand. For example, just today Iran threatened to close the Strait of Hormuz to oil exports: http://www.reuters.com/article/2011/12/27/us-iran-oil-hormuz-idUSTRE7BQ0I320111227

Things are getting fun indeed.

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