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oil hits around 2010 to 2030, we will automatically have reductions in usages because the price will skyrocket. The more that is wasted for these eternal wars will also deplete it that much faster. It may be a race, global warming vs running out of deposits, but we will be forced to cut consumption very soon from everything I have read.
Yeah, we have shale, tar sands, etc., but the extraction is extremely expensive therefore there will not be much affordable fossil fuel available. There will be far fewer jets in the sky, cars on the road and many businesses will either convert energy sources or fail.
Wasn't the last big find in the North Sea (biggest in five years) supposed to last 5 days at current consumption?
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