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Ninjavenom Ninjavenom is offline
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Old Jan 4th, 2005, 08:11 PM        Thanks, Baby Booomers.
http://lifeaftertheoilcrash.net/

Quote:
In practical and considerably oversimplified terms, this means that if 2000 was the year of global Peak Oil, worldwide oil production in the year 2020 will be the same as it was in 1980. However, the world’s population in 2020 will be both much larger (approximately twice) and much more industrialized (oil-dependent) than it was in 1980. Consequently, worldwide demand for oil will outpace worldwide production of oil by a significant margin. As a result, the price will skyrocket, oil-dependent economies will crumble, and resource wars will explode.
Please reassure.

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