Re: Top 10 oil fields (Cantarell kaput)
IMHO, we will eventually find a replacement. God and technology work in mysterious ways.
I think, being hurt by peak cheap oil is not so bad as it seems. It will take a while (years, if not decades), especially taking into account we will soon have peak cheap everything (some serious inflation). Eventually, with the help of god and technology, we will adjust.
A bigger problem is not the absence of the future "boom". It is the willingness of Americans and citizens of other Western countries to sacrifice their freedom and traditional culture for more "security" and universal gov't "solution" for their economic problems. This process is very destructive and much more damaging than peak cheap oil.
Originally posted by ThePythonicCow
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I think, being hurt by peak cheap oil is not so bad as it seems. It will take a while (years, if not decades), especially taking into account we will soon have peak cheap everything (some serious inflation). Eventually, with the help of god and technology, we will adjust.
A bigger problem is not the absence of the future "boom". It is the willingness of Americans and citizens of other Western countries to sacrifice their freedom and traditional culture for more "security" and universal gov't "solution" for their economic problems. This process is very destructive and much more damaging than peak cheap oil.
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