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06-06-2008, 09:09 AM #1
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Such a fascinating era we are living in
I think that when the end of oil comes there will be major changes in all the developed nations of the world. If you live in a third world country your day-to-day life wouldnt likely change much (unless you rely on aid from foreign countries for the bulk of your resources) because those countries don't run on petroleum.
The petrocountries of the world are going to be in for some drastic change. Most notably is going to be the US where the american love affair with the car will have to end (or at least change). Countries will become increasingly isolated as fuel costs skyrocket. Shipping costs will make it all but impossible to import some products and difficult to export products that may be the life blood for various economies. Air travel for the purposes of recreation will be something affordable only by the super elite, that 1/10 of 1% of the population who control most of the wealth.
Oil is really the central issue here, almost all things happening in the world today can be traced back to petroleum in some way. America is in a war for oil (go ahead a dilute yourself if you dont belive that). Many economies that are involved in the world market are oil-based economies. Companies traded on the open market are valued under the assumption that their oil supplies will never dwindle (would Exxon be worth anything if there was no oil?) when those petrodollars dry up there will be a massive shift in wealth from oil-based companies to those companies that can be run sustainably.
The US economy is already seeing the beginnig of this. Gas is now over 4 dollars a gallon and some people are becomong to afford driving to work. The end of suburbia is inevitable. How can anyone afford to commute 20, 30 or even 40+ miles to work everyday when gas gets up arround ten bucks a gallon.
Of course it might not be too late to change to more sustainable sources of energy, but one way or the other I think the world is in for some drastic change and not necissarily for the beter, at least not at first. I guess its the old saying that thigs are gonna get alot worse before they get better.
I do really hope I'm wrong though.Esoteric416 Reviewed by Esoteric416 on . Such a fascinating era we are living in As I sat here on my desk getting stoned I thought of all the new changes that are about to erupt. The oil crisis, global warming, the conflicts with Iran, America's declining economy and so on and it seems that the more I read up on the news the crappier things are getting. I'm not saying there's gonna be a whole new social revolution or America is going to crumble or whatever, but regardless there is no doubt in anyone's mind not just in America but in the entire World, that shit is about to Rating: 5
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