What if peak oil started to yank up the price of gasoline during economic recovery?

i dont know about you but i think jimmy carter was right when he said that we needed to reduce our dependence on foreign oil.





im am quite scared to be honest i think that people are ignorant when it comes to rationing the most important natural nonrenewable resource in all of human history, for gods sake we even use it to make fertilizers and pesticides!!!!





so what if the problem is as big as the petroleum geologists say it is will we use the last bit of oil to make bicycles and solar panels or will we slurp it down in gigantic SUVs?





remember its not about running out its about shortages forcing buyers to bid up the priceWhat if peak oil started to yank up the price of gasoline during economic recovery?
Peak oil has already happened with conventional sources of oil. The number #1 country for the USA that oil is imported from is canada because of oil sands and canada also sends us a lot of finished product (like gasoline) thanks to the refinery ban in the USA. Only 60% of oil is used for transportation. Even if there are solar panels or more coal power plants, currently 99.9% of cars run on a liquid fuel and not electricity.





The US now produces HALF of production from the 1970's, it shows that oil fields do run out.





I expect a mass movement towards electric and CNG cars, it won't be to long for CNG to peak after that happens. Electric cars are expensive compared to gasoline ones. Even though I don't expect the end of the world to happen I expect peak oil will cause economic pain for a long time. There would be a permanent increase of crude oil prices. This would benefit countries that export crude oil and hurt anyone like the united states or china that eats this stuff up. Coal can be converted to diesel which could be used as a substitute for crude oil on cars, however it is expensive to do.What if peak oil started to yank up the price of gasoline during economic recovery?
Although there certainly is an ultimate limit to the amount of oil to be recovered by traditional means, it will not be reached any time during the current economic crisis/recovery period. Additionally, alternative methods of manufacturing oil are being researched, meaning that it will likely be with us even long after traditional supplies are gone (for things like plastics, lubricants, etc., if not for gasoline...hopefully we will have better methods of transportation by the time those methods become truly productive).
It might finally make the West look for alternative energy sources in a serious manner.
yeah right we have enough to last but your leftist and the tree huggers dont want you to know that just ask al gore the biggest liar there is but whatever beleive what they tell you if you are young and black then most of you just go along with dems anyway no ?s ask