PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: Raymond Duray who wrote (103)	2/20/2005 12:18:01 PM
From: kryptonic6	Read Replies (1) of 1183

"The age of constantly increasing energy availability (and thus our growth-based economic system) literally ends the day the peak oil event occurs." This is true. The AGE of constantly increasing energy availability does indeed end the day oil production peaks. After we peak, no matter how hard we pump, production cannot be physically increased to meet demand. Thus, the age/era of our growth-based economic system must also end very soon after we peak, since economic growth is impossible without increasing energy availability. This is NOT to say that society collapses the day after we peak. Again, I think we are on the same page here. Jesse

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