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Politics : Mainstream Politics and Economics

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To: Steve Lokness who wrote (9607)2/17/2012 6:16:11 PM
From: TimF1 Recommendation   of 85487
 
But it is still oil that feeds our habit

Not so much as habit as economically rational behavior. The whole addiction metaphor is rather faulty. Oil is beneficial not like a harmful drug. Might as well say your addicted to food.

at a time there is less and less and less oil.

Not yet if you mean production. If you mean whats in the ground well yes if you pump out some there is less left, but there isn't any good sign that we are about to "run out" (in quotes since of course we will never really run out, but eventually production can decrease and/or cost increase to the point where oil is no longer a competitive energy solution).
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