<<<There is plenty of oil out there. The article points out quite clearly that the shortage is due to OPEC production limits, not the shortage of oil.>>>
I continue to marvel at the type of logic that you use...
never mind total collapse of the world order that we have, and never mind that it would take many generations to implement any transition to the alternative energy...(Which of course must happen and will happen...(there is no indefinite supply of cheap oil)
But....here what marvels me...according to you, there is no food shortage in the World, all we have to do is to have US, Australia, Canada farmers to drastically increase production...Food is cheap and getting cheaper to produce, than we shall flood markets with beef, grain, and even with genetically engineered food, rather than see people starving around the globe...Why that does not make sense...(or rather it does but make no ecnomically viable sense, and threatened to plunge US in deep recession...I would let you to figure that one out..<g>
Regards
PS Now trick trivia question....name 3 biggest consumers of US agricultural products (wheat, grains).... |
