All of my adult life I have always wonder how finite oil might be but never took it any further.

Over the past year or so, I have bought and read a couple of books and I have to say that they do not paint a very rosy picture of civilization as we know it. Resource wars, famine, some have suggested that this current situation in Iraq and possibly Iran in the future may be the bigining of a 3rd world war as countries may think that the US is trying to dominate the Middle East oil supply. contro; world oil prices to benefit them, which could cripple other countries economies, among other things.

I'm not saying I believe all of that stuff. The people that wrote those books have a very pessimistic attitide which helps them sell those books.

What I do believe is that at some point in our future, we will run out of "cheap" oil, meaning that the oil that remains is more expensive to extract, and process, causing major price hikes in the US that will hurt the economy.

Does it ever cross your mind?

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