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Originally Posted by cmac2012
Elaborate. Examples. Evidence. Etc.
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As Bot pointed out, oil is finite. And there is a great deal of evidence to suggest that we've hit peak production. Most of the huge oil fields throughout the world are declining, Canterell, North Sea, Gawawar, North Slope of Alaska, Venezeula. Currently the world is pumping about 85 million barrels of oil a day. We will probably never be able to pump more than that, and output will begin to decline in the not to distant future. Yet we continue to pour billions into "transportation" projects that amount to nothing but building more roads instead of looking for better more effiecient way to move people. Much of Hussiens stimulus bill will continue to spend billions on a transportaiton system that is likly to be obsolute in the not to distant future. By the way did you get the phrase "great disruption" from Kunstler?