Peak Oil News: Doomsday nearer than you think

Thursday, August 26, 2004

Doomsday nearer than you think

It takes a little common sense to realize that every link in the economic chain is powered by fossil fuels. Cars, airports, docks, factories, water treatment plants, food processing centers, basically all metals, plastics and most usable materials are all derived from fossil fuels.

Extreme estimates predict that between now and 2050, as oil reserves dwindle, various global assaults will take place in order to control the world’s remaining supply.

Take solace in the fact that these are the most extreme estimates. But even the most conservative estimates predict life will change considerably.


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