The Pnebleu Blog

It is pretty well understood that there is a finite amount of oil left in the ground. The rate we are pumping it out continues to grow as more markets open up in developing nations. Most likely within my lifetime the impacts of a decreasing and harder to reach supply will have severe consequences on the world economy. As the price of traditional energy increases, so does everything that uses it, crashing the economy.

When oil is gone we are going to have to move to other high density energy sources or face human disasters the world has never seen. Wars, famine, disease, and the breakdown of today’s society. Clean coal and nuclear energy are the most easily expandable sources of energy within the small time frame we have left. Cars will have to be moved to electricity to plug into these sources. Alternative energy will continue to be researched, but I don’t see them replacing oil as the dominate source of everyone’s energy.

Within the next few decades, increasing petroleum prices will wreck havoc on our economy and individual lives. I’m not sure we will be able to survive as we are now. Populations are probably going to decrease, as food costs are going to go up. People will leave the cities because they can’t afford to be there, and more land will revert back to farms. What ever happens, the end of oil will be painful.