
A simple case in favor of Peak Oil. Enjoy.
" And it doesn't matter much whether we're literally at the peak, or whether production can rise by a few million more barrels a day; unless there are big sources of oil out there, we'll be feeling peakish for the foreseeable future. "
This is going to generate lots and lots of problems.
A. The cost of living in the southeast/southcentral portion of the states is more than double the cost of living in other parts of the country. Utilities are amazingly vulnerable in spite of being ungodly expensive. People more than 15 miles from work making minimum wage will not be able to afford a commute. Most towns are small, and work of any kind is hard to come by.
B. Food banks are already in crisis. Local news shows empty shelves in several charitable organizations. One local shelter was condemned by the city a few weeks ago...the only one in town. Social workers are trying desperately to relocate the 30+ people who were participating in the shelter's assistance program. Thousands more are headed for the streets.
C. The tension is in the air. People are more distracted, more angry, less considerate, more aggressive, less trusting. My law enforcement is understaffed.
D. It's going to be a long, hot summer.
I lived there for 26 years.
Utilities, rent/leases, maintenance, private transportation, technicians, construction....all of these are indecently expensive across this region.
This is just the beginning. Wait until we go into Iran and really drive the prices up.
Amazing what a dollar increase in the price of oil will do in just a couple of months.
Now get ready for another dollar increase. This kind of thing is called doubling, Very few americans have a clue as to what the implications of "normal growth rates" mean.
This video by retired professor Bartlett is a must view for anyone to understand the implications on the math that has been passed to the public as normal growth.
I'm wondering how long the corporate sector will continue to absorb the losses without passing them on to the public. It can't be much longer before pressure starts to really send prices across the board up.
Let's just say that the costs that are right around the corner will leave a growing number of folks without the ability to cover their costs. And at a time where the society could very well be facing a downturn for most poorer folks.
We've got some serious events coming up very soon.
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