"Deal With Reality or Reality Will Deal With You" This is such and important subject to business and future business plans that to avoid thinking about it would be remiss on my part and the iZania family's part. I urge everyone to inform themselves on 'Peek Oil' as it will effect your business plans and to read fully the article that I have presented from the "Life after the oil crash" web site:
http://www.lifeaftertheoilcrash.net/
Oil is increasingly plentiful on the upslope of the bell curve, increasingly scarce and expensive on the down slope. The peak of the curve coincides with the point at which the endowment of oil has been 50 percent depleted. Once the peak is passed, oil production begins to go down while cost begins to go up.
In practical and considerably oversimplified terms, this means that if 2005 was the year of global Peak Oil, worldwide oil production in the year 2030 will be the same as it was in 1980. However, the world’s population in 2030 will be both much larger (approximately twice) and much more industrialized (oil-dependent) than it was in 1980. Consequently, worldwide demand for oil will outpace worldwide production of oil by a significant margin. As a result, the price will skyrocket, oil-dependant economies will crumble, and resource wars will explode.In a similar sense, an oil-based economy such as ours doesn't need to deplete its entire reserve of oil before it begins to collapse. A shortfall between demand and supply as little as 10-15 percent is enough to wholly shatter an oil-dependent economy and reduce its citizenry to poverty."-- continued:
http://www.lifeaftertheoilcrash.net/
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