kblincoln
What I should have said

Previous Entry :: Next Entry

Read/Post Comments (4)
Share on Facebook



peak oil

I was just browsing through salon.com and read an article about how
some oil survey experts are saying that we are going to hit Peak Oil in
the next 2 years.

According to this article it meant that we will have reached the
most/highest amount of oil available, and that despite global
increasing demand, that the amount of oil production would just go down.

This, while not exactly surprising to me, was very shocking. I did a
quick google on the subject and found many pages, that struck me as
alarmist, but also as people thinking about a future without oil,
plastics, petroleum products. Especially in terms of how the u.s.
economy is currently based on huge amounts of debt and how a sharp rise
in oil prices could effectively upset that precarious apple cart
causing inflation
(http://www.morganstanley.com/GEFdata/digests/20040217-tue.html)

I am freaking out a little bit here. I am imagining a world where there
is little shipping, airplanes are prohibitively expensive, and i am
imagining this in MY LIFETIME.

I was wondering if anybody else had heard of this? Am i just really
overreacting to crazy websites?

(especially this one:http://www.lifeaftertheoilcrash.net/Index.html)

It really started me thinking about things like maybe buying some gold
jewelry for my girls instead of putting so much money into stocks, and
also about which country, Japan or the U.S., might be "safest" to live
in if things really do turn out to be terrible.

Kirsten @ maybe getting herself all worked up about nothing


Read/Post Comments (4)

Previous Entry :: Next Entry

Back to Top

Powered by JournalScape © 2001-2010 JournalScape.com. All rights reserved.
All content rights reserved by the author.
custsupport@journalscape.com