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4dsc

(5,787 posts)
Sat Feb 18, 2012, 10:14 AM Feb 2012

Peak oil unable to avert energy crunch

A report issued in February 2010 by the US Joint Forces Command stated that "by 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day."

It goes on to say that a severe energy crunch is inevitable and "one should not forget that the Great Depression spawned a number of totalitarian regimes that sought economic prosperity for their nations by ruthless conquest." One hopes that this is not the US agenda - or is it?


http://gulfnews.com/business/opinion/in-the-pipeline-peak-oil-unable-to-avert-energy-crunch-1.979624

Its coming folks and there is nothing we can do about it.
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Peak oil unable to avert energy crunch (Original Post) 4dsc Feb 2012 OP
I would reluctantly say we are well into that agenda already. Put it will not be for the little jwirr Feb 2012 #1
It certainly is coming and it's not going to be pretty. neverforget Feb 2012 #2
Too bad no one will care until TSHTF 4dsc Feb 2012 #3

jwirr

(39,215 posts)
1. I would reluctantly say we are well into that agenda already. Put it will not be for the little
Sat Feb 18, 2012, 03:00 PM
Feb 2012

people.

 

4dsc

(5,787 posts)
3. Too bad no one will care until TSHTF
Mon Feb 20, 2012, 12:02 PM
Feb 2012

I wonder what the reaction of the American people would be if this was on the nightly news?

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