Reply #3: There are a few silver linings to world oil production peaking [View All]

[GettysbergII]

1) Maybe without a limitless supply of cheap energy the international megacorporations will be unable to finish raping the planet and triggering a global warming "tipping point".

2)The lack of cheap energy will eventually put an end to international capitalisms grand plan of globalization. Cooperative but automoneous local economies will be the rule of the land even within national borders. Everything will have to be downsized.

3)For mankind to survive nations will have to learn to efficiently share rather than ruthlessly and inefficiently compete for new technologierws and diminishing resources. Otherwise it'll be the cockroaches turn in another million years.

However, what will be remembered most in the short term is the great die off of humans as diminishing oil supplies no longer allow the planet to support a population of 6 billion particularly with an inefficient economic system whose main purpose is to produce money for the few rather than meet the needs of the many.