RobsHouse.net

The above list clearly shows the world’s dependency on hydrocarbons (oil, natural gas, coal). Everyone knows that hydrocarbons are a finite resource and will run out one day. However, the general belief is that we have at least two or three decades before this event happens. The surprise is that on a planetary scale conventional oil may be peaking NOW, and that problems begin NOW when production levels off and then starts to decline. The growth of the world economy needs energy, and if oil is peaking then the energy to grow can no longer come from oil. Unless an alternative to oil is found and developed, the world economy will stall and then contract in step with declining oil supplies. In truth, the population of the planet is faced with an emergency unlike any world war or plague or other disaster in its experience. We can fight like rats over a declining resource until no oil and no people are left, or we can work together on a planetary scale to usher in a new post-hydrocarbon era of peace and prosperity for all.