It really is quite simple, we have hit peek oil a few years ago and the search for oil in the arctic north is made a lot easier if the vast ice shelf is removed by global warming. The last vestige of such a resource could prolong the death of oil based industrial complex for another 3 years or so. The total impact of peek oil has began to be felt by earths global population after the incredible rise of a barrel price of oil at around 150 dollars on a few short years ago. When that priced peeked, it was a shock to the global financial market that exposed many financial pyramid schemes in it's wake, thus the beginning of the end for oil. In the not to distant future oil prices will sky rocket from it's present day price, making inflation the next population killer. Exchanging something other for oil technologies, are promising but the road block put in the way by global warming deniers is slowing the full potential of development of such technologies. The entire gigantic collection of oil based products is going to wreck havoc on the consumers demanding these products, until something new can replace oil. It is very easy to actually sit down and start listing things made from oil, one tire takes 7 gallons of oil to make and yes the assumption that building 50 million electric cars to ease the demand of fossil fuels is a quaint notion but those same electric cars need 4 tires per car don't they. For hundreds if not thousands of years the earths population stayed relatively stable at about a 1 billion people. The advent of the Industrial revolution made it possible to expand the planets population to 7 billion people. Oil based Fertilizers made it possible to feed this ever growing population around the world, it is estimated it takes 10 oil calories to produce 1 calorie of food. What is going too happen too food production if their is no oil to produce food? I'm going to stop rambling for now and let my fellow current posters ad articles to this post as you deem necessary!
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kennymotown
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