Page added on April 5, 2006
Once a person assimilates the idea that peak oil and its consequences are imminent, it radically changes one’s world outlook. Nearly every issue one confronts will be affected by peak oil. In the last 100 years, oil has become so pervasive in our civilization that few issues or individuals will be immune to the reduced availability and much higher prices that will soon be upon us.
At the top of the list of problems coming with the peaking of world oil production are all manner of economic troubles. Optimistic students of peak oil say, at best, we are going to have a great depression lasting a couple of decades. Pessimists write of much worse. The bottom line is the good times much of the world has enjoyed for the last sixty years will not last long.
Falls Church News-Press
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