The Permanent Energy Crisis

Welcome to the permanent global energy crisis. Though experts differ on when the precise moment of “peak oil” (also known as the end of cheap oil) will come, few deny that it’s on the way. Already, supply is tightening, even as demand surges, pushing the price of oil (and gas at the pump) skyward. Increasingly, countries are scrounging the world for additional supplies and competing for a declining pool of essential petroleum, most of it located in politically unstable corners of the developing world
The above is the broad argument of Blood and Oil: The Dangers and Consequences of America’s Growing Dependency on Imported Petroleum, by Michael T. Klare.


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