Energy: The Grim Future For Our Global Community

In our global community, the markets are intertwined. The energy market is the largest market in the world. Energy effect


There are many consequences of peak oil even beyond the scope of this paper. Among these is the obvious consequence of high energy prices. Other less obvious but more dangerous consequences are commodity wars, hyperinflation, political instability, increased famine, and global recession or depression.

When considering the price of energy, one shouldn