Food vs fuel wars just beginning

The Western industrial nations went about developing their economy at a fast pace. The basis for this development was cheap oil. From 1945 all the way to the present day, cheap oil seemed to be a bonanza with no end in sight.

As a consequence of cheap oil, the society that developed was based on the internal combustion engine – the motor car. Even though some Americans have been aware of oil running out sometime in the future, the country still consumes oil as if the supply will last forever.

ChinaDaily