The end of civilization and the extinction of humanity

…Oil supply — at the level of the field, county, state, country, or world — follows a bell-shaped curve; the top of the curve is called “Peak Oil,” or “Hubbert’s Peak.” We passed Hubbert’s Peak for world oil supply and began easing down the other side about two years ago. We’ll fall off the oil-supply cliff next year. Because this country mainlines cheap oil, it is easy to envision the complete collapse of the U.S. economy within a decade. The Great Depression will seem like the good old days when unemployment approaches 100% and inflation is running at 1000% per year.


Obviously, this is a very good thing