The dark shadow of Peak Oil looms ominously over America

For those who scoff and say that Peak Oil is a misguided, unproven premise and that it’s only a matter of time until we see the development of alternative energy sources, they do so at their own peril and ours. This development currently is unable to gather any momentum because of the massive lobbying efforts of the big oil companies and the lack of action by the U.S. Congress which bends to their every demand. Even when alternative sources are developed the scarcity of oil in the world will be so widespread that the alternatives will not be able to offset the huge losses for many years. These naysayers, many with connections to Big Oil, do not fully understand the many ramifications of this issue and totally ignore established facts.

Peak Oil is going to happen and we are in the beginning stages. So how will this entire scenario evolve so that it will directly impact our current lifestyles? Well, as the demand overwhelms supply the competition between the major oil consuming nations to acquire oil, the U.S., China, Japan, Russia, and the European nations, will become very tenuous. At the same time the oil producing nations will cut back on oil exports to guarantee their own supply into the future. And, when these events take place, the entire world will realize that it has entered the era of Peak Oil.

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