by KaiserJeep » Tue 15 Mar 2016, 19:25:23
I think conventional oil wells peaked around 2008. What that means is that half to available supply was consumed. The rest is harder to get to - depleted wells, tar sands, shale, etc. The first half was consumed over about 150 years. The second half, because of high demand, goes far more quickly. I think it will happen in 4-8 decades, with a first guess of 60 years - 2076 AD. For a couple of decades before that, pricing is very high, that's when it becomes unaffordable.
It won't be a collapse IMHO. It is best described using Kunstler's terminology - The Long Emergency. It has already begun. Things will slowly get worse for the rest of your life, and fairly desperate for your children.
I'm not one for conspiracy theories. However I do believe that the 1% has engineered and caused to occur the deliberate extinction of the Middle Class, via globalization, erosion of educational standards, and the seamless replacement of democracy with oligarchy. In a few decades, there will only be the elites and their toadies, plus the peasants - and the peasants will live short, uncomfortable, and unhealthy lives.
Except those who choose to leave a dying world and enter the new frontier of space.
KaiserJeep 2.0, Neural Subnode 0010 0000 0001 0110 - 1001 0011 0011, Tertiary Adjunct to Unimatrix 0000 0000 0001
Resistance is Futile, YOU will be Assimilated.
Warning: Messages timestamped before April 1, 2016, 06:00 PST were posted by the unmodified human KaiserJeep 1.0