I think that when talking about peak oil to the average person who isn't aware of the problem, they seem to think that market forces will find a solution to the problem.
Here are some of the comments that I get from people:
"The world isn't running out of oil, it's just getting harder to find"
"As the supply of oil decreases, people will tighten their belts in anticipation of higher oil prices".
These comments are quite true. What I'm worried about is the impact on society. If the world currently produces 82 million barrels a day and world production goes down to 75 million in 5 years from now what will be the impact on the economy?
When we adjust our consumption it will mean that our capitalist economy will shrink. Many people will lose their jobs and be thrown on the streets. There will be a lot of civil unrest.
All of this, and we haven't technically run out of oil!
How will the decadent citizens of the West react in the large cities? Will the US political center move towards the radical right or the radical left? Imagine a 2012 US election where the sensible moderate is a Pat Buchanan-type candidate running against an outright Nazi. Or maybe Ted Kennedy might run as a stanch conservative against a Leon Trotsky type candidate?
Peak oil by itself could be a problem that might be fixable. But we live in a world where peak oil and a combination of the following factors:
Peak Oil + Nuclear proliferation
Peak Oil + Ethnic and racial problems in the large cities of the Western world
Peak Oil + Possible Ice Age (we are approaching the end of the 11,500 year cycle in between ice ages!)





