We may be at or near peak oil, but we will never run out...
Let me justify my opinion...
There will almost always be new oil discoveries, small as they may be...
Oil will continue to cost more as it becomes scarcer...
At certain price points consumers will start being priced out of the market and will have to revert to alternate transportation methods...
When and if the price exceeds $100 a gallon, auto technology will most likely achieve really hi MPG (VW has stated 80+ MPG Diesel Hybrid is viable right now) and the US military uses a modified Kawasaki DIESEL motorcycle that get a round 160 MPG I believe.
Wasted trips will become a thing of the past and the Sunday drive will fade away, the rich will still drive as needed and the rest of us will ride a form or public transportation or scooter...
Governments will subsidize diesel for AG use and tightly regulate it for food production...
Anyhow my opinion...
Let me know yours...
I for one am planning on dome home off the grid self sufficient intentional communities to live in...




