posted on Jul, 21 2005 @ 12:51 AM
Peak Oil is a reality, and I for one am relieved that the "dirty" era is almost behind us. Dirty in reference to the way it burns as well as some
of the underhanded government's that we have to deal with to secure our energy.
Peak Oil will create a new industry in America, one that for the last 6 decades has been reserved for military and governmental use.
In fact, it has already begun. The president want's more Nuclear Power plants constructed before 2010. This will lower our dependency on oil. This
will create new markets for energy companies to leap into. I see our dependency on oil dropping by 10's of millions of barrels per day. Entire
industrial zones will be powered with nuclear plants.
This will drop our costs in production, as it will be powered by a cheaper energy source. Once the trend has poliferated enough, we may even be able
to compete with China in low cost manufacturing.
This could possibly even lead to America being the dominate energey provider for the Western Hemisphere, selling off excess energy on the grid to
Mexico and Canada. Further cutting the world economy's need for the black crude. In fact, would it be to far of a strech to presume that our
government has plans in place to become a major player in the business of selling energy? I see this already.
As the world's most modernized countries wean themselves from oil, more of it becomes available to the rest of the world. With more available,
supply increases, prices drop. This will allow underdevolped contries a great opprotunity to expand and industrialize. As their growth becomes
expotential to ours, they will transition as well.
Oil has kept most of the world down, while the rich get richer. I heard that only 30% of the world's population has a need for modern energy.
Perhaps its to expenive due to the fact that the larger, more powerful nations have been hoarding it.
I see a lot of potential for change here, it doesn't have to be bad, although it may be a little rocky at first. There are alternative's out there,
we just have to look for them. Once we find them we have to retool our commerce and manfucturing processes to incorporate them.
It's the end of an era, not the end of the world.