posted on May, 12 2004 @ 06:49 PM
The primary reason being why we can't predict from the past when it come to energy production is that there are alot of alternative possiblities in
the very near future some of which are available now, Solar, Tidal, Wind, Geothermal and Hydrogen. On the horizon is Fusion, Space Based Solar
Collection, and Anti-Matter. The demise of Oil is a good and beneficial, even though it will be painful and impact alot of people. So in a way you're
right but it won't happen globally, It'll just happen to the country's that didn't reduce thier dependance on Oil early on and implement
meaningful regulation to phase Oil out. Sound familiar?