posted on Nov, 11 2010 @ 12:29 PM
reply to post by wisintel
Energy is only one component of what oil is used for in the broader global economy.
Oil is used to make so many different things we take for granted that if we did run out, I can see a scenario where it would take 90 years to replace
the infrastructure, and the overall oil-based products that make up so much of our daily lives. Everything from computers, to car tires, to
pharmaceuticals, to basic plastics and medical equipment. Much if not all would have to be replaced. This includes energy.
What I'm saying is that energy would only be one component of many concerns we would have to deal with in the event peak oilers are correct. And when
adding the impact oil has on everything, it seems more plausible to say 90 years. The article goes into detail about how long and why it would take so
long for world markets to deal with this crisis, if there actually is one that is.
I'm not saying we should run for the hills on this or anything...There are plenty of other factors collapsing the US and world economy as it is.