Peak Oil

REAL EVENTS -> The world's production (extraction) of oil is reaching the peakand no longer can produce MORE then the demand from countries like USA, CHINA, India and others.



Using this chart, you can clearly see the very significant increase of the oil prices since 2004.....let's debate the causes...

1. Geopolitical Conflict in Iraq, Nigeria, Venezuela, Afghanistan and more
2. Increase steady oil demand from CHINA, India, and USA?
3. Oil Depletion - aka Peak Oil (Production or extraction rate slows...with increased demand)
4. Lack of new Oil Fields being found.
5. World Environmental restriction on drilling in natural reserve.
6. World Over Population....

The world is on it's way to a World Energy War, Iraq war is just the tip of the ice-berg. The world war will start when IRAN got attacked and those who had big OIL contracts with IRAN (China?) will start to be trigger happy on the red button. IRAN vow to disrupt oil supply if their interest is attacked, and when that happens...it's the end of life.

Let me explain the importance of a long period of time WITHOUT OIL.

1. There shall be DARKNESS, with majority of the world heavy dependence of OIL, Natural Gas, and other fossil Fuel to generate electricity...there shall be millions of people who cannot afford the high OIL price thus live in darkness. Unless there is alternative like hydro-electricity or nuclear...which will be more or less more expensive when demands starts to increase.

2. There shall be violence, when crops that are heavily Dependant on Oil Base pesticide and natural gas base fertilizers, Oil consuming heavy machinery to plow, seed, water, harvest, package, transport, deliver to your shopping market. Without food, people will starve and when that happens...?

3. Almost everything we see in front of us is oil base by product....imagine losing them? Research on OIL Base product and be amazed.

4. Economy will crash, when the world is going through inflation and depression many people with outstanding debts will be bankrupt when the OIL prices reaches $100 to $150 per barrel...because they no longer can afford transportation cost, electricity bills, heating bills, food cost and many highly needed medical cost.

5. Global warming will accelerate when the world starts burning more COAL and generate more CO2 gases to the air, causing the world warming to a unbearable state....are you warm yet? Fresh water is going to be a very scarce commoditiy....

Jam it back in, in the dark.