Originally posted by mm
omfg 40 years!
/runs aroud the room in a panic
40 years may seem like a long time but its not.This is something that concerns many economologists, politicians and scientists.
Almost everything that uses energy uses oil.
Economists:
There are probably billions of cars traveling on the streets using gasoline, factories that work with fuels produced from oil, countless of fuel consuming flights made everyday ,ships making trades using oil, electricity...almost everything that uses energy is based on oil.
Before the oil runs out its logical to expect oil supply decreases with higher demand which leads to oil price increases.When the price of oil increases transport, production, trade and almost everything else\'s price increases.
We know that result due to oil price increase because it also happened in the 70s (due to political reasons though).
Probably many countries will suffer from a great depression
Scientists:
It will be hard to adapt all energy consuming facilities, vehicle owners , planes etc to a new form of energy in a matter of a few decades.
Politics:
So whats going to happen?Probably political crisis as to who\'s going to exploit previously unexploited areas that have oil, and from whom, in what price and under what conditions other countries will have to purchase oil from.
Originally posted by Living-In-Clip
God damn, I feel dumb after reading Uni\'s post. It\'s like Y2K all over...... "THE WORLD IS COMING TO AN ENDDDDDDDDDDDDDDDD!!!!!!!!!!!!!!11111!!!!!!!!!!!11[/size
Indeed you are dumb.I didnt imply such a thing.But nice effort for trying though.
