The Coming Oil Crisis
by Land of Lincoln Dem
Tue Jul 18, 2006 at 07:47:17 PM PDT
I know, I know, it's much easier to just ignore this problem. But life in the 21st century is never short on reminders that we exist in a world of ever-increasing energy needs in which our economy's growth and even its most basic vitality is almost directly tied to our access to a few precious commodities. Petroleum is necessary to continue our current lifestyle and yet our ability to obtain it in the quantities we need becomes less and less certain with each passing day. While there are a number of environmental and climate-related issues tied to the use of this fuel, I won't attempt to address those problems here and they must be reserved for another diary. This entry will be limited to the potential availability of petroleum sources in the near future as well as some of the geopolitical problems stemming from this possible shortage in the long run.
So join me on the flip side for a little history, a little analysis and a lot of "wonk" to find out just what kind of mess we're in...
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