Historically, we've glimpsed the severe intrusion into our daily routines by oil "shortages". The big Arab Oil Embargo in 1973 or so, caused world-wide upheaval socially. It was not an actual shortage of in-ground oil reserves, but rather a shut-off faucet. Several times after, this sort of thing was experienced again. We know what shortage of oil brings about.
Look forward some number of generations when the reserve, the known amount of petroleum in the ground, begins to dwindle to a point where demand far outstrips the supply. Aside from the changes in cost, where should the oil serve best? Who might determine that? Which uses of oil do you feel should be cut back first?
Power plants using oil? Transportation industry, moving goods, food, to marketplaces? Private use of oil (gasoline)? The thousands of industries which use Petroleum as a starting material, plastics, pharmaceuticals, chemical manufacturing, packaging industry, building materials such as roofing, highway paving materials, it goes on and on. Who or what should get allocated first? imp
Look forward some number of generations when the reserve, the known amount of petroleum in the ground, begins to dwindle to a point where demand far outstrips the supply. Aside from the changes in cost, where should the oil serve best? Who might determine that? Which uses of oil do you feel should be cut back first?
Power plants using oil? Transportation industry, moving goods, food, to marketplaces? Private use of oil (gasoline)? The thousands of industries which use Petroleum as a starting material, plastics, pharmaceuticals, chemical manufacturing, packaging industry, building materials such as roofing, highway paving materials, it goes on and on. Who or what should get allocated first? imp