Re: Peak oil
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There is nothing that can replace the scale and economy of oil when it runs out.
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Even Peak Oil fear mongers don't claim we're running out, just that it's about to get so expensive that it will turn the economy upside down. Saudi Arabia, the country who far and away profits the most from oil, doesn't come close to the profits ExxonMobile or Chevron see. Businesses that make that much money have no desire to drive away their entire market by demanding that it pay whatever price they set. Oil companies make oil expensive, IMO, not out absolute dependance on it. A recession in our future? Probably. Mad Max? Nah.
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