Are we screwed? - oil/wheat/water shortages

[mr_whomp]

I dont really think the problem is high prices. Really even if oil is expensive and everything begins to cost more its not like the world is getting shat on. The real problem will be in 40-50 years when the oil is dried up, or not extracting quickly enough to meet all demand and then governments are going to have to ration it out. I could see this starting a lot of wars. And i think the US took a good first step by taking control of the Iraq oil fields.