Comments for Inflation and the Spectre of World Revolution at http://atlanticfreepress.com , comment 1 to 1 out of 1 comments http://atlanticfreepress.com Thu, 09 Feb 2012 18:40:07 +0100 FeedCreator 1.7.3 http://atlanticfreepress.com/news/1/4468-inflation-and-the-spectre-of-world-revolution.html#comment-5800 Peak Oil and inflation can bring about revolution and more likely anarchy as governments collapse. Without communications and transportation there is no government, nor revolution. Here's my take on the Peak Oil future: According to energy investment banker Matthew Simmons and other independent forecasters, global crude oil production is now declining, from 74 million barrels per day to 60 million barrels per day by 2015. During the same time demand will increase 14%. This is equivalent to a 33% drop in 7 years. No one can reverse this trend, nor can we conserve our way out of this catastrophe. Because the demand for oil is so high, it will always be higher than production; thus the depletion rate will continue until all recoverable oil is extracted. Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. We are facing the collapse of the highways that depend on diesel trucks for maintenance of bridges, cleaning culverts to avoid road washouts, snow plowing, roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, transformers, steel for pylons, and high tension cables, all from far away. With the highways out, there will be no food coming in from “outside,” and without the power grid virtually nothing works, including home heating, pumping of gasoline and diesel, airports, communications, and automated systems. This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: http://www.peakoilassociates.com/POAnalysis.html I used to live in the USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? - Clifford J. Wirth, Ph.D. Wed, 06 Aug 2008 15:55:38 +0100