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Did someone seriously say peak oil? FYI, average US gas prices today are cheaper than 1 year ago and have only gone up 13% over the last 5 years!

Sure, the best indication of the amount of fossil fuels left for our use it the price of gasoline in the last several years. Your comment seems like kind of an non sequiter. In any case, you yourself said: the poorest in society have ... the lowest levels of education and experience. This reminds me of something I read in maybe NatGeo, it was about conservationists trying to get local tribesmen to stop killing some severely endangered mammal. The conservationists said, "But if you kill all the (animals), there won't be any to eat anymore." The tribesmen just looked at them like they were crazy and replied, "There have always BEEN (animals), so obviously there will always BE (animals)." This is alot of peoples attitude towards oil. "How dare these educated elites try to tell us how the world works?"

We've finally found the way to keep gasoline cheap - global economic disaster. That is very true. Global Economic Disaster has led to LOWER oil prices. Unfortunately, I'm afraid that we will find out that, on the other hand, HIGHER oil prices will lead to Global Economic Disaster.

by kinverson on Jul 13, 2012 5:51 pm • link • report

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