posted on Mar, 10 2004 @ 12:18 AM
Diverging further off-topic, the world as we know it relies upon petroleum that can be extracted cheaply. According to a great deal of modeling,
which previously proved valid for the American peak of oil production in 1973, we reached the maximum that all wells on Earth CAN produce during the
year 2000. Now that demand, which is accelerating, exceeds supply, "westernized" economies are collapsing.
"The world as we know it" is quite anomalous with respect to most of history. Since the first oil well was drilled in 1859, hydrocarbons fueled
unprecented progress. Because extraction was economical for the last century-and-a-half, countries controlling oil reserves became wealthy and
advanced. But now that our economy is entrenched in exploiting cheap oil, all sectors are hit. Unfortunately, alternative energy was never developed
well and 80% of our power still is from hydrocarbons.
A search for "peak oil" yields plentiful results on the web from authenticated sources which confirm my contentions. Of course, I did such a
search, though also followed oil reserve trends for twenty years. Because I am a licensed professional geologist, this topic is very familiar ground,
so to speak. Indeed, the world as we know it is already vanishing.