Why?

1. The military was obsessed with bunkers of all kinds. This country looks like a Swiss cheese.

2. The military and the government was preparing for the last war, WW2, when we were cut off from oil imports for several years.

The rationality of the market...

And the rationality of government: all that oil was sold at bargain basement prices years ago.

Peak oil is not an energy crisis. It is a liquid fuel crisis.