Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Oil isn't likely to become scarce overnight. Realistically, you're talking at least a five to ten year period of rapidly rising prices, which is long enough for mechanisms like rationing and biofuels to eke out supplies along with crash programmes to move away from petro-chemical based argiculture. It wont' be pretty, but it won't be the aftermath of WW2 either.
by Colman (colman at eurotrib.com) on Mon Sep 24th, 2007 at 08:43:21 AM EST
[ Parent ]

Others have rated this comment as follows:

Carrie 4


Occasional Series