When the world depletes its supply of petroleum, what do you think will be the reaction of nation-states?

You all know its about to happen (probably within the next 50 years). I think there will be 2 possibilties, 1 we find another source of energy that petroleum supplied for or 2 we all mutate and adapt. What do you all think to the above question? (purely opinion or try to back it up with facts if you'd like).When the world depletes its supply of petroleum, what do you think will be the reaction of nation-states?
We could all go solar electic or ethanol based.





Or most likely we all become ROAD WARRIORS like MAD MAX, and I'll be dating some guy with a hugh mohawk!When the world depletes its supply of petroleum, what do you think will be the reaction of nation-states?
Since its inception, the petroleum industry has been controlled by the very greedy.





John D. Rockefeller got busted for having a monopoly,,,,,,,,,,,And what do we have today?





Well, I read this morning that crude oil from the mid-east is still being produced for about $10 a barrel,,,but being sold on the commodities exchanges for well over $60 a barrel.





Some facts everyone should know about:





1. Worldwide there are only 2 oil commodity exchanges, New York %26amp; London.





2. Worldwide there are only about 12-14 big oil companies that buy, transport, refine, manufacture, and sell the products that are derived from oil.





3. Gasoline prices are at an all time high!





3 A. Could there be some type of ';Collusion';???





4. ExxonMobile, headquarters in Irving Texas is the largest or second largest ';Net Worth'; company in the world and is setting all time profits quarterly on their annual reports......at the consumers expense.





5. Apparently, there is currently No Shortage of Oil!





6. A Guess! Many members of Congress, the Senate, and Mr. Bush's appointees have substantial interests {stock?} in the oil industry,,,,,If there indeed is once again a semi monopoly being perpetuated in the oil industry wouldn't it be in the stock-holders best interests to,,,,';Look The Other Way';????
In the dustier, less fashionalble and poorer parts of the world, rioting, famine and starvation.
uh..it is not about to happen..you have no clue whatsoever how much oil is untapped, more than anyone knows..that is, it's incalcuable how much there is..more huge fields are found all the time..heck, we got plenty right here in the good ole usa that democrats refuse to let us tap...50 years...WRONG!
There are hundreds of years worth of fossil fuels in known reserves, it's not going to happen any time soon. And by the time it does happen, we will have perfected a new energy source ( at least the global warming hype is doing on thing beneficial ).
When the oil runs out, the govts of the world will make wars over water.
bush will go outta business and end the war in iraq knowing thats was the only reason he invaded it
I don't think the oil will deplete in 50 years or so. I think there are still vast amounts of oil still untapped. They are now reomoving oil from the tar sands in Alberta Canada. They are new drilling rigs off the east coast of Canada. Although in Michigan last week I paid $3.79 a gallon its still cheaper than a cup of Starbucks coffee and my car will go a lot further, I will have to stop my car and get rid of that cup of coffee within 3 or 4 hours anyway.
Relax KD ..





and stop worrying ...





we got on quite well for thousands of years without good ol '; petroleum ';





and when its all done and gone ..





we will invent something else to take its place


we already have for many purposes ....








in ............. electricity





....................solar power





..............hydro electricity





.......wind power





..nuclear power





etc





etc





where there is a will ...





there is a way ..





stop worrying and now get a good nights sleep......





but don't forget to turn off the light !!!!!
Eventually, it will be more cost effective to switch to other energy sources. The consumers will eventually drive the market place as the cost savings increase.