Scenario for a Sustainable Future
By Jan Lundberg
article/excerpt from:
http://www.culturechange.org/cms/index.php?option=com_content&task=view&id=6&Itemid=2...I am a petroleum-industry analyst, although I last saw any money from the oil industry back in 1988 when I told Exxon and Mobil I was terminating my market research business. My office then became an environmental institute, and I proceeded to get a much clearer picture of oil's place in the world than from my previous sixteen years known for publishing "the bible of the oil industry," the Lundberg Letter. My understanding of oil and energy in the economy and culture has brought me to my present analysis about the end of the United States of America.
Here are my limits on my objectivity: I have no investments other than wanting to see family and friends do especially well in terms of health and happiness in the extremely turbulent phase ahead. I am further biased in wanting the Earth to have maximum biodiversity, but either the web of life holds or it will not. I will shed no tears over the disappearance of General Motors, for example, which is teetering already. Such a corporation -- found guilty for destroying dozens of cities' electric rail trolley service -- is an enemy of the planet and of the people.
The fall of the U.S. may be the swiftest empire collapse in world history. It is obvious that the U.S. population and the nation's infrastructure is heavily petroleum dependent. The U.S. peaked in oil production (extraction) in 1971. The world may be peaking now, as some evidence indicates, or in a few short years. As a severe energy shortage is on tap as soon as the gap between supply and demand is felt by the market, and the Earth gives noticeably less oil than just recently, there will be a cascade of impacts on the economy and people's lives.
So it will not matter how much oil is still in the ground, or if other ways of obtaining and using energy are more renewable and greener: A massive shut down of petroleum supply brought about by market panic and economic collapse will terminate corporate globalism and the political landscape as well.
more at:
http://www.culturechange.org/cms/index.php?option=com_content&task=view&id=6&Itemid=2