Cheap foreign labour ain't so cheap anymore
Moderators: Alyrium Denryle, Edi, K. A. Pital
Dude, oil peaking does not mean that wells run dry all at once. It only means that production begins to decline. There will be plenty of oil after the peak; five years after the peak, there'll be as much oil produced as there was five years before the peak, ten years after we'll have as much as ten before, etc. The chief difference is the price: the industries will be in rich countries that can afford the oil.Pelranius wrote:This is all assuming that we have enough oil to run any industries anywhere in the world once peak oil hits.
A Government founded upon justice, and recognizing the equal rights of all men; claiming higher authority for existence, or sanction for its laws, that nature, reason, and the regularly ascertained will of the people; steadily refusing to put its sword and purse in the service of any religious creed or family is a standing offense to most of the Governments of the world, and to some narrow and bigoted people among ourselves.
F. Douglass