The commute won’t get you, it’ll be the $10/gal milk, $9 loaf of bread, and $10/lb beef, chicken and pork and 20% price in everything at Walmart, CostCo and Target that will get you.
And what do you think causes high food prices. It’s the oil stupid. 10 fossil fuel calories to create 1 food calorie. For all intents and purposes fossil fuels are food. From the natural gas for fertilizer to mechanized farming.
Peak oil is a reality that is happening now. Production growth stopped 4 years ago at around 85 million bbl per day. Historically this is anomaly. The amount of exports available had been decreasing for 3 years. So what is driving the price is oil importers bidding up declining net exports. Guess what oil is very inelastic. Go figure.
In the very near future we will fall of the plateau and go into terminal decline world wide. This is not rocket science it is just the way oil wells work. They peak and decline, now we are at the point in which the aggregate of all oil wells will start to decline.
Obviously, this will drive the price to a point where you mine as well shut off the economy.
Global warming is irrelevant at this point. Geology will regulate carbon emissions just fine. The whole worlds begging for lower oil prices now. Nobody cares about GW anymore. So don’t you worry.
If you are looking for a conspiracy ask yourself why this point in time has been kept off the radar. It was studied by the gov. in the 50s, 70s and 2005 google “hirsh report”. They all pointed to a peak between 2005-2012.
