Jordan Allen-Parkman - Comments

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Will You Be Alive When We Run Out Of Oil?
6 years ago

An issue with these peaks resource numbers is that they are based on current reserves and consumption rates. Oil companies are constantly finding new resources as they expand their networks with their vast fortunes. Also, these companies are well aware of these resources being finite and have already begun creating new energy divisions at their companies. They don't want to lose any money, so they are going to make sure that they always have a revenue stream somewhere. I imagine that within 50-75 years, the main consumers of fossil fuels will be militaries and newly industrializing nations.

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