Long ago I used to write huge first post that no one wanted to read because of their size. So I will not do that in this thread. Especially since links say alot.
For the last few years I am doing my own internet research about the subject and pretty every source says that the demand will outgrowth the production in a near future (max decade or two) or that it already did a few years ago. Especially since the demand is rapidly growing due to the economic boom in Asia. While the only people who disagree are the once that are saying something among the lines that Jesus will come back and start turning water into oil.
So here is what the wikipedia says
And here is what one fairly good article say on the subjet.
Which of course would not be the problem in the case that everthing depend upon the oil : transportation , construction machinery, food production , banking sector, army , chemical industry , mining industry, .... which are currenty spending about
80 000 000 barrels a day globaly.
So my question is: Can someone debunk the idea that we going into the unprecedented energy crisis on the global level ?
Btw keep global warming out of this thread. We have plenty of other threads for that topic.