Sunday, September 05, 2010

Peak Oil 2012 - Economic Collapse, Cities abandoned and Starvation inevitable as Oil runs out? TNR.v, CZX.v, RM.v, LIT, LIT.v, LI.v, CLQ.v, WLC.v, SQM, FMC, ROC, TSLA, NSANY, BYDDY, HEV, AONE, VLNC, FCX, BHP, RTP, TCK

  This year we have quite a few warnings already about Peak Oil from main stream economists, universities, US military and government agencies all around the world. The question now is not if, but when is it going to happen.
  We have time still, but it is running out very fast. After a certain point in the oil price increase the only concern we are going to have about Electric Cars will be their availibility on a mass scale to preserve our way of life and freedom.

"We expect consumers to shift - on a mass scale - from CVs to EVs, with proof that technology is viable and can provide the same utility but with a Better Experience. The Emotional Drive will be the driving force of this switch of consumer preferences."

"China to Invest Billions in Electric and Hybrid Cars. Nothing will be left to a chance in this methodical execution of state-level plan in China: transformation of the country's transportation system into the base of 21st century clean tech industrial revolution to further power its rise. China has already surpassed Japan as a second largest economy in the world and it is the largest auto market now."

"Military Study Warns of a Potentially Drastic Oil Crisis

More on Peak Oil:

"Oil shock ‘likely’ within decade, warns UK Energy Secretary."

"Lloyd's adds its voice to dire 'peak oil' warnings"
"After the credit crisis – next it will be oil"

"Peak Oil and Apocalypse Then"
"Peak Oil and Lithium: Joint Operating Environment 2010; Oil Supply Concerns"

"The Oil Crunch: a wake-up call for the UK economy"
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