The world as we know it is about to come to an end. There’s no stopping it, there’s nothing you can do to prevent it and there is very little hope. That was extremely depressing, but it’s the truth. The movie, “A Crude Awakening” told about the history, present, and future of the oil crisis that will completely collapse our economy, food supplies, traveling abilities, and consumerism. In other words, if you decide to stop reading right now, go start living life because how good we have it right now will never come back again and it’s going to end in the next 20-30 years.

The History of Oil: Simplified

The movie starts with how we found oil and how we’ve been using it at an incredibly fast rate. It used to be that we were finding around 6 barrels of oil for every 1 that we used. It slowly moved down to about 1 finding for every 1 that we used and in 2008 we’re using around 6 barrels for everyone 1 that we find. That’s why oil prices are going up. A basic rule in economics is that as demand goes up, prices go up, and if supply is going down that price will increase really fast. Oil production and therefore supply peaked around 1970, so oil supply has been staying the same for around 40 years. However, if supply stays the same and demand is increasing exponentially then oil prices will continue to increase. The reason a gallon of gas has gone up to around $4.00 a gallon recently is because we are running out of oil, we still have some, we’re using it, and there’s very little chance of it running out say tomorrow, but it will run out in the near future. Oil is a petrochemical hydro carbonate that has constantly been being created over the past 200 million years and over the past 200 years we’ve pretty much used all of it up. Researchers like M. King Hubbard, a geologist for the Shell Corporation, back in 1970 have been discussing it for years.

Oil Prices: In Depth

If you’ve filled up your car, watched the news, or lived in the world there’s a term that I think you should know because we are going to be hearing a lot of it sooner than you think. It’s called “Peak Oil”. It refers to how M. King Hubbard discovered way before his time that oil production was going to peak at a certain time when the easy to obtain oil was going to dissipate. This has already happened and we’re seeing it with extremely high-energy prices today. As I said earlier, prices are going up because demand is increasing and supply is staying the same and maybe slightly decreasing. Demand is increasing because well, there are more people that want gas. China and India both want to live the same way Americans do and all of the 1st world nation’s populations are increasing so all of them need more gas.

Petrochemical Use: Just Cars or Do We Use Gas For Other Things Too?

The answer to that question is a most definite yes. We need oil to make cars, computers, fertilizer, fuel, any plastic product, and a large proportion of the electricity and power generated comes from oil. So if we run out of oil then none of these things will exist. A replacement has to be created. Say what you want about environmentalists, but at least they’re trying to protect our society and way of life.

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