By peaked in 2005, do you mean the part about production lagging demand from 2005 - 2007? If so, already seen it. We of course had a drop in 2007 because the economy tanked and oil got really expensive. This is the kind of change expected when things are working well. In the past few years, production has recovered significantly as non-conventional supplies have made up, so the 2005 peak doesn't resemble what is described in peak oil where production falls faster every year than the year before it. Besides, we should also be talking about hydrocarbons (http://en.wikipedia.org/wiki/Civic_GX), not oil.
Of course, if the outcome is going to look like the '70's and '80's, I'm not going to argue, but most of us weren't growing our own food out of necessity then. Such things happen and will happen again, they're kind of happening now to some extent.
Credits & Style Info
Talk Politics. A place to discuss politics without egomaniacal mods
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
(no subject)
Date: 2/5/13 23:40 (UTC)Of course, if the outcome is going to look like the '70's and '80's, I'm not going to argue, but most of us weren't growing our own food out of necessity then. Such things happen and will happen again, they're kind of happening now to some extent.