I can't believe how dismissive and disparaging the first few comments are. Denial is not a river in Egypt, guys!
There is no doubt that without plentiful cheap oil we never would've made it to 7 billion. And although the US peaked in the Seventies, world oil production (conventional) peaked several years ago and is now in irreversible decline. The total C+C peak (crude plus condensate) probably peaked in the past year or two, but we'll only know for sure when we recognize it in the rearview mirror. Today a lot of the production decline is being deliberately obscured by double-counting, like corn ethanol which takes 1 barrel of oil equivalent (BOE) for every 1.1 BOE it yields.
In other words, it's crunch time, and the world's leaders can see it all too clearly. The arable soil is depleting at a shocking rate, cheap fertilizer and transport are coming to an end, and the heating climate is drying up fresh water resources worldwide.
The human population will decline precipitously in the next two or three generations, and there is no way to prevent it. If you were an elite, would you "let Nature take its course," or would you manage the dieoff in such a way that the existing power structure persisted as long as possible?
Remember the Roman empire: decline is a generational event, although it's punctuated by crises and cataclysms. I don't expect The Big One to play out in the next decade, although we'll surely see more resource wars, more plagues, and widespread starvation in the developing world. All I can do is to seek to live the way my grandparents did - connected to community, self reliant, and not expecting an easy or luxurious life.
"The greatest shortcoming of the human race is our inability to understand the exponential function." - Albert Bartlett
From Capitalism To Democracy
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