RobertImig_110207 - Robert Imig Prof. Hess Peak Oil and...

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Robert Imig Prof. Hess Peak Oil and Resource Collapse Peak oil is a new emerging problem which the world is confronted with. The problem is that oil may be at its peak of production, “oil production is close to it's peak value and is not likely to increase too much more.” (Staniford 7) This is fine except for the fact that the world is expanding and growing every day. More cars, more factories, and more buildings require more fuel to run these things. If oil the oil supply were to decrease while the demand is increasing, which is likely to happen, there would be a problem. Gasoline could be priced at $10-15 per gallon. This would impact the public greatly. The need for renewable energy and fuel replacements would significantly increase. Oil is not the only resource that may be in danger, though. “More than half the world's people depend directly on croplands, rangelands, forests, and fisheries for their livelihoods.” (Brown 1) These resources may be in danger of exhaustion as well. The only way to stop this from happening is by implementing a government controlled
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RobertImig_110207 - Robert Imig Prof. Hess Peak Oil and...

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