The world after oil

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I think this video is way over the top....

95% of all of our electricy comes form sources that have nothing to do with Oil. We could go over to complete electric cars within a few years.

Tough yes? This no! We could also build more nuclear, solar, wind, wave power to support the new system.

I'm pretty sure we can recycle all of our other needs.
 
Yes, there is plenty of oil or sources that can be, with a big investment of energy, like carogen, made to produce oil. However, the cheap, easy to refine oil is almost gone. From here on out, until we stop using oil for transportation, it will be increasingly expensive. For two factors.

First, worldwide competition to for fuel. Nations like China and India that never used to compete for gasoline and diesel are now in full competition for those fuels.

Second. Now we are actually mining tar sands, and using very heavy, highly sulfer crude. Both cost a lot more to refine, and create much more pollution, than the light crude that we have depended on up till now.

So, you can look for the price of fuel to continue to rise, even as the price of the ev technology continues to decline.
 

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