Science Forums 2

[KickAssClown]

I will point out a major player in the growing price.

It is simply the laws of supply and demand.

As oil consumption grows (at an alarming rate, I would like to find the info again but I believe it was like doubled consumption per decade.), and with the industrialization of several major players, who will over take the world's economic powers, namely India and China, the consumption rates are just going to leap either geometrically, or expodentially.

At the same time, the number of new sources being discovered, decrease, and the ammount of worth while oil shrinks.

Our Supply to Demand ratio greatly begins to sag towards one side.

I predict that our oil reserves, world wide, will exhaust in or before 2020. Luckily that will also be our level out point, roughly, where world-wide population should go into decline.

We are sucking through the straw, and the cup is only half full, with more people sticking their straws into the cup...