TAE: Risk vs. USD

[PeakARoo]

Oh, when I say collapse, I mean a complete breakdown of government at all levels.

[Armageddon]

I have always believed that the full effects of PO will never be felt because of a complete financial collapse that is ahead,  and when I say ahead,  I mean VERY soon. 

I posed the question in another thread asking, "what if the US economy collapses? will it postpone peak oil for many years?"

Nobody replied to the hypothetical. I thought maybe the question was a stupid one...

I think you will be able to run the post collapse world on about 20 mbpd and that's being generous. 

[picasso moon]

That would depend upon the extent of such a collapse. The various national branches of TPTB will do what they can to retain power, including mobilizing for war, so if they can do that, i think the demand will soar due to war needs while the supply is further reduced due to war damage/destruction, blockages of transportation routes,.. 

[PeakARoo]

That would depend upon the extent of such a collapse. The various national branches of TPTB will do what they can to retain power, including mobilizing for war, so if they can do that, i think the demand will soar due to war needs while the supply is further reduced due to war damage/destruction, blockages of transportation routes,.. 

I will concede that the fully mobilised war machine will chew through a shitload of oil...