Peak oil futures: same crisis, different responses
Peak oil theorists predict an impending terminal decline of world oil production, with no adequate alternate resource and technology available to replace oil as the backbone resource of industrial society. Instead of endlessly debating whether peak oil theorists are right or wrong, let us simply ask what would happen if they were right. Based on historical case studies I suggest that there would be different reactions in different parts of the world, ranging from predatory militarism to authoritarian retrenchment and the mobilization of local resilience.