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Peak Oil

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Javaman

(63,245 posts)
Mon Feb 20, 2012, 11:41 AM Feb 2012

What Happens After 'Peak Everything'? [View all]

http://seekingalpha.com/article/376201-what-happens-after-peak-everything

Those of us investing in the resource sector are likely to be very familiar with the concept of "peak everything" -- the notion that the world is running out of critical natural resources that can be economically mined. Oil, phosphorous, copper, coal, lithium, neodymium, water, and many others have all been prophesied as being past peak production.

A key caveat to the notion of peak everything is the issue of economics. If new technology can be devised to make these resources cheaper to extract, the whole issue of peak everything could be set to rest.

But at least in the immediate sense, the notion of peak everything is alive and well. Peak oil is already here and is driving oil prices higher. Peak water may be here as well. There are lots of others, too, but even if just those two are true -- oil and water -- the implications are enormous: Higher oil costs could mean higher energy costs all around, and the end of water could easily be interpreted as the end of life. That's a grim picture -- not just for your portfolio, but for everything else too.

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