Gas: The good 'ol days 2234

Nope, it had nothing to do with that at all.

It was the war itself that built the immensely strong economy.

And Japan got involved in that war essentially because of the embargo on oil from the US that was the result of sanctions imposed after they f***ed over China before the war had started.

The US economy was so immensely strong as the war ended that it could afford to bail out Japan and Germany and most of europe and ensure that we wouldnt have another one after 20 years or so.

Nope, its never worked like that. The industrial revolution wasnt the result of cheap oil, there wasnt even any crude oil around when we invented that. THATS the real reason why the first world is nothing like the third world and never will be too.

If we could handle the great depression and two world wars, we'd be able to handle the situation where oil is no longer cheap anymore fine.

It doesnt require anything like what WW2 required, just a change to natural gas for a transport fuel and hydrogen once the natural gas supplys start to run down too.

Liquifaction of coal is completely routine too, its just not currently economic at the current price of oil.

The same way we paid for the development of oil.

That is just plain wrong. I dont feel even a twinge.

Havent seen any problem with the cost of food, essentially because the retail price of food isnt affected much even if the food was free at the farm gate.

And the modern reality is that even when stuff is coming from China, its a lot cheaper than it was when the oil price was lowest.

We dont need any bailing out.

We dont need to, its all been done with natural gas for a transport fuel, nukes, coal liquification, etc etc etc.

Its all been done. No need to spend a cent, just wait till the price of oil is high enough to make it worth changing over to say natural gas for a transport fuel at a higher level than its currently happened.

In my country we just dont use oil for heating much at all anymore, its almost all done with natural gas or electricity now.

Nothing really. It was the war itself that provided the immense resources that allowed Japan, Germany and europe to be bailed out.

China and Russia had nothing much to do with cheap oil at all.

Basically depends on how big you want to make them.

Nope, quite a while after in fact.

Irrelevant. Hundreds of years is fine when we can change to nukes once it starts to peak too.

That wont happen if coal is used for plastics instead of oil.

Its far from clear that that will happen.

Global warming may well help agriculture substantially.

You're wrong. It was the war itself that produced that result.

Absolutely clbuttic Keynesian approach, mbuttive deficit spending with the immense industrial production that the war involved essentially disposed of by the war itself so it didnt bugger up the market.

That doesnt work, plant grade fissile material aint what is used in nukes.

No it doesnt. In spade with your silly scenario of extreme civil chaos.

Nope, they were amazingly robust before crude oil even showed up.

And that will happen this time too, you watch.

And if it doesnt and say gasoline prices dont peak again, but stay high, we'll just start using natural gas more etc. You watch.

The most that might happen is that we see sales of SUVs slump, people be more thoughtful about the trips they make etc.

Corse I am. Because there are plenty viable alternatives to oil.

Corse I am. Because there are plenty viable alternatives to oil.

Thats an even smaller part of the retail price of food. Which is why its often come from the other side of the world.

And if the worst comes to the worst and it become as significant part of the retail cost of food, we can just use electric trains to move it substantial distances. Completely routine, doesnt even need any research at all, just do it.

Ditto in spades. Its actually cheaper to get the goods from china even when the cost to transport the goods is included.

And if oil isnt economic to power the ships anymore, they are ideally suited to nuke power. No research needed for that either, we've had nuke powered ships for decades now.

Its completely hopeless.

No it isnt. There's a reason it completely dominates the world now.

Its where the full commercialisation of almost all technology happens first, everything from radio to TV to the computer and PC to integrated circuits to the internet to stuff as trivial as Kentucky Fried Rats to hamburgers to fast food to those stupid shoes to jeans and T shirts to heavy aircraft and space technology etc etc etc.

And it aint even slowing down, most obviously most recently with ebay, google, paypal etc.

Countrys dont work anything like personal finances.

And when we hit a few bumps like the great depression, two world wars, we were nothing like screwed and managed fine.

Even when Germany and Japan were stupid enough to attempt military adventures, they ended up a lot better off in the long run.

When China was stupid enough to buy Mao's bullpoo, it all worked out fine eventually too.

Nope, its all been done, just waiting now till the price of oil is high enough to warrant changing to whats been available for decades now.

It never happens like that in the first world, even with full depressions and full world wars.

The absolute worst that can happen is that the price of oil continues to rise and various alternatives become worth using instead, natural gas as a transport fuel initially and as that peaks, use hydrogen generated using nukes as a transport fuel, with a big bonus in the much lower pollution produced by the vehicles powered with it.

Nope, it was nothing to do with that. What got the Jap economy going again was something as basic as the Korean War and the US having the sense to get quite a bit of the lower level industrial stuff made there, to pee against the wall in that war.

Nope, it had nothing to do with that.

There wasnt that much use of oil after WW1 for example.

All that shows is that the russians couldnt organise a peeup in a brewery.

China has got a completely different result, much better.

Nope.

That is just plain wrong, most obviously with the aggressors.

Nope, what did that was Roosevelt's Keynesian deficit spending.

Nothing to do with oil at all.

Hitler did essentially the same thing to revive the kraut economy, and then peeed it all against the wall on military adventurism.