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05/26/2012

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H Read

This is really more of a question than a comment.

1. We appear to have reached peak oil production of circa 75mbd (also reported at 84mbd but includes other sources).

2. if #1 is true, oil prices wil eventually reflect the economics of finite resources.

3. Our food and its supply is highly dependent upon oil.

4. The US has not made any serious attempt at making the necessary adjustments to a world without an energy surplus.

5. The US presently maintains a conventional military capability far larger than any reasonable threat from other countries.

6. The US economy won't work with high oil prices.

Given the above framework, will the US see high energy prices as an existential threat and use its overwhelming conventional (and nuclear) capability and simply seize the oil on the Arabian peninsula?

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