QUOTE(Loser_Musician @ Nov 19 2006, 06:29 PM)
Because some countries will no longer be using that much oil. Thus creating a less of a demand for it.
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I don't think you get it.
The only reason people will stop using it because it will deplete.
The only way for the value of it to go up will be for the supply > demand.
Since the demand is directly correlated to the supply, the value won't decrease, i'd even be suprised if it stayed the same.
QUOTE
The only way for the value of it to go up will be for the supply > demand
A surplus does not raise value. It's the other way around.
There's a factor in demand called expectations for the future. Oil is feared to run out within this century. The closer that fear becomes a reality, the more
incentive companies and countries will have to switch their automobile designs to be able to run on an alternative resource.
I see what you're saying, but you've just been looking at the shortage. I can gurantee you, not many car companies are gonna make a lot of money when gas prices literally triple. They'll be marketing smaller, more gas efficient cars.
(Like they've been doing) And eventually those smaller gas efficient cars will become half gasoline run.
(Like some are doing) And that will eventually lead to most new cars being 100% non gasoline run.
(Like most car manufacturers wll be doing by 2036) And once most cars in the world are no longer dependant on gasoline, the value of it will drop.
You must stand corrected, MicAar. The oil is going to run out, and new care enviroment systems are coming out. They are still using somewhat gas dependant cars because the new systems aren't fully ready to function yet. Because gas will run out, companies are now producing more and more for the prices to go down, and eventually deplete. (But oil will never go extinct in our world, for Antarctica still exists with tons of resources but not developed
) Do you know how the oil prices will go? It will go like this. One day its 3 dollars per gallon, the next day it will be 200 dollars per gallon, and it will be just useless stuff another day. People will have to find out how to make more rubber and plastic without oil man =/
Question: Why did this topic of "Axis of the 21st century" turn out to be a oil's decline topic?
Just for fun, how about this for WWIII:
In order to assert control over the remaining fossil fuel resources of the world, China, Russia, India, South Africa, Iran, Argentina and Venezuela all begin pressuring their neighbors, with an eye of African and Middle Eastern resources.
The major players in europe, Britan, Spain, France, Germany, Italy, Poland, and Turkey gather their forces while the Axis powers fight mainly ill-equipped third-world armies. North and south korea have reunited into a democracy with a lot of potential but not much power as yet, Taiwan joins, Japan has rearmed, and Austrailia fills out the pacific arm of the allies. The United States has finally ground to a halt with its tireless military spending and is as yet unprepared to field an army of more than a few hundred thousand. Canada, Mexico, and Brazil round out the Allies in the americas. Pakistan is with them, however Pakistan does not last long.
The numerical advantage belongs easily to the axis, especially in asia where they are the two most populous countries in the world, comprising roughly a third of the population of the world. Technology and logistics, however, are against this great army. The Koreans and Japanese, with their much more advanced armies, score early victories in the defense of their territories, and retaliation against the heart of the axis, however with the entrance of Malaysia on the side of the Axis, and a full-on assault on the Korean peninsula by a massive chinese army, their advantage becomes naught.
The middle east is primarily a battleground. Sensing its vulnerability, and perhaps with no small hint of arrogance, Israel declares itself neutral despite its long standing relationship with the united states. The armies of the region are unable to withstand the Axis, and none except Pakistan are more than a speed-bump on the way to europe. Egypt, Jordan and Saudi Arabia mount a defense at the very edge of the continent, but with their victory over the majority of the region, the axis neglects even to test this defense and proceeds to turkey. Polish, German, and Turkish troops make up the bulk of the Allied army, and the ferocious fighting in this theatre of the war stalls the Axis' advance.
The situation in the Americas is a complex one, with countries like Mexico and Brazil included in the alliance despite tenuous holds over their populations. The united states splits its attention between the atlantic crossing to join the battle in europe, the pacific the the defense of mainland japan and austrailia, and the war at home, including civil disturbance in mexico. Canadian troops are focused entirely on the pacific, and are able to discourage advances from russia across the tundra.
The first nuclear attacks occur almost simultaneously, one by pakistani nationalists on the capital of india, another to begin the amphibious assault on japan. The death tolls of the battles and other crises rise into the tens of millions.
Turkey falls, as well as Japan, battle is joined in africa between an Egyptian and Algerian army against the South Africans in the area below the sahara. Russian troops cross into Poland, and the battle for europe becomes more desperate. Long-range bombing missions from the allied countries wreak havoc on the infrastructure of China and India. The Americas are won, but asia could be at best a pyrrhic victory. At best. For now the tide is still in the Axis' favor. The diplomatic status of nuclear options remains undecided.
An opportunistic attack by Iraqis, Egyptians, and Jordanians for the allies disrupts the axis offensive in europe, but it has progressed into germany now. Austrailia occupies the capital of Malaysia, and the axis is unable to gain ground against the Pacific naval forces of the Allies. Invasion of the chinese mainland seems emminent.
A second wave of nuclear attacks, this one a hundred times as sickening and inhuman as the first sees the Eifel tower fall under a shockwave and disappear under a mushroom cloud. Beijing is wiped off the face of the earth. Perth Austrailia is bombed. Strassburg is set for extermination, but an intrepid aerial defense stymies the nuclear assault. The manigot line is rearmed. The French battle cry is Paris, the Chinese is the same.
The battles drag on, and people eventually tire of war. The fallout is enormous, but full-out nuclear war is averted, somehow.