The Global Oil Crisis is Imminent
Posted on Saturday 01 May 2021, 18:38 - Energy Crisis
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Q. I realize The HS doesn’t give timelines but is there any indication of whether we have at least a year or two before fuel for gas/diesel powered vehicles can’t afford to stroll the roads?
A. The HS says: "Three major peaks & declines, spikes & falls, will occur with fuel prices. Each time the price increases because of tight supply, a recovery will occur as prices reduce. Oscillations between these peaks will occur, however because almost nobody will believe what we predict and forecast, and the vast majority of humans will not know, these intermediate steps —smaller rises and drops— will look like a part of erratic movements.
This will not be erratic. The cycle is of three, each time the prices and supply climbing ever higher. Affordability will decline gradually across the time required for these three peaks to occur, which will require more than a decade of human time.
The first events and resulting peak price spike, is imminent. Fuel will remain available, however more expensive.
Prices in constant terms, adjusted for currency inflation, will quintuple overall. In many places on Earth, the majority of the price paid by the consumer represents taxes; attempts to make fuel less expensive by reducing the tax load will be made, however these will not address the initial cause of the higher price, which is reduced supply.
As each event occurs, the percentage of motor vehicle and other users of fuel who find the product too expensive or unaffordable, will increase. This change will not be abrupt, but over the course of the peaks and supply decreases, will greatly reduce the use of motorized vehicles.
Electricity storage battery cars will seem to be a solution, but will not be over time. The challenge will be availability of batteries, caused by transportation bottlenecks and restrictions. Purchase price, longevity, ongoing maintenance and repairs plus replacement parts will remain very expensive for a while. Electricity is going to get more expensive, also. Getting replacement batteries will become a real challenge.
Fuel will remain available for emergencies, at super high cost because of demand.
Author: The Earth Shift
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