Peak Oil won't trigger a Mad Max dystopia. It will trigger pretty much what we've been seeing lately: ongoing financial crises and instability, deflationary pre

Peak Oil won't trigger a Mad Max dystopia. It will trigger pretty much what we've been seeing lately: ongoing financial crises and instability, deflationary pressures, growing unemployment, low/zero growth, etc. Please review the link above. You just have to look at oil production costs to know something has changed and continues to change. It's just not the 90s anymore. Many, many drillers need $80 oil to be solvent. The global economy can't afford oil that expensive. Every time it climbs up towards $100 we get a big economic slowdown and oil price crash to much lower levels.