Oil Wars  

Posted by Big Gav

There seem to be a lot of broker reports talking about peak oil these days - here's a Canadian perspective from Safe Haven.

It should not be surprising that you probably would not find many out there who believe we are in the early stages of oil wars that will dominate the first half of this century. And if oil is the commodity of choice in the first half of this century then water will probably become the focal point in the second half of the century. But right now it is oil that is up front. Oil (energy) is the engine of the global economy. Without it we could quickly revert to a Road Warrior type of world run by warlords whose armies fight over the remaining pockets and supplies of oil (energy). That still might be our future baring of course some huge changes in how we run our economies or major discoveries and conversion to alternative forms of energy.

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