The Council on Foriegn Relations publishes a study of world energy problems.
Strong economic growth across the globe and new global demands for more energy have meant the end of sustained surplus capacity in hydrocarbon fuels and the beginning of capacity limitations. In fact, the world is currently precariously close to utilizing all of its available global oil production capacity, raising the chances of an oil supply crisis with more substantial consequences than seen in three decades. These choices will affect other U.S. policy objectives: U.S. policy toward the Middle East; U.S. policy toward the former Soviet Union and China; the fight against international terrorism.
Meanwhile, across much of the developing world, energy infrastructure is being severly tested by the expanding material demands of a growing middle class, especially in the high growth, high-population economies of Asia. As demand growth collided with supply and capacity limits at the end of the last century, prices rose across the energy spectrum, at home and abroad.
Think about this and think about how much the current convenient lifestyle we enjoy is worth to you. Would you go to war? Would you want to pick and choose which third world countries people are expendable?
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