The energy situation in the world shifted in 2005 when conventional oil [easy-to-drill] production peaked. Now prices are too low for producers and too high for consumers. This problem gets worse every day as remaining conventional reserves are drawn down at a rapid rate.
Large amounts of debt have been created to pay the difference between what the consumer can afford and what the producers need. This debt is a bet on future growth.
But there is no more growth. There is no more cheap energy.
Wars over oil/gas will get worse. More production and pipeline facilities will be attacked as they are spread out and very difficult to protect.
This will just make the markets more difficult and produce more war. It's a feedback loop.
Large amounts of debt have been created to pay the difference between what the consumer can afford and what the producers need. This debt is a bet on future growth.
But there is no more growth. There is no more cheap energy.
Wars over oil/gas will get worse. More production and pipeline facilities will be attacked as they are spread out and very difficult to protect.
This will just make the markets more difficult and produce more war. It's a feedback loop.
