If Iran and Israel get into a nuclear exchange - this would mean the USA would survive.

Otherwise - the country would fragment into smaller nations.

This "prediction" may be based on Saudi Arabia oil production dropping to zero. Everyone knows they´ve been lying like crazy about their reserves.

government has never had any place in business.
Revolution is the only answer to what we now have. Wake up.

I find myself wanting to make an exception to free market orientation on oil and would hope we decide not to export any. I´d rather have cheap and abundant supplies here, with the rest of the world having to pay more for less stable sources, in order to maintain a competitive advantage in energy costs that helps to offset lots of our other higher costs. I know that opens up the longer-term possibility of oil exploration being moved to other countries and we´d have to work on that, but cheap energy is an advantage that´s hard for other countries to take from us the way that cheap labor can.

This may not be a good thing...

If the Saudis, who have been THE major funder of Islamic fanatism in the world, see a future of diminishing returns from oil, they might want to accelerate the pace of global conquest to head off the coming social crisis in Arabia when the money spigot is turned off and a large percentage of their poorly skilled population suddenly find themselves bereft of their Saud Family charity allowance.

You can be sure that if this ever happens, it will not start while any Liberal/Socialist/Marxist is in office.

Some years ago I was visited by a distant cousin from Germany. I took him to see the historical marker at the spot where the first big inch pipeline began. It ultimately delivered enough crude oil to the eastern refineries to help us win WWII. He looked at it, read the marker and said," This is how you beat us and won the war."
Something we all need to remember when we speak of our oil reserves and their potential.

I just heard another take on this. The reserves available could produce an economic boom in this country that´s unprecedented - and Obama would help it along. Why? Because the money he would collect from fees/taxes/etc. would allow him to fund a true socialist transformation, with people begging him to stay in office for a third term. Think FDR. According to most of America, FDR turned around the depression, remember.

Don´t worry, your EPA is working furiously to make sure this never happens. You would do better spending your time laying in firewood and dog food. Ah... the Carter era is back...

It would take a long essay or a short book to lay out the basics, but if people matter more than some pseudo-superior devotion to "Gaia," then economical, ample, reliable energy matters, and it matters more than most think.

Take a look at the NASA night-mosaic of the earth. It is superlatively instructive. The correlation between energy-appliers [a better term than the manipulable "energy-users"] and human well-being in every category is absolute. The US, Western Europe, and Japan glow like Broadway. Cuba and North Korea? Each is a literal and figurative black hole, with two spots of light. Guess who, in those countries, lives in those spots of light? Most of Africa is the same, despite its resource riches.

The only real differences are: a. human capital; b. the liberty enjoyed by the populations; and c. right choices trumping power and ideology.

That last is the bugaboo for us. Frankly, we must be far more sensitized to these threats [like the IEA and the UN and the enviro-Luddites], and stop them dead as soon as they are identified.

NEVER HAPPEN...at least NOT for 4 more years.

This would hit Russia in the pocketbook, just as they are trying to leverage their oil into international respectability.
Look for Russia to foment war in the Middle East, to reduce the supply of oil, thereby driving up the value of theirs.