What is provable and irreversible is the end of cheap oil

2 The End of Cheap Oil: When and Why?: "The issue is not the ``end of oil'', but rather the ``end of cheap oil''." To avoid getting into an apocalypse trap, it may be well to focus on the one thing that will brook no argument. We are reaching the point at which the entire structure of our economic decision-making is effected by the fact that there will be no return to cheap or even cheaper oil.


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