Comment Re:Running out......again (Score 1) 180
No I'm an engineer. I have a brain.
Peak oil by definition is the maximum output of oil based on the current level of technology. That value has been re-evaluated and raised every decade since they started pulling it out of the ground. When the easy stuff is gone, they pull the harder stuff, etc. We will never reach a point where they pull all of the oil out of the ground. The funny thing that people do not realize is that the planet is constantly making more oil. (Algae is the base stock that eventually turns into oil.) Of course we have out stripped that supply a long time ago. Eventually all the technologically easy stuff will be pulled out of the ground. After that we will have to start synthetic production.....which has already been a thing for 100 years. I do think within the next decade you are going to see a rapid shift away from oil as a fuel for any small device and for automobiles, but there will never be a time in the future where oil is so rare and so expensive that all industry tied to it will have to shutdown. If you have a source of carbon you have oil. Plenty of CO2 in the air according to the NPCs that we can use to make oil.
House prices are a result of two government actions land zoning and regulation, and the subsidy of the banking industry. Loosen the regulations and quit printing money and you will be shocked how quickly the inflated prices of homes will fall, along with half the fake economy, but thems the breaks.
Wild ocean fish has always been more expensive, but it is a lot cheaper and available everywhere unlike when I was a kid. You wanted fresh ocean fish, you weren't going to get it in Missouri. The only reason is that it seems so expensive is that chicken and farmed fish are so much more incredibly less expensive than they used to be.