On the topic of oil.
As the world economy progresses forward further, rising up from the current global recession, oil will soon cease to be the most used fuel in most countries in the coming decades. Its use will be replaced by other combinations of man-made fuels that will replace oil. These man-made fuels will be the combination of materials that we have easily accessible for us to manufacture such a fuel. It then will be used to power vehicles, run machinery and other mechanical devices that in the past needed oil as a fuel to do the job.
Mankind will become extremely creative in creating the multitude of substitutes that will eventually take hold around the globe as the alternatives to oil and its uses. Many uncountable experiments will be generated to explore all the possibilities with these new alternatives that are safer for the environment in terms of burning cleaner fuels, and the consumption factor will be taken into consideration, matching supply and demand when necessary without an unnecessary over supply. When the demand rises, the supply can just be as easily created to meet that demand.
When that time comes, oil production will be something of the past and financial wealth will change hands just as quickly as the power nations manufacture these substitutes to supply to the world’s demands.
Then the oil mongers and producers will also scramble to get onboard this technology as they no longer can generate income from oil production as in the past generations. As one door closes, a new door opens to embrace the new world of fuel production that will fuel our new world.
