Deals Quote by Michael Klare
“The global supply of oil is going to decline because we've used up a good deal of the easy-to-get oil. We're going to reach a point in the not-too-distant future when it is impossible to keep increasing the daily supply.”
About This Quote
Source Article: The End of Cheap Oil, 2008
Oil reserves are depleting; easy extraction is ending, leading to a future where supply cannot keep up with demand.
In simple terms: Oil will become harder to obtain.
Key Takeaway
Plan for sustainable energy alternatives.
Themes
energy crisis
resource depletion
economics
Mood
concerned
urgent
Type
analytical
forecasting
When to use this quote
- energy policy
- investment decisions
Key Concepts
geopolitics
environmental science
Questions to Reflect On
- How will societies adapt to reduced oil?
- What alternatives are most viable?
A Different Perspective
The timeline may be uncertain and influenced by technology.
![“The world will soon start to run out of conventionally produced, cheap oil…. We [will] start to run out of all fossil fuels by the end of this century.” quote by David Goodstein](https://sms4smile.com/quotes/img-quotes/ab3/david-goodstein-63670_century_the-world-will-soon-start-to-run-out-of_2923357.jpg)
![“I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? Thank you America. [salutes]” quote by Bill Hicks](https://sms4smile.com/quotes/img-quotes/3d2/bill-hicks-970_america_i-ll-smoke-i-ll-cough-i-ll-get-the-tumor_655.jpg)
