Human population is still increasing in a finite resource world.

Even if the growth remain stagnant, the declining supply and abundant of fiat currency will keep the price up.

I don't think the oil bubble will burst just yet, instead we would see more wars to try to take the resources.

Right, it would burst.

Everyone please tweet "@SpeakerBoehner Why was an International Gas Pipeline suggested, without any form of drop in gas prices projected?"

Fracking + the Middle East/Russia etc.

It's coming.

1. The human population is still increasing, with the exception of Europe Japan.
2. The standard of living is increasing, thereby increasing the per capita consumption of oil and gas.
3. The value of USD is going down, there by increasing the Dollar prices for oil and gas.

1. Oil production is increasing faster
2. Renewable resources are being pushed everywhere
3. The US is an oil and motor based economy and they are slipping on innovation in motor and energy. Once that changes so will the economy.

The oil production is not increasing in proportion to the increase in demand.


As of now, all the renewables consist of a very tiny fraction of the overall power fuel generation. The proportion might increase over time, but an increase from 1% to 2% doesn't mean anything.  


Technology has reached saturation point as far as motor energy is concerned.

Supply of the US Dollar is increasing logarithmically for sure. I doubt that the situation is same with other currencies as well.