Back in April the Joint Chiefs issued a report stating that by 2015 there could be a shortfall of 10 million barrels of oil a day and stated its' intentions to deal with the issues facing their military needs for oil and also how it might affect global security. Back at the beginning of June (I just found out) the EIA, "the statistics arm of the US Department of Energy" put out a forecast for the next ten years which shows essentially no growth in global oil production.
This has two very scary implications: 1) If America thinks oil supply has peaked, it probably has (well technically it did in the 70s but w/e). 2) Back when America at least allegedly didn't think peak oil was likely to occur soon it invaded Iraq to secure oil there. To function the US Military needs a lot of oil so theres a strong risk / likelihood invading oil rich countries like Iran and Venezuela may shift from a rhetorically desirable position to an outright necessity to keep the Imperialism Machine going. Lamentably China also wants secure oil supplies.
Uh-oh.
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