Friday, September 3, 2010

Military Study Warns of a Potentially Drastic Oil Crisis

by Stefan Schultz from Der Spiegel.

Given the predatory nature of capitalist elites, is there any doubt now as to why the US, with its huge military, has been invading and occupying nations and building bases in the Middle East and Eurasia?
A study by a German military think tank has analyzed how "peak oil" might change the global economy. The internal draft document -- leaked on the Internet -- shows for the first time how carefully the German government has considered a potential energy crisis.