"...supply and demand will become so out of balance that gas stations in several regions of the country will simply start to run out."

 

Does not compute. The way supply and demand usually get out of balance is through government interference with the market place in the form of price controls or rationing or high taxes, etc.

 

Is he implying that the federal and state governments are going to increase gas taxes to artificially reduce demand?

 

But I would look for $4.00+/gal gas this coming year on the grounds that the dollar's value is falling due to government indebtedness and federal reserve money printing to help monetize the debt ("quantitative easing").

 

The dollar (USD) is now worth less than a Swiss Franc (CHF). In 1972 it was worth around four.

 

Start hedging by buying gold and/or stable foreign currency.

 

 

 

There exists no stable foreign currency anymore. It would be better if you know how to trade comodity. Otherwise, spare some money for prepping. Food, water, guns, ammo, fire starting, energy, fuel, lighting, medical supply (this is a large chunk and expensive. Many items from anti-biotics to sutcher kits) etc.

Remember that about 20% of the cost of each barrel of oil is based on speculation (sometimes more depending on the origin of the oil). 

 

Also, many of the recent oil finds are in very deep water, require drilling through salt lenses, etc. and all governments are coming down hard on the offshore oil industry after the BP screw up. 

Only the Uncle Sam is coming down hard on the offshore oil drilling. Brazil, Cuba, China, Russia and Mexico are all doing the same in the Caribbean.

Off of their own coasts the regulatory boom has been lowered.

 

 

Also, I'd like to point out that the predictions of a Mad Max future with metals as currency and a rough and ready life style are best suited for the world's peasants.  No, and I mean no, hardened outdoorsman, redneck, survivalist is ready for the day in, day out hardships that today's urban slum dwellers and rural villagers, nomads and tribesmen AND HOMELESS experience every day of their lives.

 

 You might think you can, you may have packed into the wilderness for a couple of weeks or even months.  But you get to come home to a hot shower, a fridge, a soft bed, electricity, etc.  For the people I listed above, there is no refuge from hardship, hunger, disease, bandits or wildlife.  It is an everyday experience for them.

 

And the "madmen" of the modern world may be the ones that fare the best in anarchy, no holds barred living.  Killing men, women and children for daily subsistence.

 

Be careful what you so-called anarchists wish for, no one in the western world is prepared to run down their prey with a spear for the rest of their lives.

 

May I call you baNanas?...because that's what you've gone.

 

This 20% speculation fee...are you talking about the cost of shutting the lights off on our oil-based economy, and speculating that there exists a green economy somewhere that will turn the lights back on?

...because that I would believe, although you seem a little low.

 

The oil industry is a pretty decent blue collar living from top to bottom...and it's a product that all but the insane among us want, need and desire.

You're sending untold billions in wages, salaries, profits; entire secondary and tertiary industries, etc. to our good friends The Saudis...because you have a very deep faith in something that doesn't exist.

 

In a Madmax world (God willing) there will still be groups of people who live and work together for common goals (without robbing and killing eachother)...It will be small government, and they'll pour out of the cities like locust to live under it.

A Madmax-hard life, being the reality of everyday life in your democratic fiefdoms already...is proof that they are better candidates for anarchy...How sad is that?