Above all, and most immediately, we face the end of the cheap fossil fuel era. It is no exaggeration to state… — James Howard Kunstler
Above all, and most immediately, we face the end of the cheap fossil fuel era. It is no exaggeration to state that reliable supplies of cheap [and easy-to-find hydrocarbons like] oil and natural gas underlie everything we identify as a benefit of modern life. All the necessities, comforts, luxuries, and miracles of our time–, , , , , , , , , , surgery, the , you name it–owe their origins or continued existence in one way or another to cheap fossil fuel. Even our nuclear power plants ultimately depend on cheap [and easy-to-find hydrocarbons like] oil and gas for all the procedures of construction, maintenance, and extracting and processing nuclear fuels. The blandishments of cheap oil and gas were so seductive, and induced such transports of mesmerizing contentment, that we ceased paying attention to the essential nature of these miraculous gifts from the [deep] earth: that they exist in finite, nonrenewable supplies, unevenly distributed around the world. To aggravate matters, the wonders of steady technological progress under the reign of oil have tricked us... [in]to believ[ing] that anything we wish for hard enough can come true. These days, even people in our culture who ought to know better are wishing ardently that a smooth, seamless transition from fossil fuels to their putative replacements... lies just a few years ahead… [but] this is a dangerous fantasy. The true best-case scenario may be that some of these technologies will take decades to develop–meaning that we can expect an extremely turbulent interval between the end of cheap oil and whatever comes next. A more likely scenario is that new fuels and technologies may never replace fossil fuels at the scale, rate, and manner at which the [industrial] world currently consumes them.
p. 2Source: Wikiquote · CC BY-SA 4.0
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At the start of the oil glut, a climactic set of economic relations took shape led by Prime Minister Margaret Thatcher (and joined eagerly by President Reagan and his advisors) that would be called “globalism.” It was not so much a new idea as the logical and inevitable result of mature self-organizing systems elaborating themselves under the influence of renewed, immense energy inputs—the ultimate cheap-oil way of doing business in the closed system [in respect to matter] that is the planet Earth. It entailed the maximization of short-term profit and the minimization of care for future generations. It was the ultimate generator of entropy.
p. 219
Globalism was operated by oligarchical corporations on the gigantic scale, made possible by cheap oil. By “oligarchical” I mean that power was vested in small numbers of people running large organizations who were not accountable for their actions to many of the people who were subject to those actions. By “corporation,” I mean a group enterprise given the legal status of a “person,” with “rights,” but in fact devoid of any human qualities of ethics, humility, mercy, duty, or loyalty that would constrain those rights. As Wendell Berry put it, “a corporation… is a pile of money to which a number of persons have sold their moral allegiance… It can experience no personal hope or remorse. No change of heart. It cannot humble itself. It goes about its business as if it were immortal, with the single purpose of becoming a bigger pile of money.
p. 186
It is assumed now that human beings, prompted by the market, will employ ingenuity to discover a substitute for oil and gas, once the price starts to ramp up beyond the “affordable” range. This assumption is apt to prove fallacious because it ignores the fact that the earth is a closed system [for matter], while the laws of thermodynamics state that energy can’t be created out of nothing, only changed from low entropy to high entropy, and that we have already changed the half [or perhaps a fraction] of our [planet's] oil endowment that was easiest to get into dispersed carbon dioxide, which is now ratcheting up global warming and climate change, which might well put the industrial adventure out of business before human ingenuity can come up with a substitute for oil. The [fraction of] solar energy [that was] stored for millions of years in oil [and was easy to extract] will now be expressed in higher temperatures, more severe storms, rising sea levels, and harsher conditions for the human species, which, despite its… technological [and scientific] achievements, remains a part of nature and subject to its laws.
p. 194