The chart above is from http://tinyurl.com/EWGs2013View
If the chart showed Net Energy, the peak would be lower - and earlier - and the downslope would be steeper. (See, for example, Figures 2 and 3, and the explanations that go with them, here: http://netenergy.theoildrum.com/node/5500 - the net-energy truth is closer to the second than the first.)
In addition, if Michael Dittmar is right about uranium, and he likely is, the decline immediately ahead will be even steeper due to less and less nuclear energy being available. (See this article on Peak Uranium: http://tinyurl.com/TheEndOfCheapUranium)
Bottom line, since readily-available, high-net-energy fuel - the sort of fuel that the world has come to depend upon - is now a thing of the past, the "phantom carrying capacity" that this high EROI fuel has created is about to disappear in a hurry.
Every aspect of the world's economy will be impacted, and so too will geopolitics as nations compete for control of the world's remaining energy resources.
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