What are the anticipated societal impacts of Peak Oil as sketched in The End of Suburbia: Oil Depletion and the Collapse of the American Dream? Do you agree with this pessimistic prognosis?

1-What are the anticipated societal impacts of Peak Oil as sketched in The End of Suburbia: Oil Depletion and the Collapse of the American Dream? Do you agree with this pessimistic prognosis?

Students will be graded on their definition of peak oil 4pts, on showing how the availability of cheap oil is essential to our civilization 4pts, on understanding how devastating oil depletion would be in that context 4pts and for their own assessment of the issue 8pts. There’s no right or wrong answer to this last question, only sound and cogent arguments supporting your answer.