U.S. military warns of oil production shortage by 2015RTWT. (h/t Glenn)
The U.S. military thinks we're one step closer to peak oil, the point at which oil demand will forever outstrip oil supply, and therefore we're one step closer to fighting over the last rusting cans of gasoline like so many scraps of meat. On the plus side, we're also one step closer to finally equipping our cars with superchargers and massive gas tanks rigged with explosives a la Mad Max and his archetypal peak-oil sled, "the last of the V-8 Interceptors."
I hope my M14 comes in by then . . .