Continuously less and less (paper abstract)

Abstract

The fundamental enabler of our industrialized American way of life is continuous access to enormous quantities of inexpensive nonrenewable natural resources (NNRs)—energy resources, metals, and minerals. Unfortunately, future NNR supplies will be insufficient to perpetuate our American way of life, for both geological reasons and geopolitical reasons.

Geologically, an ever-increasing number of NNRs are near, at, or past their peak production levels; NNR supplies available to the US are or will soon be in terminal decline.

Geopolitically, our foreign NNR suppliers, who are also our competitors for remaining global NNR supplies, are becoming less willing to export their increasingly scarce NNRs to the US in exchange for our continuously devaluing US dollars and our unrepayable US debt.

Since our continuously declining domestic NNR supplies are woefully inadequate to enable our American way of life, and our imported NNR supplies will decline continuously going forward, we will experience permanent NNR supply shortfalls in the not-too-distant future that will cause American society to collapse.

The following paper presents quantified evidence to support these contentions.

The paper provides a comprehensive analysis of 58 nonrenewable natural resources for which the US Geological Survey and US Energy Information Administration keep current and historic production, pricing, and utilization data. Specifically, the paper assesses the extent to which NNR supplies available to America are becoming increasingly scarce, and the extent to which America is vulnerable to an imminent and permanent NNR supply shortfall associated with each of the 58 analyzed NNRs.

Finally, the paper discusses the implications associated with NNR scarcity and NNR supply shortfalls on our American way of life and American society.

Supporting data tables, NNR myths, and possible sources of error associated with the paper’s analyses and findings are provided in the appendixes.

(Ed. note) Download the pdf here.