ChoKyOTO wrote:What will happen if we have a major blackouts if there is one impeding? And When do you estimate?
I don't think there will be major blackouts in most places. It will depend on what kind of power plants there are in your country. Fuel-oil plants and gas plants are a problem. The rest aren't. From your screen name and your English grammar, I imagine you are Japanese. I believe Japan is powered mostly by nuclear plants. So blackouts shouldn't be your main concern.
ChoKyOTO wrote:Since JOBS are oil-dependent, is it really worth to have JOBS??
Jobs aren't oil-dependant. There were jobs before oil was ever used. It's true that the economy will probably go down, which means unemployment is likely to increase (maybe a lot). But I'd say the longer you can keep a job, or at the very least some source of income, the better your prospects are.
ChoKyOTO wrote:Are the products still being made by oil or recycables?
Most products traditionally made from oil are still made from oil. But this could change fairly quickly if oil becomes very expensive. Just about anything made from crude oil can be made from plant sources as well.
ChoKyOTO wrote:Is oil really running out or is the economic impeding oil as oil is running out per se?
Hard to parse that. I assume you are asking if oil is running out or it's just an economic effect. Oil isn't running out, it's about halfway. The problem is that, when we've used about half the oil, it also means that we've reached the peak of production. It is geologically impossible to produce any more than we are producing now. Production from now on will be in decline. And when the supply of something declines, the prices go up.