Watched the movie a couple days ago. When they were saying "oil hits $160 a barrel" and "$4.00" gasoline, you juts have to chuckle that they made the movie in 2006 and it's now 2008 and those numbers are almost reality now, not in 2016.
It was an OK movie and depicts a few angles on the issue. Didn't show much in terms of the real strife that can and will happen (food wars, mass starvation, etc.) The oil futures markets are causing a lot of this issue. Oil is not scarce. The US causes some gas shortages on its own by not building refineries or Nuclear power plants. Those two alone would help quite a bit. Oil companies with huge profits not building refineries means that they have very limited interest in helping keep the price down.
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