There is a potential flaw I spot in this piece. The author likens the self-liquidation strategy to what the big tobacco companies did. The problem I see with this is that tobacco is a luxury item. For many, oil is an every day necessity.<p>This leads into the liquidation issue. If companies such as BP were to liquidate, what would happen? The author mentions that non-oil countries should focus on providing resources and knowledge on oil extraction, but would that be enough to prevent price gouging? If there are no competitors selling oil, I could see the prices skyrocketing once the competition has liquidated all of their reserves. Would our knowledge, tools and &quot;know how&quot; be enough to prevent a monopoly on oil? Our only fallback would be to charge more on the services the author suggested we offer instead of oil.