Tuesday, October 25, 2005

The Petroleum Bomb

"The Petroleum Bomb," Feature Article, October 2005:
by George P. Shultz and R. James Woolsey -- Mechanical Engineering Magazine
"A single well-designed attack on the petroleum infrastructure in the Middle East could send oil to well over $100 per barrel and devastate the world's economy. That reality, among other risks, and the fact that our current transportation infrastructure is locked in to oil, should be sufficient to convince any objective observer that oil dependence today creates serious and pressing dangers for the United States and other oil-importing nations."

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