xperts paint troubled picture for future of world oil supply

The Seattle Times: Experts paint troubled picture for future of world oil supply:
by Nicholas K. Geranois, Associated Press -- Oct. 6, 2005
"Roger Bezdek, a consultant for the U.S. Department of Energy, told the Global Oil Depletion conference that it will take more than a decade to find alternative sources of energy if oil production reaches a peak, which may be imminent.
'No one knows when oil will peak,' Bezdek said. 'But if we wait until the peak, we will be in deep economic troubles for decades.'
The conference was presented by the Thomas S. Foley Institute at Washington State University and painted a gloomy picture of a future in which there is increased competition for diminishing resources."