Another respected authority on the subject supports the idea that cheap oil is no more. -- Jeffrey Goettemoeller
Schlesinger on energy-Editorials/Op-Ed-The Washington Times:
Editorial -- 2/19/2006
"At those levels of consumption, the debate over when we reach Hubbert's Peak may be beside the point... 'Even present trends are unsustainable. Sometime in the decades ahead, the world will no longer be able to accommodate rising energy demand with increased production of conventional oil.' ...Because more than half of the nearly 21 million barrels of petroleum America consumes every day are devoted to motor gasoline and jet fuel, Mr. Schlesinger concludes that '[t]he intractable problem lies in liquid fuel for land, sea and air transportation.'"
Wednesday, February 22, 2006
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