Jun

22

Oil Supplies are Finite!

June 22, 2008 |

Accoring to the Natural Reources Defense Council (http://www.nrdc.org/air/transportation/aoilpolicy2.asp) America spends
$13 million per hour on foreign oil. This represents about 60% of the oli America uses.

“In Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy” by Matt Simmons has created a compelling case that Saudi Arabia production will soon reach an apex, after which its production will decline and the world will be confronted with an immense and potentially catastrophic oil shortage. If this happens and the globe does not have an alternate plan we could face times that are unprecedented in the history of modern civilization.

It is time to start looking at alternate forms of energy. We NEED a national energy policy that outlines both a short term and long term strategy on solving this problem. We need to solve this problem in a sane and safe way looking for a solution that considers future generations!!!

But if you think this is solely the job of the government you need to rethink your position. With gas prices over $4.00 and even at $4.50 for regular this is also an economic issue. The days of $2.50 a gallon gas are gone, and left us so quickly my head is still spinning. This is a problem unprecendented in modern times, one that will require consumers, business, and government to solve.

It is also a problem whose solution is directly tied to our climate change problem.


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