Sunday, April 3, 2011

You May Want To Go Ahead And Fill Up Your SUV Now

In case you missed it,we are running out of oil, well at least oil that you can afford.

Above is a slide presented by the US Energy Information Agency back in 2009. It clearly shows that world oil production is expected to drop off in the coming years. In case you are wondering what "Unidentified Projects" are, think alternative liquid fuels - namely ethanol. That's right, we Americans think we can replace that oil with ethanol. Once all those acres of corn are planted, we can start talking about Peak Food.

No comments: