Yup, I have to agree. Venezuela just issued a report stating that
OPEC is about peaked out in production capacity. With China emerging as a major industrial
force, they are acquiring an insatiable appetite for petroleum products. At its current
rate of growth, China is predicted to equal the U.S.A. in consumption by around 2020
(not that far off). Like it or not, oil is the backbone of industry from production
to delivery to consumption.
Part of the problem is gluttonous consumption on
everyone's part (I'll plead somewhat guilty, but I do attempt to conserve in many ways
- even make my two kids commute to college). Another problem is the world's tolerance
of terrorist threats and actions against the production areas. The self-righteous appeasement
attitude of some of our world citizens toward terrorists has measurable affected the
supply of oil, and therefore the cost to us all.
If you monitor news headlines
(in magazines and online – not Sheep TV), there are a lot of innovative techniques being
investigated that promises better than break-even hydrogen production from water and
amazingly efficient solar cells that will someday evolve into commercial products. Until
then, ALL countries – not just the U.S. – should be investing heavily in alternative
Not exploiting the efficiency of nuclear power generation is
a crime against humanity IMHO. Not drilling in the ANWR is another peeve. The elite
of this country will not allow offshore oil rigs or even ocean-based wind farms to be
built because it will upset the views from their palatial estates (they can afford any
price for fuel and are heavily invested in the markets that reap obscene profits). Greenies
are some of the worst offenders and hypocrites in these areas.
- Kirt Blattenberger