Worldwide Oil Supplies

The demand for oil continues to grow, and this growth shows no signs of abating or slowing. Just look at all the Chinese and Indians who are beginning to use automobiles.

The world's supply of economically recoverable oil is past its peak and is declining. People who think there is an unlimited supply of economically recoverable oil are just poorly informed or not very bright. Why do you think oil companies have been forced to begin hazardous deep water drilling? Or fracking for natural gas? It is simple reality that the earth's supplies of oil, water, and clean air are not unlimited.

People and countries who plan ahead will be able to maintain a decent quality of life complete with good cars, flush toilets, and air conditioning. The way to do this is to become far more efficient – stop foolishly wasting so much energy. Those who are unable to adapt and are afraid of change are indeed going to suffer badly.
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LINK: http://green.blogs.nytimes.com/2010/11/14/is-peak-oil-behind-us/?src=twt&twt=nytimesscience

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P.S. My second Toyota Prius is now a year old. I drove my first Prius all over western Europe. Over its entire life so far, good days and bad, I have averaged 55 mpg with this latest Prius. This includes more than once/week leaving it and my dog in the parking lot of the supermarket with the airconditioning running...if I didn't do that the average would be above 60 mpg.

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