Innovate away from foreign oil

By: MorrisMeyer
Published On: 7/14/2007 9:15:39 PM

In recent interview with the chief economist of the International Energy Agency talks about a production oil peak:


If Iraqi production does not rise exponentially by 2015, we have a very big problem, even if Saudi Arabia fulfills all its promises.

We are in a world where new oil production is increasing difficult to bring online.  Every year we consume a cubic mile of oil.


Alternatives to the worlds' oil range from the environmental untenable (coal-to-liquids), unsustainable (food-to-fuels) or currently unrealizable (hydrogen).
We are in a world where new oil production is increasing difficult to bring online.  Every year we consume a cubic mile of oil.

Alternatives to the worlds' oil range from the environmental untenable (coal-to-liquids), unsustainable (food-to-fuels) or currently unrealizable (hydrogen).


Comments