Wednesday, October 27, 2010

Nil, baby, nil

A CNN story tells us that former estimates of petroleum in Alaska were off by 90% on the optimistic side:
The U.S. Geological Survey says a revised estimate for the amount of conventional, undiscovered oil in the National Petroleum Reserve in Alaska is a fraction of a previous estimate.

Read it all here. We gotta grasp the nettle ... we are running out of oil. There is less oil around today than there was yesterday. No amount of mad-dog drilling will put us back where we were in the 60s. We gotta learn to conserve and use other energy sources if hope to have any kind of future. Sorry.

No comments: