Re: Oil Spicket Going Dry

From: Angelo Campanella (a.campanella_at_att.net)
Date: 09/29/04 

Date: Wed, 29 Sep 2004 01:28:18 GMT

If I told U I'd have 2 kill U wrote:
> http://www.rense.com/general57/global.htm
> > The Opec oil cartel, which controls more than half of global crude
> exports, is producing around 30m barrels a day - production levels not
> seen since the late 70s. Purnomo Yusgiantoro, the Opec president, said
> the group was powerless to bring prices down.

30 million barrels a day amounts to 10 billion barrels per year. And
that is just OPEC.

At the end of world war II (1945), the whole world was producing only
two billion barrels of oil a year; the US was the largest producer then
at 1.25 billion barrels per year.

Even if we have maintained our productive capacity (I don't know) we
still would be in the same pickle.

> "At the moment there's nothing we can do - Opec has spare capacity.
> However, whatever we do, there is no sensitivity in the market," Mr
> Purnomo, who is also Indonesia's oil minister, told Reuters.

Alternative fuel sources (gasohol and biodiesel) from biomass are sorely
needed.

The 55 mph speed limit or its modern equivalent could return.

Car-pooling and short work weeks + work at home may come as interim
solutions.

Angelo Campanella

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