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Subject:Re: gas prices..
From:John Rodgers
Date:Thu, 26 Feb 2004 11:33:13 -0600

I have seen some numbers projecting oil production for some years into
the future. I don't remember the specifics, but  with the known oil
reserves world wide, production is expected to peak then start a decline
in about 25 years. That won't affect me, I'll most likely be dead and
gone - but my children and their children will be affected unless some
other economical energy supply is developed.

John Rodgers
88 GL Driver

don spence wrote:

> I read the other day from a reliable source, that at the current world
> wide rate of consumption it would take just 11 years to drain the
> worlds largest single reserve (Saudia Arabia) if it were the only
> supply. If everybody drove Vanagons, i'm guessing it would be about
> than half that.
>
> That's the reality folks and Hydrogen fuel cells are not the answer.
> On Wednesday, February 25, 2004, at 03:47  PM, Automatic digest
> processor wrote:
>
>> Date:    Wed, 25 Feb 2004 14:34:49 -0500
>> From:    "Daniel L. Katz" <katzd54@YAHOO.COM>
>> Subject: Re: gas prices..
>>
>> on any given day the price of a commodity, such as unleaded gasoline,
>> is
>> determined by many factors. perhaps oil companies have been
>> overcharging
>> at the pump lately, i don't know.
>>
>> nevertheless, consider these facts:
>>
>> united states petroleum production peaked in 1970, about 80% of our
>> original, one time allotment of petroleum has been consumed, and the
>> point
>> is being reached where it takes almost as much energy to produce
>> petroleum
>> as is derived from the petroleum - this in the face of a population
>> exploding at better than 1%/y, mainly fueld by mass immigration.
>>
>> world petroleum is 50% consumed, the year of peak production will occur
>> within a few years (so far 2000 has been the peak year, so maybe it has
>> already past), production will fall rapidly after that, and in just a
>> few
>> decades world production will be down to that of just the west in 2003,
>
>