Tuesday, July 22, 2008

LAT's new theory

The LAT argues today that these may be the good old days of oil supply, that there's nothing ahead but shortened supply and increased demand. All the easy-to-get-at oil has been found and is being taken. The rest will be prohibitively expensive.

It sounds like an argument for wind and solar power. It ignores that there are known deposits that have never been touched (as in ANWR.)

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