Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on August 10, 2007

Bookmark and Share

Technology isn’t going to rescue us from oil

The new U.S. Energy Information Administration 2007 Annual Energy Outlook projects a continuing increase in U.S. daily oil consumption.


It is expected to rise to 26.8 million barrels a day in 2030, from 20.7 million in 2005. Oil imports are projected to rise from 13 million barrels per day to 17 million. The EIA also forecasts that polluting coal’s share of electric energy production will rise from 49.93 percent in 2005 to 57.44 percent in 2030.


Highly touted ethanol is projected to be less than 1 percent of U.S. energy supply in 2030. Wind is forecast at just 0.89 percent of electric energy fuel in 2030, up from 0.33 percent in 2005.


This is in stark contrast to the “alternate energy



Leave a Reply

Your email address will not be published. Required fields are marked *