[cudabachi]

http://www.iht.com/bin/print.php?id=6718453

WASHINGTON: It started with a simple question by Samuel Bodman, the energy secretary: "What does the future hold for oil and natural gas supply?"

The query was made in October 2005 in a one-page letter sent to Lee Raymond, the former chairman of Exxon Mobil and head of the National Petroleum Council, a federal advisory group representing the oil industry.

After nearly two years, Raymond has finally delivered his answer. The result is a colossal 476-page study entitled "Facing the Hard Truths About Energy" that involved 350 participants, suggestions from over 1,000 people, submissions by 19 foreign governments from Australia to Saudi Arabia, and dozens of subcommittees.

The report, which was made public in Washington on Wednesday, was billed as one of the most comprehensive analysis of the global energy challenge.

In answering Bodman's question, it also provides a sobering picture of the energy problem facing the United States and the world. Most strikingly, some of the recommendations adopted by the petroleum council also probably far exceed what Bodman had in mind, or what the Bush administration is prepared to endorse.

[cudabachi]

I liked this one:

Given that the report reflects the views of the oil industry, some of its conclusions would seem hardly surprising, for example in dismissing predictions from so-called peak oil theorists that the world's oil deposits are on the decline. Quite the contrary, the industry's view is that the world's resources remain abundant.

"Fortunately, the world is not running out of energy resources," the report says in a 40-page summary. "Coal, oil and natural gas will remain indispensable to meeting total projected energy demand growth."

[Zardoz]

$this->bbcode_second_pass_quote('', '"')Fortunately, the world is not running out of energy resources," the report says in a 40-page summary. "Coal, oil and natural gas will remain indispensable to meeting total projected energy demand growth."

[frankthetank]

Not to mention the record China auto sales and the worlds growing population. This can't end good.

[MC2]

Here's a link to the summary report. Pretty good reading, and great dancing around the subject by highly paid wordsmiths.

http://www.npc.org/Facing_Hard_Truths-summary.pdf

[Twilight]

Typical fare, look tough asking tough questions, knowing the response will be all strawmen and dancing around semantics.

Note to the news media. Remember this handy phrase.

"That's not the question."

Never look like a fool again!

[MC2]

The Oil Drum has an excellent analysis of this report:

http://www.theoildrum.com/node/2789

[TreebeardsUncle]

Well, tptb around here, should make it clear to the press that the peak oilist position is not that oil will be running out, but that production will peak. Perhaps, the expression peak production should be used rather than peak oil. Peak oil production may be too long and complicated for reporters to use in a glib dismissive sound bite.

G