Truthout Paying the Peak Oil Power Bill
$this->bbcode_second_pass_quote('', ' ')Sometime this week, the House will vote on a new "energy independence" bill designed by the Democrats. Even though Congress just passed an omnibus energy bill in 2005, there is growing agreement on both sides of the aisle that the need for "energy security" is growing and more must be done to ensure it.
But just like the 2005 Energy Policy Act, the 2007 Energy Independence Day bill lacks any sort of comprehensive vision about our energy future or any bold initiative to grapple with it. Part of the reason for the piecemeal approach to energy is the deliberate cloaking of the most vital fact about energy - that we are running out of it much faster than most people realize. Terms like "energy independence" and "energy security" function to displace concerns about the resource limits of the earth onto conventional concerns about national security and war.
The real issue is not whether "our oil is under their sand," but the fact supplies of oil and gas worldwide are nearly at the point where they will no longer be able to easily meet demand. The shorthand term for this reality is "peak oil," or "peak fossil fuels."


