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American Petroleum Institute's gloomy outlook

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American Petroleum Institute's gloomy outlook

Unread postby shortonoil » Tue 20 May 2008, 13:52:55

Drifter said:

$this->bbcode_second_pass_quote('', 'T')he thirst for oil is growing faster than the world's capacity to produce it — at least 600,000 barrels a day faster, according to Energy Information Administration data.


Plus, the energy contribution from oil, for non-energy production, is falling by 5% a year. This is a bad situation which will soon get the general populations attention. The problem is that although the general population will soon know that they have a big problem, they will probably never really understand why!
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Re: American Petroleum Institute's gloomy outlook

Unread postby Eli » Tue 20 May 2008, 14:10:04

Faster than they already have?
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Re: American Petroleum Institute's gloomy outlook

Unread postby Twilight » Tue 20 May 2008, 16:15:24

Faster than a newly minted graduate leaving the car park of a Chinese one-day driving school.
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