Page added on April 25, 2006
This week, over 50 national and local experts gather in NYC to discuss how the city and the country can prepare for higher energy prices, and begin our transition to a low-energy, sustainable society, while slowing global warming.
Higher fuel prices are due to many factors, such as the supply / demand crunch, and instability in oil-producing countries. One critical factor being more widely discussed, with editorials in the New York Times and Newsday, and a report from the Army Corps of Engineers, is that world oil production is expected to peak and begin declining before 2010, driving prices permanently upwards.
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