Page added on July 19, 2007
Naturally, the headlines topping stories about the 422-page report released Wednesday by the National Petroleum Council are far bleaker than the study’s contents. Most focused gloomily on the report’s projection of rising energy demand.
The real problem, according to the council, is getting to the energy resources and putting them to use. Maybe that’s why its study is titled “Facing the Hard Truths About Energy.” The hard truth is not that we’re running out of oil, it’s that the hurdles to development and use, most of them artificial, are high.
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