Warning: Oil supplies are running out fast


	Warning: Oil supplies are running out fast

hotdoge3

8-2-2009 8:32 PM

79 views

tags:

warning-oil-supplies-are-running-out-fast

hotdoge3 says:

peak in about 10 years!

1 Comment |

Add a Comment

8-3-2009 12:35 AM

sldavis

I've been telling my friends and family this for a couple of years - they all have their heads in the clouds and their huge SUV's

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from August 2, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6d78bbd1-4e01-4269-96b5-0c4478c6997d/F9318975-05E5-45C8-8A9F-78FF0243679E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html" href="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html" style="font-size: 11px;">www.independent.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html"><P class="font-null">The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html"><P class="font-null">
Higher oil prices brought on by a rapid increase in demand and a stagnation, 
  or even decline, in supply could blow any recovery off course, said Dr Fatih 
  Birol, the chief economist at the respected International Energy Agency 
  (IEA) in Paris, which is charged with the task of assessing future energy 
  supplies by OECD countries.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html"><P class="font-null">
In an interview with The Independent, Dr Birol said that the public and many 
  governments appeared to be oblivious to the fact that the oil on which 
  modern civilisation depends is running out far faster than previously 
  predicted and that global production is likely to peak in about 10 years – 
  at least a decade earlier than most governments had estimated.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html"><P class="font-null">
<B>Oil: An unclear future</B>
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/science/warning-oil-supplies-are-running-out-fast-1766585.html"><P class="font-null">
<B>*What is "peak oil" and when will it be reached?</B>
</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F9318975-05E5-45C8-8A9F-78FF0243679E/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips