From: octimotor
Those of us, who care to take notice, have been aware that sometime or another, in order to keep our civilization’s future economy going, we will need abundant energy sources to substitute for natural gas and oil. Here, as listed on the site, Earthfiles …, is a summary and citations. One part relates to Wikileaks, US diplomatic cables, concerning over-stated Saudi oil reserves. Another, is a link to an academic’s report on the world’s need for oil substitutes.
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http://www.earthfiles.com/
February 9, 2011 – Latest Wikileaks Revelation in The Guardian –
Saudi Arabia Oil Output Dropping and 2012 Fuel Prices Could Soar.
February 8, 2011, headline in The Guardian, one of the
authorized media distributors of leaked U. S. embassy cables
from whistle blowers to Julian Assange’s Wikileaks.
Reinforcing the leaked cables about Saudi Arabia’s oil supply lower than publicly reported, only a year ago in March 2010, “The Peak of the Oil Age” was published in Energy Policy by Prof. Kjell Aleklett, Global Energy Systems, Uppsala University, Sweden, that concluded: “… future growth in (worldwide) gross domestic product (GDP) must be dependent upon fuels other than oil if GDP is to continue as expected. This, in turn, defines the beginning of the end of the “Oil Age,” and society will have to seek other driving forces for future GDP growth. In all our projections, future oil production by 2030 will have decreased from present levels. The world appears most likely to have passed the peak of global oil production and to have entered the descent phase. If this is the case, then the world has reached the “Peak of the Oil Age.”
Also see: February 8, 2011 The Guardian.co.uk.
http://www.tsl.uu.se/uhdsg/Publications/PeakOilAge.pdf
http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V2W-4XTYD56-2&_user=10&_coverDate=03%2F31%2F2010&_rdoc=1&_fmt=high&_orig=gateway&_origin=gateway&_sort=d&_docanchor=&view=c&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=a6e70f3aabd0981d84e7f1a1fe468e38&searchtype=a