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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: kryptonic64/22/2005 9:57:08 AM
   of 1183
 
EYE OPENER: Bush: 'I'm worried about gasoline prices
Ron Insana, CNBC
April 22, 2005.

Excerpt: "Listen, we're all going to have to diversify away from hydrocarbons over time, Ron."

[Interview with President Bush covers gas prices, Saudi pumping capacity and the future of hydrocarbons] "...we're just going to have to change our habits. And that's one of the reasons why I funded the hydrogen-powered automobile initiative, fully recognizing that, you know, with the decade we're going to have to think about how to drive different -- you know, power, power our automobiles. It's a -- the hydrocarbon society will still be with us, but it can't be with us to the extent it is today."

READ THE ENTIRE INTERVIEW HERE: msnbc.msn.com
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