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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (3622)2/8/2006 8:21:36 AM
From: Triffin  Read Replies (2) of 24210
 
Just had my PO epiphany ..

Don Evans, Commerce Sec.,was just on CNBC and he stated that
he felt sure that the world was at or past Hubbard's
Peak .. no question about it .. Said he had seen the
projections for global demand growth of up to 120 mbpd
and had no idea where it was going to come from ..
Felt that current capacity of 84 mbpd would be it ..
That we haven't been finding oil at the rate that we're
using it etc etc .. and he's an oil man .. They then
cut to commercial .. came back and on to the next topic ..
No chance to offer up a solution or discuss ..

I'll post the transcript if CNBC has it on file ..

Triff ..

ps .. teaser @ 8:30 ..
Bill Richardson and Don Evans to further
discuss the energy situation after the break ..
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