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Politics : Stop the War! -- Ignore unavailable to you. Want to Upgrade?

To: James Calladine who wrote (17179)	5/10/2003 9:12:22 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 21614

"THE PARTY'S OVER" --Richard Heinberg James, Here's a couple more URLs on Richard Heinberg. I've listened to the "Financial Sense Online" interview and can recommend it. financialsense.com Here's the 411 on the book: amazon.com ********** Re: Heinberg considers the latest conflict in Iraq not as an attempt to get rid of weapons of mass destruction but as a way for the United States to secure oil supplies. Saudia Arabia is clearly in the gunsights of the U.S. military. Now that we stole 11% of the world's reserves of light sweet crude, why shouldn't we steal another 24%? It just makes sense. bp.com

To: James Calladine who wrote (17179)	5/10/2003 10:29:21 PM
From: Edscharp	Respond to of 21614

James, As world oil resources dwindle other fuel sources will begin replacing world crude. There are already vehicles powered by alcohol, methane and fuel cells which use methanol. All of these fuels can be synthesized through biomass sources like corn. Surprisingly, there is another source of oil. Oil shale rock which exists in large quantities throughout the world. The largest deposits being in the United States. It is estimated that the US has enough oil shale to provide for it's own needs for the next 200-500 years. Estimates indicate that reserves of oil shale rock may be more than double the estimated oil reserves in the world today. Oil shale is not economically profitable to mine at this time, but as oil prices rise it may become feasible to utilize this resource. hubbert.mines.edu physics.ohio-state.edu The United States is also funding a very long term project to the tune of $5B to develop a fusion reactor. Unlike dirty fission reactors fusion reactors are quite clean producing only trace quantities of radioactivity and would utilize deuterium or tritium, which are isotopes of hydrogen. These isotopes can readily be found in abundance in the oceans of the world. It's funny how the author of your article predicts doom and gloom and makes not the slightest effort to inform the reader of easily obtainable alternate fuels. Alternate fuels are more costly than today's oil prices so certainly there would be an inflationary hike in energy prices, but hardly the chaos predicted by your ill-informed journalist.