Thursday October 20, 2005

Greenspan on Peak Oil

energybulletin.net, peakoil.com :

"New technologies to more fully exploit existing conventional oil reserves will emerge in the years ahead. Moreover, innovation is already altering the power source of motor vehicles, and much research is directed at reducing gasoline requirements. We will begin the transition to the next major sources of energy, perhaps before midcentury, as production from conventional oil reservoirs, according to central-tendency scenarios of the U.S. Department of Energy, is projected to peak."

See also :

1. Venezuela President on Peak Oil
2. French PM : "We have entered the post oil era."

(2005-10-20 12:42:12 SGT) [Energy] Permalink

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