Stephen A. Lawrence wrote on 7-28-08: ``Subject: Wild card in the Arctic??
Heading off to bed, I took a glance at the headlines -- and noticed this, just in from Devoir: ... "412 billion barrels of petroleum. A third of the proven reserves of the planet. That's what the depths of the Arctic contain, according to the most recent evaluation by the U.S. Geological Survey." ...'' ------------------- Brian Prothro wrote: ``Yes, it has been known that a whole lot of oil was in the Arctic, I was not aware it might be that much. Of course the question on some peoples mind is do we want to use it investing in new long term oil extraction and commitments or do we want to move towards cleaner energy solutions instead ...'' ------------------- Hi All, Sadly, there is no peak oil; and the Oil Gang, having wrung as much out of us as possible for the moment, will probably let oil drop to $40/barrel (busting the union pension funds that are playing the futures) before the end of 2008 to smash efforts toward alternative energy. We should treat foreign oil like heroin and make it difficult to drill oil wells on U. S. territiry -- JUST SAY NO TO ROCK OIL -- if we do not break our addiction to oil, young Americans will die for oil in the Kazakh War of 2020. Probably the most practical alternative is hybrid electric cars using Liquified Natural Gas (methane) as the hydrocarbon fuel, especially since T.Boone Pickens is pushing natural gas. See http://www.pickensplan.com/theplan/ Jack Smith
