U.S. Department of Defense Expects Oil Shortages As Soon As 2015
#1
   
No one knows exactly how much oil is left hidden beneath the earth’s surface, but we can all agree on one thing: it is a finite supply. The U.S. military is well aware of this, and is looking at developing alternative energy solutions for troop and material deployment to preserve the fossil fuel we have left. As you’d imagine, the Department of Defense probably has more than a few people assigned to the task of projecting just how much fermented dinosaur juice remains untapped. Their recent findings don’t bode well for those of us who enjoy the sound of a V8 at full throttle.

Per the D.O.D’s less-than-optimistic projections, surplus oil production will cease as soon as 2012, with production falling behind demand to the tune of 10 million barrels per day by 2015. Worldwide demand for oil is expected to exceed 86.6 million barrels per day in 2010, exceeding the record of 86.5 million barrels per day set in 2007, before the global economy was flushed down the crapper. Add in the growing demand for automobiles in places like China and India, and you can safely bet that worldwide demand for fossil fuel isn’t going to be decreasing any time soon.

Let’s hope that these projections are truly the dire worst case; after all, our military isn’t known for viewing the glass as being half full. As unpleasant as it may be, I can learn to embrace a future without gasoline powered cars and motorcycles (once the bugs are worked out of electric vehicles, of course). It’s the rest of the baggage associated with the collapse of the oil industry that concerns me.
Reply
#2
Yippie!!!!

5 more yrs left to enjoy my Mach's
Reply
#3
I hope we have more than five years of oil left. Obama just gave the oil companies permits to drill off the coast of Virginia. It will probably take close to five years to start pumping oil out.
Reply
#4
Obama's a joke, they don't need to go look for oil I promise you every US oil company knows exactly where oil is in the US. Ill sure be glad when 2012 gets here. Obamas is worse than Jimmy Carter!!!
Reply
#5
Obama's a joke, they don't need to go look for oil I promise you every US oil company knows exactly where oil is in the US. Ill sure be glad when 2012 gets here. Obamas is worse than Jimmy Carter!!! Inst it odd that the DOD releases this right after Obama says they want to start looking for oil in the US.

Or was that before we were going to try to go to Mars, or land on the asteroid. This guys an idiot, how bout helping the US homeless people, or help the people still trying to recover from Katrina.

Just seems to me there are so many other important things that should be the focus.

Don't get me going! Fighting
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
[-]
Latest Threads
What's One More Iron In The Fire!
Last Post: fram lee666
03-18-2024 06:21 PM
» Replies: 125
» Views: 238053
"Jacobra"
Last Post: JTS71 Mach1
06-30-2023 11:13 PM
» Replies: 86
» Views: 150854
My old Queensland Ambulance
Last Post: JTS71 Mach1
06-30-2023 11:08 PM
» Replies: 5
» Views: 1685
New member from San Jose, CA
Last Post: JTS71 Mach1
05-09-2023 08:39 AM
» Replies: 12
» Views: 3957
Saving Seatbelts
Last Post: Jim
02-19-2023 10:23 PM
» Replies: 2
» Views: 9109
Sourcing new wheels
Last Post: JTS71 Mach1
01-25-2023 02:34 PM
» Replies: 1
» Views: 1995
Shaker Air Filter
Last Post: JTS71 Mach1
01-08-2023 02:24 AM
» Replies: 3
» Views: 1466
1971 Mach 1 parting out interior parts -...
Last Post: ylwhrse
12-22-2022 01:38 PM
» Replies: 0
» Views: 640
Painting
Last Post: Rare Pony
12-14-2022 06:24 PM
» Replies: 2
» Views: 1964
WELCOME ALL NEW MEMBERS INTRODUCE YOURSE...
Last Post: JTS71 Mach1
08-31-2022 01:36 PM
» Replies: 82
» Views: 157026
1970 mach 1 matching numbers
Last Post: Kstweeter
08-31-2022 10:31 AM
» Replies: 1
» Views: 1086
Brake booster/servo hose length
Last Post: JTS71 Mach1
08-23-2022 09:40 AM
» Replies: 7
» Views: 2995
New Member
Last Post: JTS71 Mach1
08-20-2022 11:18 AM
» Replies: 2
» Views: 1498
smooth window operation on 70 Mach
Last Post: CUSTOMMISER
08-15-2022 12:10 PM
» Replies: 2
» Views: 1472
Blinkers on solid
Last Post: busted21
08-09-2022 03:58 AM
» Replies: 14
» Views: 8715
Blinkers on solid when lights on.
Last Post: JTS71 Mach1
08-08-2022 12:06 PM
» Replies: 1
» Views: 1719
351 cj running hot
Last Post: busted21
08-08-2022 12:13 AM
» Replies: 5
» Views: 3403
Major Winter projects
Last Post: JTS71 Mach1
07-09-2022 05:12 AM
» Replies: 49
» Views: 21263
Happy Fathers Day!!!
Last Post: JTS71 Mach1
06-20-2022 02:34 AM
» Replies: 0
» Views: 1684
1969 Raven Black 390 Looking For
Last Post: mason1958
06-11-2022 09:48 AM
» Replies: 10
» Views: 15079

>