Thursday, March 23, 2006

Author envisions world oil shortage

Kenneth Deffeyes believes the world passed a very important landmark, with very little notice, on Dec. 16, 2005.

On that day, he said, the world's residents finished off the first half of the world's oil and started in on the second. Price volatility will be the norm, and if some big changes aren't made, famine, pestilence, war and death are on the way.

( Full story here )

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