And the result will be ever - escalating wars for control of
dwindling oil supplies, ever - escalating destruction of ecosystems, and irreversible, runaway catastrophic global warming, until the whole house of cards that constitutes the present - day «American way of life» collapses, in a very painful and ugly fashion.
Also, total electric demand will grow more rapidly as
dwindling oil supplies cause a big shift toward electrically powered equipment of all kinds.
Square this with your allegation that solar and wind can't fill the gap left by
dwindling oil supplies.
This appetite for energy is at last being seen as a threat, though not to the environment: the top brass understands that relying on
dwindling oil supplies from unstable or hostile countries is a bad idea.
In a world of
dwindling oil supplies and steadily mounting demand, there is no such thing as cheap oil.
It was driven by growing Chinese and other Far East demand and by
dwindling oil supplies following the peak of conventional production in 2005.
Not exact matches
High
oil prices in 2007 and 2008 were due to a large and persistent production
supply deficit because of high demand from China and the Far East, and
dwindling supplies following the peak of conventional
oil production in 2005 (Figures 15 and 17).
With economies around the globe recovering and
supplies beginning to
dwindle,
oil markets may become increasingly vulnerable to political unrest.
Strong demand for crude
oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global
supplies have
dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.
It can supplement our
dwindling supplies of
oil.
Biofuels could be a crucial weapon against both rising temperatures and
dwindling global
oil supplies.
Big changes will be necessary whatever happens, as
oil and natural gas
supplies dwindle, though coal is still available in huge quantities.
This is partially due to customer demand and government regulations, but it is also due to the
dwindling supply of
oil.
The point being that some people are debating climate change, and whether to stop using
oil, when in just 100 years or maybe less, we will be forced to stop using
oil anyway as
supplies dwindle, and prices escalate dramatically.
In fact, he says, the
oil sands, combined with Alberta's growing mania for extracting natural gas from coal seams by injecting toxic chemicals into the ground — thereby poisoning some of the
dwindling supply of drinking water — threaten to create a parched, deforested, polluted wasteland.
They are protesting the palm
oil plantations not the grounds of climate change and carbon emissions like many of us around the globe who are concerned about them, but on the very immediate grounds that the river which the Penan depend on are being polluted and with the
dwindling amount of forest area, the future of their food
supplies is in jeopardy.
But even then: Perhaps with improved fuel efficiency we can just keep stretching
oil company profits out longer and longer as the world's finite
supplies of
oil start really
dwindling down and prices just rise.
It shouldn't surprise anyone that disputes over territory in the
oil - rich Arctic — at a time when demand for the black gold is surging and
supply is
dwindling — should cause military strategists to worry.
Another influence on their thinking: the knowledge that the days of affordable and plentiful
oil supplies are
dwindling.