Peak Oil

US uses 14 million barrells a day about a Gallon for every person in the US. pg100the plot Global demand to grow by 30% by 2030. Over 150 Coal plans are being planed to be built in the US. Processing and using tar sand generates 40% c02 than traditional oil . Oil Shale twice as much Co2 than Oil. The average person travels 50% more to shop than in 1990. PTSW The "lifting" price - how much it costs to get oil out of the ground - is very cheap in the Persian Gulf, around a dollar a barrel, while from Gulf of Mexico, North Sea or Alaska the "lifting" price is $8-12. Matthew Simmons predicts by 2015 the world will, in the BEST case scenario, be pumping no more than 65 million barrels per day of crude Important Articles on this subject http://money.cnn.com/2008/09/15/news/economy/500dollaroil_okeefe.fortune/index.htm http://seekingalpha.com/article/96685-why-drill-baby-drill-does-not-translate-into-effective-national-energy-policy http://article.nationalreview.com/print/?q=OTlmMjFjYWRjOWI3ZGI0MzUxZDJjYTBlMmUzOTc2Mzc= http://article.nationalreview.com/print/?q=OTlmMjFjYWRjOWI3ZGI0MzUxZDJjYTBlMmUzOTc2Mzc