Thursday, October 16, 2008

American Energy Indepence

Robert Bryce "gusher of Lies" says it can't happen. We need to prepare for interdependence.

US bought Crude from 41 different countries, jet fuel from 26 and gas from 46. We import electricity from Mexico and Canada. We import 60 % of oil needs and 80% of computer chips.

Energy use goes hand in hand with prosperity

4 Issues:
Infrastructure attacks and Osama Bin Laden
Peak Oil
Climate Change

American Oil industry has shortage of trained engineers and workers. Only 15% are in their mid 20-30's. Shortage of Welders.

Oil is a global business. BP produces more oil in US than any other.

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