ExxonMobil Sounds Silent Peak Oil Alarm
EV World , Taken from Bulletin of Atomic Scientists [May 29, 2005]
"No oil company, much less one with so much managerial, scientific, and engineering talent, has ever discussed peak oil production before."
" Conventional petroleum production will soon--perhaps in five years, ten at best--no longer be able to satisfy demand. For their part, American consumers would do well to take a cue from their Western European counterparts, who enjoy a comfortable lifestyle despite a per capita use of petroleum that is half of that in the United States."
"No oil company, much less one with so much managerial, scientific, and engineering talent, has ever discussed peak oil production before."
" Conventional petroleum production will soon--perhaps in five years, ten at best--no longer be able to satisfy demand. For their part, American consumers would do well to take a cue from their Western European counterparts, who enjoy a comfortable lifestyle despite a per capita use of petroleum that is half of that in the United States."
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