The hidden factor behind the war in Iraq, the coming invasions of Saudia Arabia and Iran, the clamp-down on civil liberties within the US - now in the mainstream for the first time!:
World oil and gas 'running out'
By CNN's Graham Jones
Thursday, October 2, 2003 Posted: 1245 GMT ( 8:45 PM HKT)
-Global oil supplies will peak soon after 2010, Swedish scientists say.
LONDON, England -- Global warming will never bring a "doomsday scenario" a team of scientists says -- because oil and gas are running out much faster than thought.
The world's oil reserves are up to 80 percent less than predicted, a team from Sweden's University of Uppsala says. Production levels will peak in about 10 years' time, they say.
"Non-fossil fuels must come in much stronger than it had been hoped," Professor Kjell Alekett told CNN.
Oil production levels will hit their maximum soon after 2010 with gas supplies peaking not long afterwards, the Swedish geologists say.
At that point prices for petrol and other fuels will reach disastrous levels. Earlier studies have predicted oil supplies will not start falling until 2050.
FOR REST OF CNN ARTICLE - CLICK HERE
One important fallacy of the above scientists' assumptions is that coal can make up the difference. It can't. Read the book below to fully understand:
World oil and gas 'running out'
By CNN's Graham Jones
Thursday, October 2, 2003 Posted: 1245 GMT ( 8:45 PM HKT)
-Global oil supplies will peak soon after 2010, Swedish scientists say.
LONDON, England -- Global warming will never bring a "doomsday scenario" a team of scientists says -- because oil and gas are running out much faster than thought.
The world's oil reserves are up to 80 percent less than predicted, a team from Sweden's University of Uppsala says. Production levels will peak in about 10 years' time, they say.
"Non-fossil fuels must come in much stronger than it had been hoped," Professor Kjell Alekett told CNN.
Oil production levels will hit their maximum soon after 2010 with gas supplies peaking not long afterwards, the Swedish geologists say.
At that point prices for petrol and other fuels will reach disastrous levels. Earlier studies have predicted oil supplies will not start falling until 2050.
FOR REST OF CNN ARTICLE - CLICK HERE
One important fallacy of the above scientists' assumptions is that coal can make up the difference. It can't. Read the book below to fully understand:
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