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In the U.S., time to 'Powerdown'

As an illustration of how off the wall this kind of thinking is, the U.S. Energy Information Agency (EIA) produces figures for the future availability of oil based on what this country will need as it grows, thus making the assumption that when the U.S. needs oil it will be there for the taking. U.S...

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Published in:Westchester County Business Journal 2010-01, Vol.49 (4), p.17
Main Author: Morgan, Maureen
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Language:English
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description As an illustration of how off the wall this kind of thinking is, the U.S. Energy Information Agency (EIA) produces figures for the future availability of oil based on what this country will need as it grows, thus making the assumption that when the U.S. needs oil it will be there for the taking. U.S. oil production peaked in the early 1970s, marking the end of this country's ability to completely supply its own energy needs.
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ispartof Westchester County Business Journal, 2010-01, Vol.49 (4), p.17
issn 1057-686X
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subjects Economic conditions
Energy
Oil reserves
Recessions
title In the U.S., time to 'Powerdown'
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