Oil and natural gas are not forever. They are finite resources. The U.S is relying upon countries that do not like us to sell us their oil. We are competing against other countries to buy oil, such as China, which is now the world’s #2 importer behind the United States. Increasing world demand and global peak oil, or stagnating production, means that oil prices will rise.
The end of cheap oil and natural gas is coming and coming fast. My hope is that more attention is going to be focused not only on the problem of global “Peak Oil”, but possible solutions to meet this challenge with the same drive and ingenuity our leaders and great minds put into getting a man to the moon.
To further this initiative, in 2005, I along with Rep. Tom Udall established the Congressional Peak Oil Caucus. I also introduced a House Resolution that expresses “the sense of the House of Representatives that the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency that was incorporated in the `Man on the Moon' project to address the inevitable challenges of `Peak Oil'.”
109th Congress Legislation
H.Res. 507
Peak Oil Links*
U.S. Department of Energy
The Energy Information Agency
U.S. Geological Survey
Energy Star
National Renewable Energy Laboratory
The Association for the Study of Peak Oil & Gas
Hubbert Peak of Oil Production
The Hirsch Report
* I do not necessarily support all of the information and opinions expressed therein.