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Scenario: World Oil Shortage

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Oilproblem 2004Scenariovan deaspoassociation for the study of peak oil-1-
  • By the year 2016, half of the oil will be gone. Oil will be 205 dollars a gallon. [1] This will make hybrids more economical.
  • Coal will still be cheap.
  • The United States Congress will get really aggressive in renewable energy resources legislation.
  • Methods for turning coal into oil will be a dominant industry.
  • Most of Brazil's gasoline comes from ethanol and they will be a major exporter of it.

News

Senate committee approves fuel economy increase to 35 mpg

Video

[2]

See also

Peak Oil Wikpedia

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