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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

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Ecologist lectures on implications of 'A World Without Oil'
Public Policy; Political and Legal NewsJohn Kaufmann of the Oregon Department of Ecology visited Gonzaga on Tuesday to discuss the nation's oil crisis.

"This is not a choice; this is the future," Kaufmann said at a lecture he gave called "A World Without Oil."


According to Kaufmann the days of "eat, drink and gas up" are coming to a close quickly. The oil problem is a well-worn topic of conversation in America today due to high gas prices and war. However, the reason the nation is looking at a scarcity of oil is not political.

"Two-thirds of the world's top oil producing nations have reached their peak in oil production," Kaufman said. "The height of world discovery of oil wells took place in the 1960s. Since 1983 production has exceeded discovery. For every 30 million barrels of oil that are produced only 6 million are discovered."

Gonzaga Bulletin

Posted on Friday, November 30 @ 14:28:08 PST by Leanan
 
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ARE We Out of Gas Yet?

 
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