Until recently, the phrase “peak oil” was among the last elected and appointed official in Washington wanted to hear or see in print. Should there be any doubt as to the correctness of their position, one only has to look at what happened when President Carter donned a cardigan sweater and told us how one day we were going to run short on oil and how we should start sacrificing now to prepare for it.
Relevant administration officials are well aware world oil production will peak someday, but for obvious reasons, they don’t want to acknowledge this until they absolutely have to. They hope beyond hope peaking won’t happen until after they retire so somebody else can deal with the unpleasant consequences.
Falls Church News-Press