News and information about Biodiesel & alternative fuels.

2004/04/03

Texas Tea

Fast Company Now has coverage of Kenneth Deffeyes's speech at WTF 2004, on The End of the Oil Age. It's an excellent read:
"Since 1950, we've gone for half a century without finding another billion-barrel oil field. If you've caught most of the fish in the pond, that fancy fly rod isn't going to do very well. That's the reality here. We've found oil fields that contain 95% of the oil we've ever going to find. That's the worst of the bad news..."

"I have this fear of what the world will look like when supply rolls over. When I look at what's happened since 2000 isn't very attractive. A lot of what's happening -- Sept. 11, the recession -- is largely because energy is no longer going to be cheap."