An Editorial of Shale Oil Information Center.
August 19, 2005.
Young students, young couples, and the poor are already hurting. Transportation companies, airlines, automobile manufacturers, are also hurting. Walmart and those retailers that cater to the economically weak, they are hurting. This pain will creep up into the lower middle class, the middle class and finally affect everyone in this great country of ours, as fuel prices keep going up, time moves on and we slide into a worldwide recession.
The Center strongly suggests that the document. Peaking of World Oil Production: Impacts, Mitigation and Risk Management published herein, prepared by SAIC for DOE NETL and mainly authored by Dr. Robert Hirsch be carefully read. Although no one can say that these increases in the prices of oil are the consequences of the approaching Peak Oil, sustained and increasing high prices are occurring. And what is certain is that the available worldwide supplies of oil, are close to not being able to meet the fast increasing worldwide demand. More than 60 percent of our oil supplies come from imports, mostly from economically and politically unsecured sources.
It should be very instructive if we take heed and pay attention at what is being said in the sections of the aforementioned report dealing with the likely impacts, mitigation and risk management aspects that we should be already doing today, to avoid or diminish the catastrophic consequences of Peak Oil.
Impacts, mitigation and risk management should be considered similar as if we were about to reach Peak Oil.
Shale Oil Information Center, Inc. promotes responsibly undertaking to develop two of our most important "strategic domestic resources": oil shale and oil sands, as the principal solution to free our nation from "the growing dependency of the United States on politically and economically unstable sources of foreign oil imports" (quoting from section 369 of the Energy Policy Act of 2005).
What can we do as hurting consumers? Organize in the largest coalition this nation has ever seen, to demand, while vigilant, nothing less than a government industry partnership to achieve, not simple words, but true energy independence.
This coalition will be the counterpoise to those existing organizations that will oppose the solutions of this national crisis in every forum available.