The end of "Cheap Oil in America"
The most dangerous problem that exists in the American economy is the fact that Americans think there is an indefinite supply of oil, and that foolish politics are behind the price surges. While politics may play a minor role in price spikes, nothing could be farther from the truth. The U.S.A. does not control OPEC, and the awakening of China and other nations places a demanding role on dwindling petroleum supplies.
The United States President is being heavily warned that PEAK OIL has already occurred, and the downward spiral of oil reserves is taking place. Nations having an industrial boom is placing a greater strain on these oil reserves. The existing transportation system took one hundred years to build, and can be obsolete "overnight", because there seems to be no other technology that can perpetuate the transportation economy.
The biggest mistake America and the Government made was allowing oil to dominate the transportation sector, and not investing in renewable technologies earlier in the 20th century. A National Security exercise took place, to see just how prepared America was if oil spiked beyond $4.00 dollars a gallon. Over 800,000 jobs would have been lost, and several million people would have starved or been frozen to death.
IGNORING THE DANGER OF "PEAK OIL" IS FATAL!!
Here are some video links to get you up to speed -----
National Security Meeting Scenario -This critical demonstration earmarked how devastating a small amount for oil (3 million BPD) would be to the US Economy if a disruption occurred. In terms of Energy National Security, the US Military could be completely immobilized in a short manner of time, which would put the US in further danger of terrorist attack.
Milton Copulos of the NDCF A speech report done by Milton Copulos, President of the National Defense Council Foundation, points out how foreign oil dependence takes away over 828,000 good paying jobs every year.
SET AMERICA FREE Broadcast!! A video clip reminding Americans that depending on foreign oil is a foolish mistake. While 9 out of 10 Americans agree that foreign dependence is a problem, Americans have a short term memory, and quickly forget that one SUV wastes enough gasoline to run several small automobiles.
TV News Broadcast Report with an Oil Analyst A overview by Oil Industry Analyst George Littell assuring that the ripple effect of a pipeline blast will not disrupt supply.
The hidden danger of PEAK OIL A C-Span hearing done by U.S. Congressman Roscoe Bartlett concerning the dwindling global oil reserves, and why OPEC does not have the capacity to increase production like they claim.
U.S. Congressman Roscoe Bartlett's hearing A critical warning to the American public about depleting oil reserves, a danger that will end the lifestyle of suburbia as we know it now. The awakening of global giant nations like China will make the oil reserve matter even more alarming and severe.
"Americans must be more responsible
in curving their oil dependence!"