Oil owners have been desperately pumping out as much oil from their wells as possible.
They have been doing it for the last twenty years.
Their owners are greedy and want to make as much money as possible.
But the best they are able to do is to pump out 85 million barrels a day to an oil hungry world.
That is not nearly enough; worldwide consumption today is 87 million barrels daily and is growing.
Something has to change, and it will be the price of available oil supplies.
The nations that need the oil will have to pay over 300 dollars a barrel.
China and India have over two billion people who are exposed to television views of the west.
They see how well other nations live and the products they use.
Billions of them want autos and air conditioners plus lots of other goodies.
They demand to have them and their governments have no choice but to give them what they want.
It cost over 200 barrels of oil to produce one auto and the Chinese and Indian people want to own the largest and the best.
The demand for oil is growing quickly and there is no power on earth that can stop this tidal wave of desire.
Even if new oil fields are discovered they will not be able to come on line for another ten years.
Alternative energy ideas can never feed such large demands for energy.
There is nothing that can replace oil.
The world is in an awful mess.
It is often said that for every problem there is a solution.
We are now faced with the problem of having a limited supply of oil.
This solution requires pain and some of us have to painfully sacrifice their hopes so others can realize theirs.
Those that make that sacrifice will give up the right to use what is left of the world's oil and will suffer in poverty.
The fortunate will enjoy the luxuries of technological societies powered by abundant oil.
There is no other solution.
The Mid-East is sitting on more than half of the world's oil reserves, and that oil is as precious as water in a dry desert.
No responsible government leader will deprive their nation of full access to that oil.
Armies are building up strength because they know that there will be a military battle.
War is thought by many to be the only solution to an otherwise unsolvable problem.
Oil has now taken the place of God in a world where billions of people want the best for themselves.
melpol
They have been doing it for the last twenty years.
Their owners are greedy and want to make as much money as possible.
But the best they are able to do is to pump out 85 million barrels a day to an oil hungry world.
That is not nearly enough; worldwide consumption today is 87 million barrels daily and is growing.
Something has to change, and it will be the price of available oil supplies.
The nations that need the oil will have to pay over 300 dollars a barrel.
China and India have over two billion people who are exposed to television views of the west.
They see how well other nations live and the products they use.
Billions of them want autos and air conditioners plus lots of other goodies.
They demand to have them and their governments have no choice but to give them what they want.
It cost over 200 barrels of oil to produce one auto and the Chinese and Indian people want to own the largest and the best.
The demand for oil is growing quickly and there is no power on earth that can stop this tidal wave of desire.
Even if new oil fields are discovered they will not be able to come on line for another ten years.
Alternative energy ideas can never feed such large demands for energy.
There is nothing that can replace oil.
The world is in an awful mess.
It is often said that for every problem there is a solution.
We are now faced with the problem of having a limited supply of oil.
This solution requires pain and some of us have to painfully sacrifice their hopes so others can realize theirs.
Those that make that sacrifice will give up the right to use what is left of the world's oil and will suffer in poverty.
The fortunate will enjoy the luxuries of technological societies powered by abundant oil.
There is no other solution.
The Mid-East is sitting on more than half of the world's oil reserves, and that oil is as precious as water in a dry desert.
No responsible government leader will deprive their nation of full access to that oil.
Armies are building up strength because they know that there will be a military battle.
War is thought by many to be the only solution to an otherwise unsolvable problem.
Oil has now taken the place of God in a world where billions of people want the best for themselves.
melpol