This video shows a college lecture where a student ask about why the limits to oil are not part of the lecturer's considerations only to be told that some countries have "unlimited oil" and then when pressed the lecturer reaffirms this statement:
http://youtu.be/OTg8q7Bluqo
How dare they teach such utter nonsense in a University? Can you imagine paying vast amounts of tuition money to be "educated" in such a fashion?
Transportation chief says oil supply ‘unlimited’
From Kristine Hadeed and Jalisa House, VCU InSight and Claire Porter / Capital News Service / January 29, 2012
In remarks that raised some eyebrows in the audience, the nation’s top transportation official said this week that there is an “unlimited supply of oil” in parts of the world.
U.S. Transportation Secretary Ray LaHood made that statement Wednesday at Virginia Commonwealth University at the end of a town hall meeting attended by about 75 students, staff, and faculty members.
In the last question of the hour-long meeting, Vicente Gonzalez, a junior majoring in social justice at VCU, asked LaHood about a previous statement he made regarding future standards for automobile efficiency.
“I was wondering,” Gonzalez said, “you said that by 2025, the deal is to have 50 mile-per-gallon [vehicles]?”
“Fifty-four, yeah,” LaHood said.
“Well,” Gonzalez asked, “if we’re expected to exhaust all the world’s oil reserves within the next 25, 30-ish years, then why is gasoline being discussed in these negotiations at all?”
LaHood responded, “There’s an unlimited supply of oil in many countries around the world.”
Gonzalez questioned that, saying, “Unlimited?”
“Absolutely. Absolutely,” LaHood replied. “Now, some of these countries aren’t our friends, others are.” ...