You know were in trouble when the head honchos start talking about conservation:
Oil Execs Encourage Conservation
OTTAWA -- When executives from the world's largest oil companies say we need to cut back on our consumption, it should serve as the ultimate wake-up call about a looming energy crunch.
Yesterday, the former chairman of Exxon Mobil Corp. and the current chairman of Chevron Corp. led an urgent call for dramatic increases in vehicle fuel mileage standards and the rapid adoption of ethanol and other biofuels.
Without those measures and a host of others, the U.S. could face a punishing energy crisis by 2030 that would spare no energy consuming nation.