Page added on November 30, 2005
Even if nothing disrupts the projected flow of Middle East petroleum, Energy Department consultants warned earlier this year that “the world is fast approaching the inevitable peaking” of global oil production – a problem “unlike any faced by modern industrial society.”
They wrote that the United States and other nations are in a race with the clock to find alternative sources for oil, “the lifeblood of modern civilization,” and avoid potential economic disaster.
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