Electric vehicles - Why Go Green?
According to oil production analyst and commentator Matthew Simmons, world oil production may have well passed its peak, and supplies will be getting less with every passing year from now on. This assumes that only conventional oil sources are economically and technologically feasible (non-conventional sources like shale and tar sands are estimated to contain at least trillions of barrels of oil). This situation of diminishing energy will trigger severe changes in the way we work, get our food, and travel, and the volatility of petroleum prices will be reflected in the social unrest that follows.
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According to oil production analyst and commentator Matthew Simmons, world oil production may have well passed its peak, and supplies will be getting less with every passing year from now on. This assumes that only conventional oil sources are economically and technologically feasible (non-conventional sources like shale and tar sands are estimated to contain at least trillions of barrels of oil). This situation of diminishing energy will trigger severe changes in the way we work, get our food, and travel, and the volatility of petroleum prices will be reflected in the social unrest that follows.
Read More Here...
