wogie

Peak Oil: The Next 5 Years

Looks like we (the US) won't have enough coal to last a very long time. Last spring the National Acadamies revisited the coal reserve question. With present and foseeable technology they concluded we have about 100 years of coal AT THE PRESENT RATE OF CONSUMPTION. However, forecasts of demand indicate that consumption rate will grow very significantly -- hastening the exhaustion of reserves.