Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Tuesday, March 4, 2008
Oil Supply and the Economy
ELA readers will note there are two distinct arguments going on right now about oil supplies. One is about the geological oil supplies remaining, the other is about effective affordable oil supplies remaining.
This article discusses geologic oil supplies and the future, but note it does not address the affordability of these supplies (remember we stopped burning wood for heating needs long before all of the world's forests were chopped down - why?, because coal came along as a cheap solution - we need a similar transition to sustainable energy sources now).
This article discusses the effects of increased oil prices on the economy - perhaps a more relevant consideration than when geological supplies will peak.
This article discusses geologic oil supplies and the future, but note it does not address the affordability of these supplies (remember we stopped burning wood for heating needs long before all of the world's forests were chopped down - why?, because coal came along as a cheap solution - we need a similar transition to sustainable energy sources now).
This article discusses the effects of increased oil prices on the economy - perhaps a more relevant consideration than when geological supplies will peak.
Labels: economy, oil supply/demand
posted by Jamie Lang at 3:57 PM
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