Bush's last gasp on oil

USA has only 3 years of proven reserves left if there were no imports ANWAR and off shore deposits are about 30 billion barrels With consumption at 21 million barrels/day presently avirtual drop in the bucket weith at least 10 years to develop Solution is to decrease demand, with more fuel efficent vechicles, develop  biomass technology, utilize coal, bio-fuels from non food cellulose materials,...

Whether it is demand destruction, increased development of alternatives and renewables, increased conservation or increased drilling, any hidden benefits found in high oil prices will not out weigh the damage that is being done to business, individuals and our economy. And although it is obvious in reading the source article that oil prices have not reached the tipping point yet, it certainly can’t...