#oil

Today, a principal tenet of geology is that a vast majority of the world’s oil arose not from lumbering beasts on land but tiny organisms at sea. It holds that blizzards of microscopic life fell into the sunless depths over the ages, producing thick sediments that the planet’s inner heat eventually cooked into oil. It is estimated that 95 percent or more of global oil traces its genesis to the sea.

Today, a principal tenet of geology is that a vast majority of the world’s oil arose not from lumbering beasts on land but tiny organisms at sea. It holds that blizzards of microscopic life fell into the sunless depths over the ages, producing thick sediments that the planet’s inner heat eventually cooked into oil. It is estimated that 95 percent or more of global oil traces its genesis to the sea.

"Palin says Alaska supplies 20 percent of U.S. energy. Not true. Not even close."

"We simply cannot pretend, as Senator McCain does, that we can drill our way out of this problem. We need a much bolder and much bigger set of solutions. We have to make a serious, nationwide commitment to developing new sources of energy and we have to do it right away. "

"There is growing distress among both Republicans and Democrats in Congress about the huge profits reported by oil companies last week."

"About the only vehicle Bush has much say in is the 2001 white Ford F250 pickup he keeps on his ranch. At the nationwide gasoline average of $2.61 a gallon, it would cost at least $75 to fill the Ford's tank. The 1999 four-wheel-drive model gets 13 miles

"The United States administration turned a blind eye to extensive sanctions-busting in the prewar sale of Iraqi oil, according to a new Senate investigation." Any voters' remorse yet? Anyone else convinced they're crooks?

"It's hard to think of a worse formula for wrecking the country."

'Welcome to "The Detroit Project," our grassroots campaign to prod Detroit automakers to build cars that will get Americans to work in the morning without sending us to war in the afternoon -- cars that will end our dependence on foreign oil.'

"Higgins said most diesel vehicles do not have to be modified to burn biodiesel, and auto manufacturers support fueling their vehicles with biodiesel, which burns cleaner than standard fuel."

Beginning of Peak Oil? Glad I have a gas-thrifty car instead of a wide-ass SUV

Peak oil, here we come!

"Petroleum reserves are limited. Petroleum is not a renewable resource and production cannot continue to increase indefinitely. A day of reckoning will come sometime in the future."

"The conclusion is clear: if we do not immediately plan to make the switch to renewable energy ... then civilisation faces the sharpest and perhaps most violent dislocation in recent history."

Is it time for tin-foil hats, or are we really doomed?