U.S. Armed Forces Predicting Peak Oil

Surplus oil production capacity could go away in the next two years and shortages could get serious by 2015, says a new report from the U.S. Joint Forces.
April 16, 2010, 1pm PDT | Tim Halbur
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AutoBlogGreen says that the source of the army's numbers goes uncited in the report, but is similar to a peak oil assessment from Kuwait.

"The U.S. military thinks we're one step closer to peak oil, the point at which oil demand will forever outstrip oil supply, and therefore we're one step closer to fighting over the last rusting cans of gasoline like so many scraps of meat. On the plus side, we're also one step closer to finally equipping our cars with superchargers and massive gas tanks rigged with explosives a la Mad Max and his archetypal peak-oil sled, "the last of the V-8 Interceptors.""

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Published on Friday, April 16, 2010 in AutoBlogGreen
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