Monday, August 13, 2012

Take Care, Water is not a Limitless Resource

Take Care, Water is not a Limitless Resource

Cheap light crude oil production has already peaked and the resource will be all but gone within a decade. It is a matter of ebullient debate exactly to what extent that gap might be filled by unconventional sources of hydrocarbons, e.g. from tar-sands, ultra-heavy oil, oil shale, shale oil (they are not the same thing) and fracking in general. This spectral shadow looms, of the intermediary era that straddles then from now - dearth from plenty - a highly uncertain transitional period within which, either by design or default, we must gear-down…Read more...http://oilprice.com/Energy/Energy-General/Take-Care-Water-is-not-a-Limitless-Resource.html

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