2006-01-22 11:39 - General
I've posted before about the big problems around oil we've got on the earth. See, we use up oil like it's going out of style. But, there's definetly a limited amount of oil on the earth. So what do we do when it disappears?
Then, note that it looks like "when it disappears" is just getting sooner and sooner. Five percent of the world's oil reserves disappeared overnight, when it was admitted that estimates were overstated by double. This is basic human greed, and I'm sure other countries with big reserves are overestimating to boost confidence in their market just the same.
And I'm not the only one who's worried.