Wednesday, February 01, 2006

Bush - We are Addicated to Oil

Presidents since Jimmy Carter have called for reducing our reliance on foreign oil (particularly from the politically unstable Middle East). Now Bush joins that crowd with the strongest word yet "addicition". I do agree with him.

Addicition is not a good thing. We used to call it being dependent or reliant on foreign oil. Addicition is something you need to stop. So oil is a drug.

Does addicition mean the drug dealer can charge as much as they want?

Could Bush be looking a peak oil graphs - and see that in 20 years (2025) that oil production will be at 25% of current production.

Here is a recent example from the news on Middle East oil:

"LONDON, Jan 20 (Reuters) - OPEC producer Kuwait's oil reserves are only half those officially stated, according to internal Kuwaiti records seen by industry newsletter Petroleum Intelligence Weekly (PIW). "

Kuwait - used to say that they had about 10% of the world's oil reserves.

I was positively surprised that President Bush did not mention increasing drilling in the US. Maybe he accidently skipped a paragraph in his speach?

I was expecting to hear Bush say that he/the government wanted the authority to site liquified natural gas ports where he wanted them. But the administration may have realized that LNG ports mean the US will also become addicited to foreign sources of natural gas.

Do Americans understand the difference between oil and gas?

I am very very sad to hear the alternative energy and clean energy includes clean coal and nuclear. This is true contortion of what "alternative" and "clean" means. Clean coal is not clean - nor is nuclear. Perhaps we will need to use the pharse "renewable energy" when refering to solar, wind, hydro etc .

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