
I would like to recommend an article published in Slate, but before doing so I will also give you the following information:
Slate is a United States-based English language online current affairs and culture magazine created in 1996 by former New Republic editor Michael Kinsley, initially under the ownership of Microsoft as part of MSN. On 21 December 2004 it was purchased by the Washington Post Company. Since 4 June 2008 Slate has been managed by The Slate Group, an online publishing entity created by the Washington Post Company to develop and manage web-only magazines.
As the Washington Post has a high level of credibility one can imagine that an article in Slate would have the same. The reason I raise this is an article: The Myth of “Saudi America” – Straight talk from geologists about our new era of oil abundance” by By Raymond T. Pierrehumbert. The story he tell us is, in principle, the same story that I have been telling for some time and I recommend that you read it.
Raymond T. Pierrehumbert is the Louis Block Professor in Geophysical Sciences at the University of Chicago. He was a lead author of the IPCC Third Assessment Report and is a fellow of the American Geophysical Union.
The Myth of “Saudi America” – Straight talk from geologists about our new era of oil abundance
“At the high end of the estimates, predicted production from Bakken and Eagle Ford together amounts to perhaps a two-year oil supply for the United States at 2011 consumption rates. That’s significant but not a game-changer. Even if it were to prove possible to achieve production rates comparable to those of Saudi Arabia, that would only mean that we would deplete the resource faster and bring on an oil crash sooner.”
tahoevalleylines
March 13, 2013
Nothing has changed the strategic need for the United States to reinstate the railway footprint seen circa 1950. Only with ability to assure transport/distribution with the local railway service ability just subsequent to the WWII years shall the United States be in position to pass through the Oil Interregnum with smooth flow of goods and resources needed to maintain economic stability.
The threat of oil flow disruption owing to Middle East conflict grows with time, and NATO treaty responsibilities obligate American release of oil reserves when EU oil shortages result from unforeseen? events in and around the Gulf States. American rubber tire transport, especially trucking and “Just-In-Time stocking practice can only deteriorate in Federal Executive Emergency Orders for motor fuel rationing. Of course the same case can be made in every country now operating a de-minimus railway component…