Reply #2: It's been long rumored [View All]

[lapfog_1]

that middle east countries were overstating their reserves.
The question was by how much... and the answer may be by factors
of 3 or 4 or even worse.

We need a "moon mission" effort by our government to develop
sensible alternative, and improved fleet standards in the mean time.

I think at least $100B program. The economic future of the world
is at stake. Oil at $100 or $150 per barrel is unacceptable, the
shock might lead to a worldwide depression. We DEPEND not just on
oil, but on CHEAP oil (and that's a big difference).