Running out of energy in the long run is not the problem.... The bind comes during the next 10 years: getting over our dependence on crude oil.
Kenneth S. DeffeyesThe economists all think that if you show up at the cashier's cage with enough currency, God will put more oil in ground.
Kenneth S. DeffeyesThis much is certain... No initiative put in place starting today can have a substantial effect on the peak production year. No Caspian Sea exploration, no drilling in the South China Sea, no SUV replacements, no renewable energy projects can be brought on at a sufficient rate to avoid a bidding war for the remaining oil.
Kenneth S. Deffeyes