Expert physicist: 'At $150 dollars a barrel, the air industry is barely viable. At $200 a barrel, it’s going to [be] something that only rich people do.'
Sitting atop the queue in my inbox is an e-mail from a travel company advertising a $736 roundtrip flight from Los Angeles to Auckland. Captain Cook discovered New Zealand in 1769; for the next 200 years the idea of visiting it, for an American, would have been alien to all but a few very wealthy individuals. Things change. As I write this, a ticket to travel 6,500 miles — one-quarter of the circumference of the Earth — is only a few clicks away.
But how permanent is that change? In the last decade, studies have consistently demonstrated that the world’s storehouses of oil are drying up. Oil is now being consumed almost four times faster than it is being discovered, and in early March, Kuwaiti scientists projected that we will reach peak oil production in 2014. more...
Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.
The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.
Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.
Expert physicist: 'At $150 dollars a barrel, the air industry is barely viable. At $200 a barrel, it’s going to [be] something that only rich people do.' 
0 comments:
Post a Comment