AMERICAN NATIONAL SECURITY
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America
is a great nation, perhaps the greatest in History, however the price
of greatness is responsibility. Within the coming two decades, we
must prevail in the energy revolution. Our military cannot equip
our troops without hydrogen powered machines. We need to be in a
position to defend ourselves, and it is incumbent on us all to preserve
oil. In the midterm, Russia and Iran are the countries which will have
the most oil. China already owns a disproportionate amount of American
currency, and their appetite for oil will be unprecedented.
Is that enough said?
Here is More... |
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| September 2005 “Energy Trends and Implications for U.S. Army Installations” |
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| Excerpts: |
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| *Petroleum Trends – “The
Supply of Oil will remain fairly stable in the very near term, but oil
prices will steadily increase as world production approaches its
peak. The doubling of oil prices in the past couple of years is
not an anomaly, but a picture of the future. Peak oil is at hand
with low availability growth for the next 5 to 10 years. Once
worldwide petroleum production peaks, geopolitics and market economics
will result in even more significant price increases and security
risks.” |
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| “Renewable Energy Trends -
"Renewable energy technologies will certainly be a growing part of the
energy mix and will penetrate faster and further than conventional
energy advocates think. Early adoption to promote this market and
these technologies is inherently in the Army's interest. From an
economic perspective, the cost of renewable technologies continues to
fall while the cost of conventional energy sources continues to rise.” |
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| *Energy Implications for Army Installations - "The
days of inexpensive, convenient, abundant energy sources are quickly
drawing to a close. Domestic natural gas production peaked in
1973. The proved domestic reserve lifetime for natural gas at
current consumption rates is about 8.4 yrs. The proved world reserve
lifetime for natural gas is about 40 years, but will follow a
traditional rise to a peak and then a rapid decline. Domestic oil
production peaked in 1970 and continues to decline. Proved
domestic reserve lifetime for oil is about 3.4 yrs. |
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World
oil production is at or near its peak and current world demand exceeds
the supply. Saudi Arabia is considered the bellwether nation for
oil production and has not increased production since April 2003.
After peak production, supply no longer meets demand, and prices and
competition increase.
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