6/27/11
The high cost of fuel will not be going away
USATODAY.com - Debate brews: Has oil production peaked?: "Since 2000, the cost of finding and developing new sources of oil has risen about 15% annually, according to the John S. Herold consulting firm." The current hovering around a $4 level in the US will only increase over time. We will live by incremental levels as we race to create alternatives. The text quoted was written six years ago.
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