Think about out it as this author has posted a very interesting question.
http://www.whiskeyandgunpowder.com/Archives/20060426.htmlCould the United States be "just like Sweden" and become oil independent within 20 years? The realist, if not the cynic, in me says probably not. And I never said that America even ought to try to go Swedish. The United States is not, after all, Sweden.
But then again, dear readers ("take-away point" here), I have to wonder from where and from whom the United States will be importing oil in 20 years, in any event. We in America might just turn Swedish over the next 20 years without having any choice in the matter.
Back to Depletion
Huh? "Turn Swedish?" What do I mean, bringing up the rather impertinent question of "from where and from whom the United States will be importing oil in 20 years?" Aren't we just going to, as the expression goes, "buy it" from people? Not so fast, pilgrims.
Let me spell it out for you. It all goes back to the geologic concept of depletion, which is not for amateurs, but neither is it some black art of the gray wizard. Let's take a look into the crystal ball of future crude oil production. We can do this with a relatively good sense of mathematical certainty, because 90% of all the oil that will ever be discovered in the crust of the Earth has already been found.
So where will we be importing oil from in 20 years?? DO you get an understanding how depletion is going to effect us all in the near future??