The peak oil debate is over
“Large conventional oil production is increasingly no longer part of the future. We must expect to get along without what has been our critical energy source in expanding the world’s economy for more than half a century. But acceptance [of the idea of peak oil] by knowledgeable people is not enough.
“Our willingness, let alone our ability, to do anything serious about the impending inability to increase oil output is still a long way off. The political order responds to what the public believes today, not to what it may come to believe tomorrow.”
Dr. Schlesinger has served as Chairman of the Atomic Energy Commission (1971-73), Secretary of Defense (1973-75), Director of the CIA and was the first Secretary of Energy (1977-79).
Keynote address to the recent ASPO-USA conference in Washington D.C. (transcript and video) .
October 30, 2010