Best reports I have seen say 'peak' with hit about 2030 and plateau for ~20 years. While the peons (look in the mirror if you ware wondering of who I speak) are bracing for higher costs, the major automotive transportation companies are building plants. It is quite possible (effing sure bet) they know more than a bunch of politicians, failed ones included.
Governments have never been responsible. As far as I know they have never done anything promoting business other than war.
Politicians are quick to blame and slow to accept responsibility. One only has to glance at the 'oil situation' and see they run in a reactive rather than a pro-active mode. They get their life blood from subjecting those who are under their influence to vote for them.
One quick little observation, the government created 'environmental protection'. The blame is on the 'oil companies' for not building refineries. The 'environmental protection' agencies required the addition of MTBE to the gasoline supplies but accept no blame for it getting into the ground water. The problem was known for years before any action was taken.
It seems to me the folks promoting this warming idea are those that are profiting from the regulations and grants attached. I could be right. They may be a bunch of scoundrels. And, all political parties in the US are defiantly guilty.
I suspect any solutions will come from private industry, not government meddling.
Ron
Adventure is just bad planning." -- Roald Amundsen
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