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received’t be the water reactors we now have because fissionable uranium is of finite provide on the earth. We will have to move to breeder reactors and the issues that include that. And which could be quite preferable, Mr. Chairman, to shivering at midnight, if that is your alternative sooner or later. The most cost-effective oil that we use that we buy is the oil that we do not use. And so if we’re going to have any power to spend cash on alternatives it’ll take three issues. Money we won’t fear about that. We will simply borrow cash from our kids and our grand kids. But you can’t borrow time and you can’t borrow power from our youngsters and our grand youngsters. And we are going to need to make big investments of both time and power to get these options. In order to have energy to speculate, we are going to have to have monumental conservation efforts now in order that we free up a variety of the oil because if in reality we’re reaching peak oil, when we now have reached peak oil, all of the oil that is produced is required by the world’s economies, none shall be available to spend cash on the options. We have solely 2% of the world’s oil reserves but we’re producing 8% of the world’s oil which signifies that we are pumping our oil roughly four instances faster than the relaxation of the world. We are really good at pumping oil. These data have made me against drilling in ANWR and offshore, because if we have only 2% of the known reserves of oil, how is it in our national security interest to use up that little bit of oil we’ve as rapidly as possible? If we could pump the offshore oil and ANWR oil tomorrow, what would we do the day after tomorrow? And there will be a day after tomorrow. I would like to husband these sources. This could be very very like having money within the financial institution that’s yielding really excessive interest rates. If you have cash within the bank yielding actually high interest rates, you most likely would depart it there and that is what I assume we have to do for the second with this oil. 0 of our main citizens, Boyden Gray, McFarland, Jim Woolsey, and 27 others including a lot of retired four star admirals and generals wrote a letter to the President saying Mr. President, the reality that we have solely 2% of the known reserves of oil and we used 25% of the world’s oil and import nearly two-thirds of what we use is a very unacceptable national security threat. We need to do something about that. I would submit that if you do not believe that there is such a factor as Peak Oil, you should understand that this really is a giant nationwide safety danger. And the things that we need to do to transition to alternate options so that we aren’t so depending on international oil are exactly the identical issues that we have to do to attenuate the effects of Peak Oil. The United States solely possesses 2% of the world’s oil reserves and only produces 8% of the world’s oil capacity. Therefore, we aren’t in a position to control the world’s oil manufacturing. Simple, on a daily basis issues like

american flag love fishing all over printed classic cap 2
american flag love fishing all over printed classic cap 2

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