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Ambani Says U.S. Will Be Energy Independent in 5-7 Years


Parsad
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Munger made a good point last year that it is probably smarter long term to use up other countries energy first and keep ours in reserve for ourselves. Maybe its a good idea to make the other countries think that we don t want their energy, but continue to use it up.

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Munger made a good point last year that it is probably smarter long term to use up other countries energy first and keep ours in reserve for ourselves. Maybe its a good idea to make the other countries think that we don t want their energy, but continue to use it up.

 

That's true, it probably is smarter long term assuming we continue to use the same resources for fuel as opposed to other renewable sources. But I wonder though, how would US policy makers ensure we use their resources first without noticeably damaging the economy and/or getting kicked out of office? 

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Munger made a good point last year that it is probably smarter long term to use up other countries energy first and keep ours in reserve for ourselves. Maybe its a good idea to make the other countries think that we don t want their energy, but continue to use it up.

 

Not sure about that one considering Solar's equivalent of Moore's law.

 

http://farm9.staticflickr.com/8246/8461238107_ed2bda7f10.jpg[/url]

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My understanding is that shale/tight oil production will also be peaking around 2020, and then decline rapidly.

 

http://ic.pics.livejournal.com/crustgroup/21152339/136207/136207_600.png

 

Is this the same group that said that we peaked in the 70's and then that we peaked in the 80's and then that we peaked in the 90's and that we... well you get the idea.

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