Coal

[sumisu]

A PROFOUND DOCUMENT

I suggest that all read this report that I reviewed for another board a while back. It is sometimes referred to as the Hirsch Report with the official name: PEAKING OF WORLD OIL PRODUCTION: IMPACTS, MITIGATION, & RISK MANAGEMENT.

http://www.investorshub.com/boards/read_msg.asp?message_id=10310387

The closing of part of the our oil supply from Alaska for pipeline repairs will significantly impact us. Immediately there has been a clamor on TV to tap the Strategic Petroleum Reserve. I have no problem with this action, as it was established to counter supply disruptions. Here is a link:

http://people.howstuffworks.com/question478.htm

The irony in supply disruptions is that they get immediate attention for the immediate problem. But since Peak Oil is not yet an immediate problem, it is relegated to the back burner. Myopia seems to prevail for Peak Oil.

sumisu