Oil at $110 a barrel. Gasoline at $3.35 (or more) per gallon. Diesel fuel at $4 per gallon. Independent truckers forced off the road. Home heating oil rising to unconscionable price levels. Jet fuel so expensive that three low-cost airlines stopped flying in the past few weeks. This is just a taste of the latest energy news, signaling a profound change in how all of us, in this country and around the world, are going to live
supplies are not exactly disappearing — though that will occur sooner or later — but they are not growing fast enough to satisfy soaring global demand.
Here, in a nutshell, are five key forces in this new world order which will change our planet:
1. Intense competition between older and newer economic powers for available supplies of energy:
2. The insufficiency of primary energy supplies:
3. The painfully slow development of energy alternatives:
4. A steady migration of power and wealth from energy-deficit to energy-surplus nations:
5. A Growing Risk of Conflict:
clipped from: www.commondreams.org