Michael T. Klare is a professor of peace and world security studies at Hampshire College in Amherst, Mass., and the author of Blood and Oil: The Dangers and Consequences of America's Growing Petroleum Dependency.
Posted on: Feb 16, 2007, Source: Foreign Policy in Focus
Global warming is an energy problem, and we cannot have both an increase in conventional fossil fuel use and a habitable planet. Yet the United States is projected to consume 35 percent more oil, coal, and gas combined in 2030 than in 2004.
Because global oil supplies are never likely to be truly abundant again, it would only take one major storm or one major crisis in the Middle East to push crude prices back up near or over $80 a barrel.