A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World

This is a book all North Americans should read. We seem blissfully unaware of the fact that our motor vehicles are using a non-renewable resource which will eventually run out. In fact, this book explains that we will not actually run out of oil. Instead, its price will rise as we need to exploit harder to extract, and more costly petroleum. As the price of petroleum products rises, it becomes profitable and therefore possible to pump oil up from deep under the sea. It becomes possible to explore ever more remote sites - like the northern slope of Alaska. Canadian tar sands were not profitable when the price was $20 per barrel. At $40 and $60, they are real money makers.

This book should be required reading for conservative presidents of the U.S.A.. Perhaps somebody will read it to him . . .