From Wikileaks comes a new story (The Guardian UK and Fast Company versions linked to above) that states Saudi Arabia's oil reserves may have been grossly overstated, and that "peak oil"--the point at which global petroleum production has reached its maximum capacity--may hit as early as 2012.
For those who don't understand what that means, simple economics states that when supply suddenly becomes stagnant, with no hope for any significant increase ever, yet demand keeps rapidly increasing, costs skyrocket.
If true, this is really serious stuff.
So, aside from getting out of the Middle East and global climate change, the US has another reason to immediately pursue alternative energy to ensure its national security.
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