"Washington apparently didn't note the recent statement of Saudi oil executive Sadad Al-Husseini: 'There has been a paradigm shift in the energy world whereby oil producers are no longer inclined to rapidly exhaust their resource for the sake of accelerating the misuse of a precious and finite commodity."
[Link: St. Cloud Times Opinion:]
It is hard to fault the logic of the Saudis on this one. If there were a hint of logic in the human race, that would be what we would all be trying to accomplish. Oil has been so undervalued these last 100 years. By using oil for heating and transportation we are going to use all of this precious resource up in the next couple of decades even though both of those uses could be done in other, granted less convenient, ways. In the meantime critical uses such as advanced medicines that are derived from hydrocarbons will be withheld from future generations.
I doubt if OPEC will be able to hold on to that goal when the U. S. starts running short of gasoline. Mr. Bush or those that will follow in his footsteps would never be able to let that happen. We are far too committed to this valuable commodity. We are determined to go down driving.
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