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and everything seemed to be working.

Yeah, we were called alarmists.

We don't live in that world anymore.

Americans were on the way to

owning millions of cars.

on the planet.

They all run on oil.

It takes uncounted barrels of oil,

to make those cars and engines

in the first place.

And you cannot plug any new technology into

an internal combustion powered engine.

With 7 gallons of oil in every tire,

nobody will ever make

because there ain't gonna be enough oil.

Ethanol is an absolute

joke.

First of all, a very brilliant scientist,

David Pimentel, took the concept of net energy,

how much energy do you invest,

versus how much do you get in return,

and he concluded about a decade ago,

I guess,

that it takes more energy to make ethanol,

than you get from burning it,

which is absolute stupidity.

Because you drive the oil powered machines, et cetera,

you irrigate, you produce the fertilizers,

you're burning all that oil and natural gas to grow it.

Then you make steam,

which is more hydrocarbon energy,

you add more chemicals,

and you come up with ethanol,

which you can put in a car.

Now the Bush administration had annouced

a goal of having 15%

of all fuel in the United States made from ethanol,

I think, by the year 2015.

They forgot to tell you that that would take

all the arable land used

to grow corn to do it.

Canadian tar sands is an oil.

It is a very, very thick,

sticky, obnoxious substance,

that's mixed in with sand,

at levels two, three, four, five hundred feet

in layers beneath the soil, this is in Alberta.

And they literally stripmine

thousands of tons a day.

They put them in these huge oil powered

dumptrucks and drive them to a place where

they then wash the sand.

They take billions of gallons of freshwater

at which we're running out of everywhere,

and boil it buy burning natural gas.

There is not a possibility anywhere,

that Canadian tar sands production

will exceed maybe

three and a half million barrels a day.

The first thing that the uneducated mind

that's in denial says,

well, what about hydrogen.

Can we make electric cars?

And I have to bring them back to the fact

that there's 7 gallons of oil in every tire,

there are thousands of gallons of oil in every car,

in the plastics, the paints, the resins.

Everything. All of that's made by oil.

The oil that's used to manufacture the car,

and ship it around to heat the metals, et cetera.

There will never be 800 million

electric powered vehicles,

and electricity is not an energy source.

electricity is generated

by burning or using

some other kind of energy.

It's clear that electricity

is the key to industrial civilisation,

in that it powers our refrigeration,

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