http://www.timesonline.co.uk/article/0,,2099-1813695,00.html ...........
Such staggering developments have convinced us that progress is a new law of nature, something that happens to everything all the time. Microsoft is always working on a better version of Windows. Today's Nokia renders yesterday's obsolete, as does today's Apple, Nike or Gillette. Life expectancy continues to rise. Cars go faster, planes fly further, and one day, we are assured, cancer must yield. Whatever goes wrong in our lives or the world, the march of progress continues regardless. Doesn't it?
Almost certainly not. The first big problem is our insane addiction to oil. It powers everything we do and determines how we live. But, on the most optimistic projections, there are only 30 to 40 years of oil left. One pessimistic projection, from Sweden's Uppsala University, is that world reserves are massively overstated and the oil will start to run out in 10 years. That makes it virtually inconceivable that there will be kerosene-powered planes or petroleum-powered cars for much longer. Long before the oil actually runs out, it will have become far too expensive to use for such frivolous pursuits as flying and driving. People generally assume that we will find our way round this using hydrogen, nuclear, wave or wind power. In reality, none of these technologies are being developed anything like quickly enough to take over from oil. The great nations just aren't throwing enough money at the problem. Instead, they are preparing to fight for the last drops of oil. China has recently started making diplomatic overtures to Saudi Arabia, wanting to break America's grip on that nation's 262 billion barrel reserve.