Wednesday, May 28, 2008
Oil - Left in the Ground
Even though, oil now has everyone's attention, I see it as only a piece of a bigger problem.
That problem, is that the world seems to have evolved into "governing by crises". In my opinion, that means that politicians hold out on everything until they can see a benefit for themselves.
That benefit is likely to be "quid pro quo" of some kind. It may be financial, public recognition, or perhaps just an ego trip of holding such power.
Whatever it is, or whatever you call it, it's obviously not benefitting mankind; and, that's why it's so very bad...
That problem, is that the world seems to have evolved into "governing by crises". In my opinion, that means that politicians hold out on everything until they can see a benefit for themselves.
That benefit is likely to be "quid pro quo" of some kind. It may be financial, public recognition, or perhaps just an ego trip of holding such power.
Whatever it is, or whatever you call it, it's obviously not benefitting mankind; and, that's why it's so very bad...
Kevin Bullis reports at TechnologyReview.com:
"Even with record-high oil prices, about two-thirds of the oil in known oil fields is being left in the ground. That's because existing technologies that could extract far more oil--as much as about 75 percent of the oil in some oil fields--aren't being widely used, according to experts in the petroleum industry."
