Actually, I plan on talking about the secret mil-gov program as soon as I can once the show starts.

If you don't like it you can kiss my big bad doomer ass.

=)

Give them the good news. The Senate Energy Bill specifies that the government should come up with a plan to reduce US oil consumption by 10 mbpd by 2031.

Our middle case is that net exports from the top five net exporters will be at zero in 2031.

We have a plan in place!

Hi Westexas, are you going to put it up at TOD shortly? Dying to have a peek, Nick.

I've already rewritten the thing about three times, because of almost daily Peak Oil bombshells dropping around us, but I am thinking of waiting to see if we cross the $100 mark in the next few days, and then post the article online. However, Khebab's excellent work, that I presented at ASPO-USA, is up on the ASPO-USA website.

Our middle case is that in 10 years it would take the combined net exports from Saudi Arabia, Russia, Norway, Iran and the UAE just to meet current US total petroleum imports.

That system is less accurate than weather forecasting, and given that it's going to be used as a management tool, the outcomes will not be what they expect, and will be far worse than we expect.