Oil Execs Encourage Conservation

[Subdivisions]

http://www.theglobeandmail.com/servlet/story/LAC.20070719.ROIL19/TPStory/Business

Oil executives sound alarm about fuel use

SHAWN MCCARTHY
July 19, 2007

OTTAWA -- When executives from the world's largest oil companies say we need to cut back on our consumption, it should serve as the ultimate wake-up call about a looming energy crunch.

Yesterday, the former chairman of Exxon Mobil Corp. and the current chairman of Chevron Corp. led an urgent call for dramatic increases in vehicle fuel mileage standards and the rapid adoption of ethanol and other biofuels.

Without those measures and a host of others, the U.S. could face a punishing energy crisis by 2030 that would spare no energy consuming nation.

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TheOilDrum.com has their attention focused squarely on the report due out today and the following link: http://www.theoildrum.com/node/2789

[snappyturtle]

1. Too bad they didn't do this in the seventies, isn't it? K&R n/t