Greek translation: μετάφραση ΕΔΩ.
Well, President Bush is an honest man; a man of God: He recently admitted authorizing torture (see the related post -here).
Now, Mr. Bush admits that PeakOil is REAL!
Till now, those people who warned about the immanent Oil crisis were being dismissed as conspiracy theorists, or (at least) as unrealistic pessimists. It now appears that the situation is as bad as predicted by pessimists like Jim Kunstler.
Here is the original news article:
Most Important Quotes from George Bush, April 29, 2008:
…I think we better understand that there’s not a lot of excess capacity in this world right now.
…demand is rising faster than supply. And that’s why you’re seeing global energy prices rise.
…But there is no magic wand to wave right now….