Sunday, August 12, 2012

Prepare for gasoline rationing

WASHINGTON: The next great oil crisis - Opinion - "One outspoken Energy Department consultant, Robert Hirsch, alleged that the administrations of both Presidents George W. Bush and Barack Obama have engaged in a cover-up of the likelihood of an oil shortage. Hirsch predicted a shortfall will hit in the next four years and send shockwaves through the world economy, possibly leading to gasoline rationing. Few governments have implemented intensive conservation programs to stretch out supplies during a decades-long transition to more fuel-efficient vehicles."

'via Blog this'

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