
@ Duncan
I'm going to join the chorus of thanks as well. There are new finds of oil and gas announced many times a year. In addition there are known reserves which have, for political and economic reasons, not been tapped yet. In the US, there is the oil shale formation in Colorado, Wyoming and Utah which holds estimated reserves at a volume sufficient to sustain America at 2005 use levels all by itself for 150 years. And the exploration beat continues to pound - every year our ability to detect oil and gas reserves improves and as surely as the sun rises, we find new gas and oil fields. Wasn't it Shell which announced a couple of weeks ago the discovery of a huge gas field in the Gulf of Mexico?
Before I get horribly slagged for being anti-progress or something like that, let me state that I'm all for having modern economies based on a different energy source than oil/gas, and have been for a long time. I favour hydrogen as that source, but am willing to entertain other ideas. I'm also a big fan of the idea of putting more money into fusion research than is currently being allocated. There are technical hurdles which must be surmounted for both of those technologies, but in case nobody noticed, man is by nature a species that has consistently surmounted technological problems to make life measurably better for most of it's members.
My complaint about the greens who want to force the end of oil and gas use ASAP is that economically it's just not feasible to turn any economy to an new fundamental energy source overnight. If we'd taken a more measured path of 20-30 years to convert to alternatives and renewables from the start, I wouldn't object. But trying to do it under pressure from the MMCC crowd and make it happen in a decade or less is just economic madness. There will be human fallout from such an abrupt change, and that human fallout will be as dire as any impact of alleged climate change than might have been.