Dwindling oil supplies

"The impact of dwindling oil supplies on the economy is a persuasive
argument for shifting away from fossil fuels, write James Murray and
David King in a Comment piece in Nature this week."
An e-mail announcement from Nature Magazine

No surprise here. Restrict fossil fuels by not building refineries, don't allow deep water drilling leases and send the business to Brazil and stop pipelines and let Canada sell to China who can restrict our energy, and you have the perfect excuse (dwindling supplies) to dump more money both federal and private into alternative fuels. The crazy smart thing is, I think the same mega-conglomerates control both the fossil and the green fuel. Sort of like when the investors in railroads bought up the canal land, and then let the established canal system die.

Siemens Energy which has about 88,000 employees worldwide, generated total revenue of €25.5 billion and profit of €3.6 billion, uses the same phrase in its PR material--"dwindling oil supplies."

http://www.energy.siemens.com/entry/energy/hq/en/