VILLAGE TREE


Resources on the Web

Sources of green products:
http://ecomall.com/
http://www.greenculture.com/
http://www.greenmarketplace.com/
http://www.greenpages.org

www.coopamerica.org - "unshopping" list, money-saving green shopping  tips
www.socialinvest.org - a wealth of practical advise and news, rate and performance information   on all kinds of investment vehicles.
www.woodwise.org - action steps on sustainable wood use, paper, junk mail, clothing, and home improvements.
www.sweatshops.org
www.realmoney.org - news and tips on creating financial security and using your purchasing and investing power to build a better world



US Energy Security in 2000 Versus the Crisis of the 1970s

by David Borton (Ghana, 65-67)

    Oil consumption represented 22% of U.S. GDP in the 1970s compared with about 13% today.  Does that make us better off now?  We are more dependent on fossil energy now than we were then.  Then, in 1973, we were producing 9.3 million barrels a day and importing 2.9; now we are
producing 5.9 million barrels a day and importing 8.5 million barrels per day.  So we are also more dependent on imported oil.     Petroleum experts Colin Campbell, Jean LaherrĖre, Brian Fleay, and Roger Blanchard all expect a "peak" in "conventional oil" around 2005. Moreover, the CEOs of Agip (Italian oil company) and Arco have also published estimates of a peak in 2005.  Campbell and Blanchard say that Norwegian production (the second largest export) is at "peak" now and set to enter long-term decline.  Colombia and Venezuela are apparently well past their peaks and Mexico will probably peak this year at the midpoint of depletion.
    The future dates are not certain, but oil is a finite resource and the trends are clear.  This issue will effect you, the economy, and the next generation.