Towards balanced abundance.

America’s $2 billion dollar-a-day oil habit actually costs an additional $4 billion in indirect costs, to the total of $6 billion dollars a day, or 16% of our Gross Domestic Product. That’s $1.5 trillion in additional costs varying from supply-side economics, oil-price volatility, and the cost of our military engagements in the Gulf region.

Our way of life is soon to be shocked by the geologic reality that the Earth’s oil supply is finite.

Some thoughts on the passing year and the year ahead.

A large portion of my talk had centered on what I affectionately call the American Biofuels Fiasco. As most in the biofuels sector can tell you, for the majority of producers, distributors, and marketers, things in the last two years have not gone acording to plan.