Tomgram: Michael Klare, The Energy Challenge of Our Lifetime

The pump price of gasoline is plummeting, but don't be fooled - the shock of the last spike is but the beginning of another, especially as worldwide demand continues to grow. Here's a teaser from Tom's introduction to Klare's article: " ... Consider present global energy prices the equivalent of a mirage. Just this week, the International Energy Agency released the findings from its upcoming annual report, warning that, in the coming years, oil will once again break the $100 a barrel barrier and -- they target 2030, but it could be far sooner -- the $200 barrier as well. Whether six months or six years from now, a new spike in energy prices, if we are unprepared, could rock an already staggering planet. ... " Read
Michael Klare, The Energy Challenge of Our Lifetime