PLAIN TALK CONTINUED:
THE WORLD HAS AN OIL RESERVE OF APPROXIMATELY ONE TRILLION BARRELS.
AT THE PRESENT RATE OF CONSUMPTION, OIL WILL BE EXHAUSTED BY THE YEAR 2040.
THE PRICE WE ARE NOW PAYING IS THE EQUIVALENT OF �FOOLS GOLD.� WITHIN 10 YEARS, THE MIDDLE EASTERN STATES WILL CUT THEIR PRODUCTION BY 50%.
IT�S CRITICAL FOR G7 AND THE EUROPEAN UNION TO HAVE A RESERVE OF AT LEAST 10 BILLION BARRELS.