I am going to drop by the Governor's Energy and Environment Transition Team meeting today in Albuquerque. I am hopeful it will concentrate on renewable and alternative energy issues, which the Governor has already signed onto big time.
I am reading a book titled "The End of Oil" by Paul Roberts right now. It is a sobering look at our planet's energy consumption and supplies and it really makes clear that the oil industry's future is not bright. That is not because they are inefficient at what they do, it is because the worlds supply of oil and its production has peaked and may well just dribble away within thirty years.
China's demands for oil and energy in the next twenty years alone will surpass today's total worldwide production of oil.
In the meantime we in New Mexico have to figure out, while there is still time, how our state government will function with little or no oil revenues in the future.