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US military warns oil output may dip causing massive shortages by 2015
Guardian UK ^ | 11 April 2010 | Terry Macalister

Posted on 04/11/2010 7:20:44 PM PDT by Lorianne

The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact.

The energy crisis outlined in a Joint Operating Environment report from the US Joint Forces Command, comes as the price of petrol in Britain reaches record levels and the cost of crude is predicted to soon top $100 a barrel.

"By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day," says the report, which has a foreword by a senior commander, General James N Mattis.

It adds: "While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce, it surely would reduce the prospects for growth in both the developing and developed worlds. Such an economic slowdown would exacerbate other unresolved tensions, push fragile and failing states further down the path toward collapse, and perhaps have serious economic impact on both China and India."

The US military says its views cannot be taken as US government policy but admits they are meant to provide the Joint Forces with "an intellectual foundation upon which we will construct the concept to guide out future force developments."

(Excerpt) Read more at guardian.co.uk ...


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: economy; energy; oil; ungland
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1 posted on 04/11/2010 7:20:44 PM PDT by Lorianne
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To: Lorianne

Future fuel supplies are of acute importance to the US army because it is believed to be the biggest single user of petrol in the world


2 posted on 04/11/2010 7:21:38 PM PDT by Lorianne
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To: Lorianne
While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce....

Obviously they haven't seen "The Road Warrior".

3 posted on 04/11/2010 7:24:46 PM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: Lorianne

US military...AKA....BHO

Are you seeing a pattern, here????


4 posted on 04/11/2010 7:24:58 PM PDT by ButThreeLeftsDo (FR.......Monthly Donors Wanted.)
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To: Lorianne
I guess that means it's best to wait 'til 2012 or 2015 and start then to cover the shortfall.

On the other hand, since there is a lag of years to get increased supplies to the need, starting now won't help in 2012 or 2015, so there isn't any point in starting anything at all to fix the problem.

5 posted on 04/11/2010 7:26:49 PM PDT by stevem
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To: Lorianne
Future fuel supplies are of acute importance to the US army because it is believed to be the biggest single user of petrol in the world

And who hates the US armed forces? The same group that is destroying our ability to produce oil, Hussein and the Democrat Party.

6 posted on 04/11/2010 7:27:19 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there.)
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To: Lorianne
Yeah, but Il Duce will heal the earth and anoint us with green technology while he authorizes us to study our untapped oil fields to death. If there is one person alive and coherent who doesn't think that dim-witted Marxist puppet isn't deliberately trying to destroy America at this point, they're either complicit, or dysfunctional. Regardless, they need to be locked in a cell to protect the rest of us.


7 posted on 04/11/2010 7:29:57 PM PDT by Viking2002 (Where the hell can I get a court injunction to keep my own government out of my life?!?)
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To: Lorianne
Why sure, ya, so -— Jimmy Carter, he is a nuclear engineer didn't ya know, predicted during his presidency the last drop of the world's oil would be gone by the year 2000.

Obama-bozo-bots think Americans love their military so they will buy these lies.

A few facts would help, Coal can be turned into liquid transport fuel at less than $30 a barrel oil equivalent. If you never drill where there is oil, you may never find anymore. America has the world's largest share of coal, yet it is China who is building coal refineries at breakneck speeds right now ... Truth is your friend, lies won't sustain you.

I think this ‘warning’ is laughable on it's face.

8 posted on 04/11/2010 7:31:54 PM PDT by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: ChildOfThe60s

Exactly. Obastard thinks that the US military needs to be taken down a notch and the US along with it. What better way than to choke off our transportation needs and destroy the economy than to deny it the energy it needs.


9 posted on 04/11/2010 7:34:05 PM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
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To: ChildOfThe60s

Exactly. Obastard thinks that the US military needs to be taken down a notch and the US along with it. What better way than to choke off our transportation needs and destroy the economy than to deny it the energy it needs.


10 posted on 04/11/2010 7:34:07 PM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
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To: Lorianne
700,000 vehicles are sold every month now in China. USA about 470,000 per month. China is now GM's largest market, including the USA.
11 posted on 04/11/2010 7:34:16 PM PDT by Zuben Elgenubi
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To: Lorianne

Another reason the military should be afraid of their Commander in Chief. We need to open up the drilling in this country and do it now. Not five years from now.


12 posted on 04/11/2010 7:34:18 PM PDT by RC2
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To: Lorianne

True, so why isn’t the military building coal to liquids refineries ... Like China is now doing?

Another true-ism — If you never drill where the oil is, you may never find more oil.

And WOW, who new the USA had so much oil shale. But if you contuse to make wild horse preserves of it ...

The left is such low grade liars, it’s pathetically silly.


13 posted on 04/11/2010 7:35:20 PM PDT by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: Lorianne

“an intellectual foundation upon which we will construct the concept to guide out future force developments.”

????What sort of double talk is this?


14 posted on 04/11/2010 7:35:50 PM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: Zuben Elgenubi
Ooops, those are figures for the first quarter 2010 according to Wall Street Journal.
15 posted on 04/11/2010 7:37:55 PM PDT by Zuben Elgenubi
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To: Viking2002
If there is one person alive and coherent who doesn't think that dim-witted Marxist puppet isn't deliberately trying to destroy America at this point, they're either complicit, or dysfunctional.

Hey, that's my (tag )line!

16 posted on 04/11/2010 7:48:14 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: Lorianne

If it’s not one thing, it’s another. The word ‘collapse’ is still appearing to often.


17 posted on 04/11/2010 7:55:48 PM PDT by blam
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To: Zuben Elgenubi

Wow. Too bad those cars aren’t made in america.


18 posted on 04/11/2010 8:01:16 PM PDT by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: Lorianne

Drill Here Drill NOW!


19 posted on 04/11/2010 8:14:03 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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To: Zuben Elgenubi

Also remember that oil producers, such as Russia and Venezuela, are consuming more of their own oil, leaving less to export


20 posted on 04/11/2010 8:15:11 PM PDT by Thunder90 (Fighting for truth and the American way... http://citizensfortruthandtheamericanway.blogspot.com/)
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