View Single Post
  #6  
Old April 26th 08, 06:53 PM posted to rec.aviation.military,rec.aviation.military.naval,sci.military.naval,us.military.army
Bert Hyman
external usenet poster
 
Posts: 8
Default "Analyst: Obama Would Be A Nightmare For Defense Programs, Firms"

In Mark Sieving
wrote:

On Sat, 26 Apr 2008 06:56:22 -0400, Cubdriver usenet AT danford DOT
net wrote:

On Thu, 24 Apr 2008 07:54:26 -0500, Mark Sieving
wrote:

You might recall that the oil shortages of 1976 were caused by the
Carter administration assertion that we would be out of oil by 2000.

Can't say that I do. Do you have a cite for that assertion?


Actually, I recall it as "twenty-five years".

It was much cited around here, where Onassis wanted to build an oil
refinery. No point, went the argument; there would be no oil left in
twenty-five years.


But who in the Carter administration said this, when, and in what
context?


You'll have to ignore for a moment the fact that Carter didn't take
office 'til 1977, so no statement of his administration could have
caused an oil shortage in 1976.

Still:

Jimmy Carter
The Energy Problem: Address to the Nation.
April 18th, 1977

The oil and natural gas that we rely on for 75 percent of our
energy are simply running out. In spite of increased effort,
domestic production has been dropping steadily at about 6
percent a year. Imports have doubled in the last 5 years. Our
Nation's economic and political independence is becoming
increasingly vulnerable. Unless profound changes are made to
lower oil consumption, we now believe that early in the 1980's
the world will be demanding more oil than it can produce.

http://www.presidency.ucsb.edu/ws/print.php?pid=7369


--
Bert Hyman St. Paul, MN