Chevron Finds Huge Source of Alternative Energy - Conservation
Chevron is engaged in an interesting public dialog related to peak oil.
Because of surging economies in the developing world and continued growth among the industrialized nations, global energy use is soaring. As a result, supplies are tight. Prices are rising. And energy users are calling for viable alternatives.
The good news is we’ve got a huge source of alternative energy all around us. It’s called conservation, and it’s the lowest cost new source of energy we have at hand. Since 1973 alone, improvements in energy efficiency have resulted in a 50% reduction of our daily energy use, which is the same as discovering 25 extra million barrels of oil equivalent every single day. Clearly, saving energy is like finding it. But we all need to do more.