On the recordMarch 14, 2006
this is a historic event for me personally because it was just one year ago this date that I first came to this floor to talk about the subject of peak oil. As a matter of fact, that subject was so new that when we were preparing to give that first talk, we were debating should we talk about the great rollover or should we talk about peak oil. The great rollover refers to that peak of the curve when it rolls over and you start down the other side of that consumption curve, which is the availability curve of oil. We finally decided that the proper designation to use was ``peak oil,'' and I guess that most other people who are talking about this subject have decided the same thing, because in this year, Mr. Speaker, just about everybody is talking about peak oil. We looked at the statistics for last year and found that oil has increased about $10 a barrel, about 52 or 53 last year, 62 or 63 this year. Gasoline, I think, was about $2.05 last year. Now it is up and down a little, but $2.35, $2.45. Local stations where I live it is now $2.45. A couple of very interesting things have happened in this last year. Oh, I have another document here, Mr. Speaker, which is about another very historic event; and it was 50 years ago, the 8th of this month, and I am sorry that I didn't know that date last year or I would have tried to do my first Special Order on peak oil on the 8th of March, because it was just 50 years ago on the 8th of March that M.…
Source
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