No one rides for free

Dr. Robert L. Hirsch directed the US fusion energy program during the 1970s evolution of the Atomic Energy Commission (including initiation of the Tokamak Fusion Test Reactor), through the Energy Research and Development Administration to the present Department of Energy. In addition to his role in development of fusion energy by magnetic confinement, Hirsch was also interested in inertially confined fusion.


His previous management positions include:

* Senior Energy Program Advisor, SAIC (World oil production)
* Senior Energy Analyst, RAND (Various energy studies)
* Vice President of the Electric Power Research Institute (EPRI).
* Vice President and Manager of Research and Technical Services for Atlantic Richfield Co. (ARCO) (Oil and gas exploration and production).
* Founder and CEO of APTI, a roughly $50 million/year company now owned by BAE Systems. (Commercial & Defense Department technologies).
* Manager of Exxon’s synthetic fuels research laboratory.
* Manager of Petroleum Exploratory Research at Exxon. (Refining R & D).
* Assistant Administrator of the U.S. Energy Research and Development Administration (ERDA) responsible for renewables, fusion, geothermal and basic research. (Presidential Appointment).
* Director of fusion research at the U.S. Atomic Energy Commission and ERDA.


The Dr. had this to say, concerning the prices of oil:

“The prices that we’re paying at the pump today are, I think, going to be ‘the good old days,’ because others who watch this very closely forecast that we’re going to be hitting $12 and $15 per gallon,” Hirsch said. “And then, after that, when oil – world oil production goes into decline, we’re going to talk about rationing. In other words, not only are we going to be paying high prices and have considerable economic problems, but in addition to that, we’re not going to be able to get the fuel when we want it.”

if youre interested in reading more, check out the original article HERE

also read more about the HIRSCH REPORT

from wikipedia:

In 2005, the US Department of Energy published a report titled Peaking of World Oil Production: Impacts, Mitigation, & Risk Management.[105] Known as the Hirsch report, it stated, "The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking."