The world has not prepared for the future. During the 1950's, people used twice as much oil as during the 1940's. During the 1960's, we used twice as much as during the 1950's. And in each of those decades, more oil was consumed than in all of man's previous history combined. World consumption of oil is still going up. If it were possible to keep it rising during the 1970's and 1980's by 5 percent a year, as it has in the past, we could use up all the proven reserves of oil in the entire world by the end of the next decade. I know that many of you have suspected that some supplies of oil and gas are being withheld from the market. You may be right, but suspicions about the oil companies cannot change the fact that we are running out of petroleum.

All of us have heard about the large oil fields on Alaska's North Slope. In a few years, when the North Slope is producing fully, its total output will be just about equal to 2 years' increase in our own Nation's energy demand. Each new inventory of world oil reserves has been more disturbing than the last. World oil production can probably keep going up for another 6 or 8 years. But sometime in the 1980's, it can't go up any more. Demand will overtake production. We have no choice about that. But we do have a choice about how we will spend the next few years. Each American uses the energy equivalent of 60 barrels of oil per person each year. Ours is the most wasteful nation on Earth. We waste more energy than we import. With about the same standard of living, we use twice as much energy per person as do other countries like Germany, Japan, and Sweden. One choice, of course, is to continue doing what we've been doing before. We can drift along for a few more years. Our consumption of oil would keep going up every year. Our cars would continue to be too large and inefficient. Three-quarters of them would carry only one person--the driver--while our public transportation system continues to decline. We can delay insulating our homes, and they will continue to lose about 50 percent of their heat in waste. We can continue using scarce oil and natural gas to generate electricity and continue wasting two-thirds of their fuel value in the process.

if consumption by the one billion people in the developed countries declined, it is certainly nowhere close to doing so where the other six billion of us are concerned. If the rest of the world bought cars and trucks at the same per capita rate as in the United States, the world’s population of cars and trucks would be 5.5 billion. The production of global warming pollution and the consumption of oil would increase dramatically over and above today’s unsustainable levels. With the increasing population and rising living standards in developing countries, the pressure on resource constraints will continue, even as robosourcing and outsourcing reduce macroeconomic demand in developed countries. Around the same time that The Limits to Growth was published, peak oil production was passed in the United States. Years earlier, a respected geologist named M. King Hubbert collected voluminous data on oil production in the United States and calculated that an immutable peak would be reached shortly after 1970. Although his predictions were widely dismissed, peak production did occur exactly when he predicted it would. Exploration, drilling, and recovery technologies have since advanced significantly and U.S. oil production may soon edge back slightly above the 1970 peak, but the new supplies are far more expensive. The balance of geopolitical power shifted slightly after the 1970 milestone. Less than a year after peak oil production in the U.S., the Organization of Petroleum Exporting Countries (OPEC) began to flex its muscles, and two years later, in the fall of 1973, the Arab members of OPEC implemented the first oil embargo. Since those tumultuous years when peak oil was reached in the United States, energy consumption worldwide has doubled, and the growth rates in China and other emerging markets portend further significant increases. Although the use of coal is declining in the U.S., and coal-fired generating plants are being phased out in many other developed countries

Two days from now, I will present to the Congress my energy proposals.. Its Members will be my partners, and they have already given me a great deal of valuable advice. Many of these proposals will be unpopular. Some will cause you to put up with inconveniences and to make sacrifices. The most important thing about these proposals is that the alternative may be a national catastrophe. Further delay can affect our strength and our power as a nation. Our decision about energy will test the character of the American people and the ability of the President and the Congress to govern this Nation. This difficult effort will be the "moral equivalent of war," except that we will be uniting our efforts to build and not to destroy. Now, I know that some of you may doubt that we face real energy shortages. The 1973 gas lines are gone, and with this springtime weather, our homes are warm again. But our energy problem is worse tonight than it was in 1973 or a few weeks ago in the dead of winter. It's worse because more waste has occurred and more time has passed by without our planning for the future. And it will get worse every day until we act. 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. The world now uses about 60 million barrels of oil a day, and demand increases each year about 5 percent. This means that just to stay even we need the production of a new Texas every year, an Alaskan North Slope every 9 months, or a new Saudi Arabia every 3 years. Obviously, this cannot continue.

We don't know exactly when out fossil fuels will run out... but by the end of the century, our oil and natural gas supplies will be virtually non-existent, and limited coal supplies will be restricted to only a handful of countries. ...We are at the peak of a remarkable two-hundred-year glitch in the history of civilization and are about to embark on the descent. The coming changes will be earth-shattering.

There's another item I'd like to mention tonight, and that's the subject of energy. I presented to the Congress and to the American people last April, for the first time in the history of our Nation, a comprehensive energy policy. We had a severe blow in 1973 when the prices of oil were quadrupled almost overnight. And when an oil embargo was slapped on our country, that economically almost brought us to our knees. Other nations suffered the same challenge. They have reacted well. The consumption of oil in Germany, compared to 1973, is down. The consumption of oil in Sweden is down, France down, Italy down, Japan down. The consumption of oil in the United States since 1973 is up 87 percent. This year we are importing $45 billion worth of oil from overseas, half of the oil we use. And that's almost exactly the amount that we waste, that we don't have to waste. Notice that this is twice as much oil imported as all the agricultural products that we export. Something must be done.

If we do not act, then by 1985 we will be using 33 percent more energy than we use today. We can't substantially increase our domestic production, so we would need to import twice as much oil as we do now. Supplies will be uncertain. The cost will keep going up. Six years ago, we paid $3.7 billion for imported oil. Last year we spent $36 billion for imported oil--nearly 10 times as much. And this year we may spend $45 billion. Unless we act, we will spend more than $550 billion for imported oil by 1985--more than $2,500 for every man, woman, and child in America. Along with that money that we transport overseas, we will continue losing American jobs and become increasingly vulnerable to supply interruptions. Now we have a choice. But if we wait, we will constantly live in fear of embargoes. We could endanger our freedom as a sovereign nation to act in foreign affairs. Within 10 years, we would not be able to import enough oil from any country, at any acceptable price. If we wait and do not act, then our factories will not be able to keep our people on the job with reduced supplies of fuel. Too few of our utility companies will have switched to coal, which is our most abundant energy source. We will not be ready to keep our transportation system running with smaller and more efficient cars and a better network of buses, trains, and public transportation. We will feel mounting pressure to plunder the environment. We will have to have a crash program to build more nuclear plants, strip mine and bum more coal, and drill more offshore wells than if we begin to conserve right now. Inflation will soar; production will go down; people will lose their jobs. Intense competition for oil will build up among nations and also among the different regions within our own country. This has already started. If we fail to act soon, we will face an economic, social, and political crisis that will threaten our free institutions. But we still have another choice. We can begin to prepare right now. We can decide to act while there is still time. That is the concept of the energy policy that we will present on Wednesday.

Sen. Obama thinks we can achieve energy independence without more drilling and without more nuclear power. But Americans know better than that. We must use all resources and develop all technologies necessary to rescue our economy from the damage caused by rising oil prices and restore the health of our planet.

"Carter's renowned 1979 "malaise speech" [...] is little remembered for what it actually was: a call to arms for fixing our nation's dire energy future. "Beginning this moment, this nation will never use more foreign oil than we did in 1977 — never" [...] Carter was going to use all the weapons at his disposal: import quotas, public investment in coal, solar power, and alternative fuel, and [...] "a bold conservation program" where "every act of energy conservation ... is more than just common sense; I tell you it is an act of patriotism.

Today we use 100 million barrels of oil every day. [...] There are no rules to keep that oil in the ground. So we can't save the world by playing by the rules. Because the rules have to be changed. Everything needs to change. And it has to start today.

The total planetary endowment of conventional nonrenewable liquid oil was… two trillion barrels before humans started using it [and possibly more, as most of it was used to protect the Earth's crust]. Since the mid-nineteenth century, the world has burned through... one trillion barrels of oil, ...representing the easiest-to-get, highest-quality liquids. [...] Oil has enabled the [post-War] population explosion [and also enabled the public-health and feminist revolutions].

There are no emergency meetings, no headlines, no breaking news. No one is acting as if we were in a crisis. Even most climate scientists or green politicians keep on flying around the world, eating meat and dairy. … Today we use 100 million barrels of oil every single day. There are no politics to change that. There are no rules to keep that oil in the ground. So we can't save the world by playing by the rules. Because the rules have to be changed. Everything needs to change. And it has to start today.

[From full-page advertisements placed by Coleman for his book Oil Apocalypse] This isn't a script for a horror movie [...] The lorry that collects your rubbish won't be running. Streetlights won't burn. Hospitals will have to close . . . There won't be any more television programmes. You won't be able to charge your mobile telephone. Within a generation, five out of six people on the planet will be dead. I'll repeat, five out of six people on the planet will be dead.

As global temperatures surge, so do oil-company profits, and U.S. soldiers in Iraq...the alarm has sounded: We need a sane energy policy that decreases our oil consumption (the Germans and French, “Old Europe,” use half as much per capita as we do in the U.S.). The potential for environmental disaster, and the prospects of protracted wars for oil, demand no less.