<p>^ “When it comes to producing more oil, the problems are above ground, not below it”, said Tony Hayward, CEO of BP.</p>
<p>^^Yes, and Hayward is putting his money where his mouth is:</p>
<p>[Bloomberg.com:</a> News](<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?)</p>
<p>Whether or not we believe the world is near Peak Oil, we should probably acknowledge the fact that it’s a possibility.</p>
<p>Here’s a sobering pro-Peak Oil piece from The Independent and a discussion of the possible consequences:</p>
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</p>
<p>[Fade</a> to black: Is this the end of oil? - Green Living, Environment - The Independent](<a href=“http://www.independent.co.uk/environment/green-living/fade-to-black-is-this-the-end-of-oil-845092.html]Fade”>http://www.independent.co.uk/environment/green-living/fade-to-black-is-this-the-end-of-oil-845092.html)</p>
<p>On Wednesday, the House passed a $15 billion Amtrak funding bill. The Senate has already passed similar legislation. President Bush threatened to veto the legislation because of spending accountability concerns, but there is enough support in both the House and Senate to override a veto:</p>
<p>[The</a> Associated Press: House overwhelmingly passes Amtrak funding bill](<a href=“http://ap.google.com/article/ALeqM5g98AFb5Ghf0NLu_ZIzSp8q0VJUVwD9184FIO1]The”>http://ap.google.com/article/ALeqM5g98AFb5Ghf0NLu_ZIzSp8q0VJUVwD9184FIO1)</p>