Zar

I doubt we will see any policies from the Bush administration which could conceivably hurt the oil industry -- it seems clear to me that generally, the Bush agenda and the oil industry's agenda are one and the same. See Halliburton. The only solution Bush seems to advocate for the coming oil crisis is to grab as much of the stuff as we can, while we can. Ironically, our attempt to do just this in Iraq has rendered much of the oil production facilities in Iraq unusable, as the insurgency has and continues to destroy much of the oil infrastructure in the country.

Sources:
http://globalguerrillas.typepad.com/...get_iraqi.html

http://www.iags.org/iraqpipelinewatch.htm

http://www.energybulletin.net/3422.html

So now no one gets to use the oil, at least until some degree of normalcy is restored to Iraq, and I make no predictions as to when that will come about.

The coming energy crisis is the most pressing issue civilization faces, and it is coming quickly. I find the Bush administration's lack of initiative or even comment on the matter deeply disturbing, if unsurprising. All of Bush's "forward thinking" concerning these other matters is irrelevant in the face of our dependancy on oil. For an informative, if extremely depressing read on the situation, go here:

http://www.lifeaftertheoilcrash.net/

I concede it is a doomsday scenario. But it is a doomsday scenario supported by science, and it seems hard to refute. And before there are calls of crackpots, cranks, and conspiracy theorists, I think it is interesting that Rep. Bartlett just recently gave a presentation to Congress concerning the ramifications of peak oil, and quoted extensively from this very website. Here is a transcript of his presentation:

http://www.energybulletin.net/4733.html