Analyst: High oil prices spur need for energy diversity

08/02/2004
Hubbert RevisitedIn the face of rising oil prices, it is "essential" for national governments to develop more-diverse energy resources, said the managing director of a prominent British consulting firm."The changing situation in energy supplies has major implications for governments worldwide," said John Westwood, Douglas-Westwood Ltd., Canterbury, in his opening address at the East of England Energy Group conference July 15 in Norwich, England. "The present reliance on oil must be reduced; natural gas and renewables will have to be used to fill the forthcoming energy gap; a massive energy conservation drive is needed; and it is becoming increasingly likely that nuclear energy will have t...
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