In somewhere between two and six years from now, worldwide oil production will peak. After that, chronic shortages will become a way of life. The 100-year reign of King Oil will be over. And there will be nothing that President George W. Bush or Saudi princes or the invisible hand of the marketplace will be able to do about it. “There’s nothing we could conceivably do now that would have much of an effect on the oil supply for at least 10 years,” says Kenneth Deffeyes.  (04/07/02)
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The leader of Japan’s opposition Liberal Party, Ichiro Ozawa, said on Saturday it would be a simple matter for Japan to produce nuclear weapons and surpass the military might of China if its neighbour got “too inflated”. … “It would be so easy for us to produce nuclear warheads. We have plutonium at nuclear power plants in Japan, enough to make several thousand such warheads,” he said.  … He said he made similar comments recently to a person he described as being affiliated with the Chinese intelligence agency. “I told that person that if we get serious, we will never be beaten in terms of military power. ” (04/07/02)
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