MSNBC - Oil Isn't Going Away

I spotted this via Sadagopan's weblog, MSNBC - Oil Isn't Going Away is an interview with the CEO of ExxonMobil. He talks covers a whole range of topics quickly, including the reality vs the hype of alternative energy, the viability of "energy independence" (it's not) and the growth in oil usage. Within a few decades, the world will be using over 330 million barrels/day, equivalent to 7 or 8 times Saudi Arabia's output today. That's alot of oil. He's pretty confident that it's there, and recoverable.

The most important thing isn't the volume of oil, but the infrastructure to transport it and use it, and the systems to manage all of it. It's an incredible problem, and one I think the interview does a good job of framing.

Interesting article, and a reminder that nearly every major industry is going to increase exponentially over time. The relevance? Yhey all will depend on the Data Warehouse more and more.