It is now popular to focus on alternative or renewable sources of fuel to solve the world’s energy problems. Most alternative fuels are still embryonic and not yet economically feasible. In the USA renewable energy (solar, wood, wind, and geothermal) represents approximately 8% of today’s total energy mix.

S. Nauman, a spokesman for Exxon Mobile says “ Today oil and gas make up 60% of the world’s energy supply…. Oil and gas will be just as important in 25 years. They will still make up 60%.” According to the U.S. Department of Energy, U.S. oil and gas make up 64% of the nation’s total energy consumption and that combination is expected to grow 66% by 2025.

The fact is, worldwide energy consumption is expected to increase by 50% over the next 20 years. Oil and natural gas dominates the energy mix now and will continue to do so over the next 20 years.

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