BIKE: End of Cheap Oil Debate Again

[Patrick Goetz]

One of my coworkers who lives in Kyle (a suburb of Buda) sent me this 
link in response to my frequent admonitions that he'd better get used to 
commuting to work by bike real soon.  The link seems to come from a 
reputable source, and includes this:

"Cathles and his team estimate that in a study area of about 9,600 
square miles off the coast of Louisiana, source rocks a dozen kilometers 
down have generated as much as 184 billion tons of oil and gas — about 
1,000 billion barrels of oil and gas equivalent. "That's 30 percent more 
than we humans have consumed over the entire petroleum era," Cathles 
says. 'And that's just this one little postage stamp area; if this is 
going on worldwide, then there's a lot of hydrocarbons venting out.'"

I've read it and don't see the catch -- any experts out there care to 
comment?  Is there really some chance that I'm going to be choking on H2 
and Chevy Suburban fumes well into my dotage?  Should I just get some 
newly availabe assault weapons and go postal now to save myself a lot of 
aggravation?

    > http://www.geotimes.org/june03/NN_gulf.html