SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- According to global economists, there could be less than 46 years of oil supplies left, even if demand were to remain flat. Barring existing constraints on supplies, the world would likely see a 110-percent jump in demand by 2050, equivalent to 190 million barrels a day. But without discovering major new reserves or alternative energy sources, experts anticipate the growing demands to remain unmet. Even diversifying to natural gas would fail to ease the pressure on oil because its supply is as geographically dense. So in celebration of Earth Day, industry leaders announced plans to step up aggressive drilling programs and seek viable sources of renewable energy. The new strategy calls for boring a giant hole right down to the Earth’s core and revitalizing the whaling industry.

SAN NARCISO, Calif. -- According to global economists, there could be less than 49 years of oil supplies left, even if demand were to remain flat. “Energy resources are scarce,” Karen Ward, senior economist for HSBC, said in a research note. “Even if demand doesn’t increase, there could be as little as 49 years of oil left.”

Barring existing constraints on supplies, the world would likely see a 110 percent jump in demand by 2050, equivalent to 190 million barrels a day. But without discovering major new reserves or alternative energy sources, experts anticipate the growing demands to remain unmet. Even diversifying to natural gas would fail to ease the pressure on oil because its supply is as geographically dense.