The days of cheap gas are over
Prices will not come down as dramatically as one would think. China & India are hungry customers for a static supply of oil. Add to that perennial instability in the mid east & oil prices & supplies will be a problem for years to come.
I remember the chicken little the sky is falling mantra when we built the oil pipeline in Alaska. Turns out the caribou have multiplied expediciously ( they like the warmth of the pipe ). Until we get serious about producing new sources of energy ( renewable & non ) & cut down on waste & over comsumption we are an accident waiting to happen.
1. We need to drill for oil wherever it is
2. We need to possibly revisit oil shale ( remember that )
3. We need more clean burning coal plants ( we have coal up the
wazoo)
4. We need more nuke power plants (with safeguards re spent fuel)
5. We need to expand wind powered power generation
6. We need to reduce our comsumption of oil
7. We need to stop wasting oil
We are like an addict adddicted to mid east oil. People bought fuel efficient cars after the gas crisis in the 1970's only to go back to buying gas guzzlers when the crisis subsided. It never did - we just made believe it did
Poster Emeritus
Updated On: 8/31/05 at 09:26 PM