This is why we need to maintain high oil prices: Spur on the little guy to find more, and spur further development with alternative energy.
Tags: Energy | oil | production
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Quantifying the true cost of increased gas prices.
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June 1st, 2008 at 1:50 pm
Biodiesel, Ethanol, Hybrids, and Electrical cars, it’s all coming on line, 5-7 years is what it will take I think. I’m guessing right now, but if the infastructure changes, gas prices will fall. For now, it is going to stink.