Gas, man!
I think we’re nearing the end of the gas age. The only question now is, does this age end in a bang or a whimper.
With crude oil prices skyrocketing past all expectations that we had just four or five years ago, the ability to maintain our current energy use is starting to crumble. It is now economically feasible to develop new sources of energy for power plants and for our cars. The transition will be rough and may be accompanied by was and strife and hardship, but it will pass. Those that have the oil will no doubt put up a fight to make sure that the world stays dependent on this energy source. But it will not be the oil companies that put up this fight. They will be on the leading edge of new technology to make sure that they still exist in fifty years. The countries of OPEC will be the ones that will suffer the most from a new world free of their oil. Hopefully, they don’t start a war when we stop drinking from their tap.
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