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Politics : Formerly About Advanced Micro Devices

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To: Joe NYC who wrote (145481)	4/19/2002 10:30:05 AM
From: i-node	Read Replies (1) of 1574267

It would we ( the population of earth) would have even more time with cheap oil, even more time to develop alternatives, which would mean that when this resource starts to run out, and the price skyrockets, there would be viable alternatives in place to replace the expensive oil The thing that creates viable alternatives is skyrocketing prices. If oil prices do not move upward, there is simply no incentive to make the capital investment to develop alternatives. The reason fuel cells and other newer technologies are going to take so long to develop is that they aren't economically feasible at this time. If you were having to pay $10/gal at the pump, there would be an immense, successful drive to have fuel cell technology up and running in a very short period of time. But with gas at the pump $1.50/gal, there simply isn't any reason to do so. You want to see alternatives developed? Let the price of fuel do what it wants to do -- go up. But I don't want to see that happen at the expense of our national security.

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