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Politics : Rat's Nest - Chronicles of Collapse

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From: DennyKrane	8/10/2006 9:46:55 AM
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nytimes.com August 10, 2006 Op-Ed Contributor Scarcity, Mother of Invention By STEPHEN L. SASS Ithaca, N.Y. IN the wake of the closure of a BP oil field in Prudhoe Bay, Alaska, oil prices shot up to $77 a barrel on Wednesday, and the chorus of doomsayers concerned about the dire consequences of our fossil fuel dependency has reached a crescendo. If oil hits $100 a barrel, the impact on our economy and lifestyle could be catastrophic, the handwringers warn. But while such a specter seems novel and terrifying, it is in fact familiar and useful. Throughout history, shortages of vital resources have driven innovation, and energy has often starred in these technological dramas. The desperate search for new sources of energy and new materials has frequently produced remarkable advances that no one could have imagined when the shortage first...

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