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Politics : Politics for Pros- moderated
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To: Hawkmoon who wrote (254355)6/14/2008 2:21:55 AM
From: skinowski  Read Replies (1) of 793717
 
So while I'm going to feel the pain at the pump, I also think maybe it's a necessary pain that will provide an eventual cure.

Agree. Until recently alternative energies and fuel economy were curiosities more than real choices. Now it's different.

Apparently there were great technological advances in the 80's and 90's with regard to discover - and recovery - of oil. Horizontal drilling, etc. As a result Oil remained plentiful and cheap - and that *masked* the underlying growth in demand. Presently the demand is still growing but excess capacity is very low by historical standards.

Expansion of nukes etc. will take many years, maybe decades. More likely than not there will be serious energy-related problems ahead, until solutions will be found. Hopefully.
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