mikeandgerry wrote:Peak oil is real. As the demand for oil continues to rise while the supply continues to fall, the price will become more and more volatile with a marked upward trend until alternate sources are developed.
In attempts to ease the problem the following global initiatives have, and will continue, to occur:
Cap and trade
Alternate energy sources
These initiatives are efforts to forestall wars over resources and to increase hegemony as the energy paradigm shifts. The US maintains a global influence only because of the petrodollar. As that breaks down, our preeminence will erode quickly because the dollar will no longer be king and our deficit spending spree will end.
Our situation is not the result of Bush or Obama, or Clinton or any president but rather the result of economic boom and bust.
So what is the answer?
Wind? "Not next to my house" No one wants them, they kill the birdies they are noisy and ugly. Off shore wind sounds promising but where are they?
Bio Fuel (corn) tried that, just drove up the price of corn. Fact- If every acre of this country was covered with corn, we still could not meet our gasoline(cars) needs.
Hydro? I heard of plans using ocean tides to produce power years ago. Where are they?
Solar? My kid wrote a school paper on this and it says that a 100x100 sq. mile solar panel in the south west desert would meet this country's power needs. Sounds easy, right?
Nuke power? I think we all understand the problems with that.
I would think with all the options listed plus more, we should be able greatly ease our dependence on oil. What's the problem? sound's easy to me.
Just remember, Almost every thing you own has took a ride on a truck.I just don't see a 40 ton battery powered semi in our future.