Re: F... gas prices
Being that the technology for an electric car existed in the 80's, I really can't see a scenario where some sort of alternative plan isn't already in place in some way or form.
Now, I realize that gas prices are going to have to carry out their course before it makes sense for energy companies to provide different methods of turning a profit, but I'd be surprised if there wasn't a gradual evolution of the main sources of energy over the next ten years.
One big problem that I don't think enough people are talking about is whether our current power grids can support the massive transition from fossil fuels and natural gas to electric everything. Obviously, no matter what the source of energy is (nuclear, hydrogen, solar, wind, etc), it has to be converted into electricity to be useful to us. That, I think, is going to be the biggest challenge of moving away from oil and natural gas.
And I do think drilling in ANWR will help soften the transition a lot. I am not sure if its worth it though, maybe we do need a nice swift kick in the fact to wake us, as a people, up.
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according to a source with knowledge of the situation.
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