Any civil engineers or people who work in the power industry? What do you think a good solution to the problem would be?
Flex fuel cars are intriguing..we could make it from ethanol from corn or import it from Brazil and other places. Is oil rising in price enough that natural gas would be cheaper for power and heating? Are more nuclear plants a viable solution? It seems that there isn't enough output from doing hydroelectric and wind although these could be increased as well. Do we need to drill for more sources in Alaska to tide us over in the meantime? Discuss.
We actually export about half of our production to places we have trade agreements with. Like Japan, like Saudi Arabia. Crazy. Real Crazy.
Take about 4x as long to refine oil to gas as it used to. Why? Cuz we about halfway thru the supply. THe oil is full of water and other crap.
Relax, we still have 50 years left of Oil in the ground. But it takes 200 million years to make it. So no more oil.
But humans figure it out, and we will also.
No "Crisis", and it will take while to figure out.
Does it got a "HEMI" won't be a popular tune. We not in crisis mode yet.
Far from it.
Just the price of a commodity finally catching up with demand and inflation.