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Still, none of this has anything to do with long-term supply and demand.
While tar sands and deep offshore drilling almost certainly ensure we won't simply run out of the stuff in our lifetime, prices will almost certainly rise significantly. Beyond all this discussion of gasoline one must consider the fact that there is hardly a manufacturing operation or product that does not rely on petroleum products/by-products of one type or another. Even the few that don't will probably have packaging that does. Petro chemicals and lubricants are used in everywhere and this use is continuing to grow. We need to start thinking out of the box and utilize every avenue at our disposal to reduce our dependence on foreign sources of oil and energy. Simply focusing on conservation or resigning ourselves to "be like Europe" will not get the job done. |
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