Person012345 wrote:Sibirsky wrote:Person012345 wrote:Sibirsky wrote:Person012345 wrote:Saiwania wrote:If gasoline rose to $7.00 a gallon that would be a surefire way for Obama and the current congress to be voted out en masse and the entire economy would suffer from such a steep hike. Perhaps people that lose their jobs or businesses because of this will riot. Also, most Americans wouldn't want to have to use public transportation out of choice. (I know I wouldn't) We have a predominately car culture that can't be gotten rid of. We're all about the individual.
So what will happen when there is not enough oil left to sustain your "car culture"?
That will happen gradually. And gradually the price of gasoline will increase. And gradually other fuel sources will be provided. And gradually people will switch to other fuel sources. Some of them are available now (CNG for instance) but the fuel stations are too few and far between. Eventually they won't be. The point is, it is absolutely not necessary, and would be very devastating to the economy to have gas go up three fold in a very short amount of time. Gas is also just one energy source. The plan would cause most energy sources to increase in cost by similar amounts.
Or you won't you'll just pay higher fuel prices, and then when there's not enough left to be able to sell it at any reasonable price you'll be fucked.
Why wouldn't investors, invest in money making businesses? You're not making any sense. If there is money to be made, somebody will do it.
because it won't make money until it's too late. Was my point.
Yet every other technology was able to become profitable before it was too late. Too late for what? The world to end? Oil to run out? Certainly not. You are being ridiculous.