Economics cannot be ignored in the oil discussion. IMO 97% of people will not consider change unless it makes economical sense.
Originally Posted by politicalcenter
If oil production represents about 9% of US GDP, or maybe about $1.3 trillion, which also might represent about 13 million US jobs, then economically any discussions about changing oil output becomes critical. Just a 10% reduction relates to a loss of 1.3 million jobs. Any increase in the cost of oil forces inflation of literally everything in society.
Of course whatever alternative eventually displaces oil products will also create an economy...depending on what this might be will determine if it's a net gain or loss of economy.
It is extremely beneficial to any economy to have inexpensive fuel/energy...
Did you know both our problems and the solutions can be found simply by looking in our mirrors...and...Never confuse the extraordinary stuff I think and write with that of a well-balanced person!
When Americans wake up so will the country...until then...we remain comatose and hopeless.
If you're not careful with your life's decisions, you will spend all your time in a cul-de-sac!