Only market pressures and government intevention will get us off oil. If the United States pulls out of Iraq, which seems more and more likely, then Turkey, Saudi Arabia, Syria, Jordan and Iran will have a war over Iraq and its spoils.
When this happens the price of oil will sky rocket ($120-$150/barrel), and the price of gasoline will be $5-7/gallon.
Will this event help us get off of oil and force us to use alternative fuels?
When this happens the price of oil will sky rocket ($120-$150/barrel), and the price of gasoline will be $5-7/gallon.
Will this event help us get off of oil and force us to use alternative fuels?