
Which would you rather spend several hundred billion dollars on?:
A war, or
Investing in energy exploration, refinery and distribution capacity, alternative energy sources, and conservation.
If we continue the way we are, we're going to be up the creek without a paddle. (Scroll down for photo of this course.)

We very well may see war costs, as there's more than oil involved in Iran's nuclear and missile ambitions and threats.
Either due to war, or due to the increases in demand from China and other developing countries running up prices, and China and Russia controlling more of the supplies, the U.S. is facing huge increased costs for its continued reliance on imported oil, along with increased political pressures on us and Europe to go along with Chinese or Russian ambitions on top of with the instable satrapies of the Middle East, Africa, and Venezuela.
The only way out of this trap, self-set, is by investing in "fencing" ourselves off from treacherous costs and countries. That can only be done by getting ourselves off the addiction to oil. At least, if we're up a stream we'll have a paddle.
| Apr. 28, 2006 | 10:41 PM