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Old 05-11-2008
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Member Since: Feb 2006
Location: Morrison, CO
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Re: Remember when..........

Quote:
Originally Posted by TSGracchus View Post
If you mean by that, "this won't return us to the days of cheap oil," you're right. Nothing else will, either. Those days are gone, and they're never coming back. The sooner we face that reality, and stop deceiving ourselves that we can restore the good old days by allowing drilling in environmentally-sensitive areas or by putting pressure on OPEC or in any other fashion, the sooner we can try to implement the only solution there is: increased efficiency plus alternative energy.
(emphasis added)

I think that's the key factor. Efficiency is something that has been all but overlooked. I suspect that some of the most lucrative investments for the next 50 years will be in those businesses that are developing new ways to increase efficiency.
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