Sure, firstly the price of oil is only going to raise to a point, which I suspect we are close to. At a certain price per barrel it starts becoming profitable for Russia and Canada to start pumping theirs. As the price of oil goes up so do our oil reserves. Its not that the oil isn't their, its that it just doesn't make sense to extract until a certain price point.


As for alternitive sources sure, its ECO 101. When the price of fuel rises to the point that another alternative makes sense we will use it. We are just now seeing people care about fuel mileage at $3 per gallon. As seen last year when gas passed $3 per gallon car sales beat SUV sales for the first time in many years. So the market has showed that above $3 per gallon people will start to change what they buy. The queston now is at what price will an alternative start to make sense? I'll wag $5.

Contrary to popular beleif the oil wells are not going to dry up one day all of a sudden and the world will collapese.

I'm not worried, I would be surprised if we are not running gas cars 100 years from now.

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2009 C300 4matic
1969 280SE
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