Cheap oil
SACCADE. You have not read what I said. The oil companies will find a way to provide an economcal energy source for transpotation but to think that oil is close to running out is absurd. At current usage we still have hundreds of years supply. Locally there may be problems. The gulf states are now planning coal fired power stations with South African coal. We have coal reserves of enormous magnitude here in the UK.
Mankind will find a way but - watch this space - oil prices will come down and I hope a lot of speculators burn their fingers.