John Petersen

Alternative Energy Storage for Global Warming Agnostics

aitvras, I'm not up early. We just have a 6 hour time zone advantage. Over the last few weeks we've seen that OPEC production cuts of a couple million barrels have done little to moderate the price declines, so while the U.S. government might be able to influence the market for several months by drawing down the strategic oil reserve, any impact would likely be temporary. In the long-term the market will have its way.

Dr. Wirth, the painful scenario you paint is within the realm of possibility if people don't recognize the peak oil problem and begin working on real solutions. But I'm an optimist when it comes to human ingenuity; our ability to adapt to change and our long history of emerging stronger from each painful revolution. Society will change and evolve, but I don't think we'll revert to barbarism.