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| quote: | Originally posted by josh4
shortage pandemic? what shortage pandemic? please explain
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No problem.
We're reaching a point where either one of two things happens;
1. We're not physically able to pump enough fossil fuels out of the ground to meet the energy demands (home, commercial, automotive) of the world, especially with a rapidly modernizing China, making things uneconomical for the average consumer. That most easily can be seen with rising energy prices in such places as California (well, most of the US for that matter) and gasoline prices. Europe has always had high gas prices, but the US hasn't and as Americans get pissed about something, usually change occurs.
So in short, it becomes no longer economically acceptable for the consumer to rely on fossil fuels.
2. We reach a point where our current energy production is limited physically. We find that we have a physical lack of fossil fuels, photo cells, nuclear plants, etc. Even if we had the money, we'd find we are not able to meet our energy needs. This in the short term would also drive up energy prices, until there was nothing left to buy.
So in the end, either due to high energy prices on existing means of production, or due to a physical lack of the elements needed in energy production, we will have an energy shortage either percieved or real. Once this happens, we will see our attention focused onto this area. In my opinion this will happen when US gas prices reach the $5.00 level.
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