Alternative to oil?

2008-07-02 00:00

“Today we witness a very great change for hydrocarbons,” said Alexei Miller, head of Russian oil and gas giant Gazprom, recently. “The [oil price is already] very high, and we think it will reach $250 a barrel.” Cue legions of financial journalists fainting and writhing in coils at the news of impending economic Armageddon. So do you think that we’ll see some attempt to move away from dependence on oil now?

So if the car-driving masses are ever to escape from high fuel prices, they cannot rely on simply cutting demand through conservation. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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