According to this article, the second largest oil field in the world is beginning to dry up. This is confirming what most have already known: oil is a very finite resource. As oil becomes more and more scarce, the price will obviously escalate. As our economy is effected by dramatically increased prices, the already unstable Middle East will become a very dangerous situation for the United States as we become more dependent on Middle Eastern oil.
Of course both of these situation can be avoided or minimized with continual increases in fuel efficiency in the automotive industry and an increase in funding for research or subsidies from the government for alternative energy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment