godofthunder9010
Active member
Currently, gasoline is much more expensive in the USA than anyone would have foreseen 6 months ago. And yet the price seems to be stuck perpetually high. While this hurts my poor pocketbook, it raises an interesting question:
How high does the price of gas have to be before alternative fuels finally start to boom??
There are a lot of dynamics to that question, most important of which might well be the stranglehold that oil companies currently have on things. The ease of implementation/use of whichever alternative fuel you care to pick also plays a tremendous role. But where there is a price crunch, aspiring businessmen and women everywhere will find ways to make a profit from the situation. And since petrolium is a limited resource, eventually you have to concede defeat and switch to something else entirely. So whoever comes up with the most marketable alternate wins financial security for themselves and their business for a long time to come. So there is plenty of incentive to take a very big stab at it. But how bad do gas prices have to get before it forces this to happen?
How high does the price of gas have to be before alternative fuels finally start to boom??
There are a lot of dynamics to that question, most important of which might well be the stranglehold that oil companies currently have on things. The ease of implementation/use of whichever alternative fuel you care to pick also plays a tremendous role. But where there is a price crunch, aspiring businessmen and women everywhere will find ways to make a profit from the situation. And since petrolium is a limited resource, eventually you have to concede defeat and switch to something else entirely. So whoever comes up with the most marketable alternate wins financial security for themselves and their business for a long time to come. So there is plenty of incentive to take a very big stab at it. But how bad do gas prices have to get before it forces this to happen?