Quote:
Originally Posted by Dollarmansteve
meh, the modern economy has plenty of natural mechanisms in place to deal with expensive oil, if anything it makes alternative (ie expensive) forms of energy more economically viable.
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In short term there are no alternatives on large scale to expensive oil, otherwise they would be already here or in next few years.
So far, the only viable force able to bring down prices of oil down to the 50-60 bucks levels is comming recession.