Thursday, September 11, 2008


Oil will probably fall below $100 on September 12 unless the markets do something crazy. Let us hope that America gets back cheap fuel but that we also have the foresite to develop better ways to supply electricity to power stationary objects attached to out power grid. We are the Saudi Arabia of coal, with enough to supply us for perhaps 500 years. We should be pursuing the production of clean coal plants and the completion of Yucca Mountain so we have a place to store spent nuclear waste and can tus expand our nuclear program. Finally, let us pursue multiple new ways to power vehicles, including an already existing technology with an existing distribution network: natural gas. We are, again, a world leader in reserves.

Let us be thankful for and utilize cheap oil... But let's not rest on our laurels.
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