Feb 01, 2013
re: "So your answer is to ignore what's happening now with Big oil manipulating the prices and "ass-u-me the price of alternatives and electric will go up as high as oil. Since you got the old ESP fired up, tell us what the answer to the oil price problem is. Don't give me the drill here, drill now BS, we are exporting gasoline right now to keep prices up."
No. You are assuming what I believe. However, if you do start using electricity or natural gas it will indeed drive prices up as there will be more demand for the product. And that cost will spread into other areas. We need to use all sorts of fuel sources and oil will be a big player as will coal for a number of years (probably decades).