I went to a talk on oil today. I'm pretty well sold on the idea that oil prices are going to get higher until consumer behavior changes.
Tuesday, April 25, 2006 :::
Incidentally, tomorrow is the twentieth anniversary of Chernobyl. Oil doesn't constitute all that much electricity production these days, and nuclear-powered cars aren't in the near future. Biofuels are gaining some attention, but are probably not going to help a lot within the next couple years. Hybrids, smaller cars, and simply driving less are probably going to have to do it if prices are to come down in the next few years.
::: posted by dWj at 9:32 PM