PV Gap

Arthur Said:

What is the most reasonable solution to the world's dependence on oil?

We Answered:

The most reasonable solution is to ration oil via price. Eliminate the cartels like OPEC which are manipulating the price of oil for their own profit plans. Let oil go to those who want to buy it and let the price determine who wants it the most. Let the capitalist market determine its allocation... this is a new concept since the oil market is currently controlled. Anyway, alternatives will become more available and appealing.

Second, eliminate government energy plans and laws. Much of the lack of innovation in the energy creation and distribution markets is because government has insisted on preconceived ideas of what is acceptable and what is not. This has stifled much need innovation and options. These energy laws are known to have a material impact on the forms of energy distribution. LG