Can carbon fiber solve the oil crisis?
Unless you’ve been living under a rock, you probably know that gas prices have been rising rapidly — and aren’t likely to go down again. What’s driving the price increase? There are a number of factors, but one of the biggest is demand. Oil, which is used to make gasoline, costs a lot of money because the many people who need it are willing to pay. While it used to be that only a few countries, mainly in the West, had enough wealth to have widespread car ownership, countries like India and China are experiencing major growth in car ownership, causing more demand and increased prices for gas and oil. What’s worse than the high cost of oil is the fact that it’s a finite resource: We’re going to run out one day. With more and more oil being used, the pressure is on to cut back, less
