Whats the tipping point for the price of gas and alternate energy?
The tipping point varies from alternative to alternative, although coal, natural gas and oil remain the most affordable sources of energy today. Bio-fuels are nearly competitive with today’s gas and diesel prices, although they still carry a tax subsidy to be as affordable. Hydrogen fuel cell vehicles, although now in the test market, are not yet commercially affordable. Plug-in hybrids are receiving a lot of attention, although the fully loaded costs, including the potential of carbon cost constraints due to pending carbon dioxide emissions constraints are not yet known. 5 – What must be done for the United States not to depend on the Middle East for oil? If the US committed itself to an energy security strategy that over the next ten years resulted in an increase in domestic production of some 3 million barrels of crude per day, increase in bio-fuel production and use of some 2 million barrels per day, and managed to reduce demand by some 3 million barrels per day due to higher mpg r