No it wont do anything to solve the energy crisis. But it is a bandaid solution to help ease the pain until technology solves the problem. This is, and has always been about "cost vs. benefit." We're nearing the point where the cost of using an internal combustion engine exceeds the cost of public transportation, hybreds, car pooling, etc. When we reach that point the market will solve the problem.

I firmly believe that in 15 years gas will be cheaper than it is today as the demand for it will have decreased, and other supplies will have been found. Sure, call me kookie. There have been endless prophets of doom in the last 40 years, with Al Gore being the most recent. Remember Paul Ehrlich's predictions of global famine do to overpopulation and his bet with Julian Simon.

The 1980-1990 Ehrlich-Simon Bet

Quote:Simon won a famous bet with Paul Ehrlich about how the price of metals would move in the 1980s. The Stanford University population biologist Paul Ehrlich who tends to believe that the world is facing increasing scarcity believed that the price of metals would go up because of this.

Simon won the bet, because unlike Ehrlich, Simon didnt think the world was static. He didnt believe we'd all stand around twiddling our thumbs and quaking in our boots waiting for the end to come. Technology improved, additional mineral reserves were found, and Ehrlich lost his bet. I'm confident the same will happen with energy.