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I don't think you understood what I said.
which is that the dropping EROI of oil extraction is what has driven prices up, which is precisely why wind and solar have received a boost, AND why gas guzzlers/polluters are not the predominant vehicles found any more in places like Peru. Of course, it is not pure capitalism, as standards like our nation's CAFE standards has pushed change into a reluctant industry. Alas, the lack of leadership and poor labor relations resulted in Detroit losing valuable time in making needed changes....
Posted by klassman6
25th Dec 2011