The root cause is, the cost of oil has mutiplied over the last couple of years. We are 70% dependent on the Middle East. We are still able to source the supplies at a heavy cost.
What solutions? That is a bit more difficult than blaming all & sundry. There is a movement world-wide on renewable energy. It is now or never, meaning the main friction & wars have been due to oil. US is sitting pretty, at least it thinks that way. Print dollars & pay in your currency & the money comes back as investments in various forms including Treasury Bills - IOUs from Uncle Sam. Their poskets are torn and could be empty!
Do we have a national planning on this vital issue? Or the parties are looking for a winner for the next election? Come to power and blame others for the issues. The fact is many feel oil price will not come down at all! The cost of recovery is going up, cheap sources all exhausted!
There is great potential in solar energy. The cost is double that of oil, but coming down while the oil is going up. Once the graph meets, we can solve the root cause of inflation & pollution.
The industries are gearing up, but affirmative actions from the govt will give the spurt. As the raw material is free and silicon panels are from sand, we should just go hammer & tong!
We are so used to blaming others for our sorry state, but why not take on the issues square on? The common man is ready, but the leaders?
