Quote:
Originally Posted by Table 5
Maybe for the short-term they would. But if alternative energy sources are fast-tracked with more funding and research due to high oil prices, then the long-term prospects for oil are not very good. If it comes to the point where there are better alternatives (and that probably is only a matter of time) that are cheaper, cleaner, and don't handcuff countries to the shady middle-east, why stick with oil?
Calgary either needs to function on the 3 bears method (not too expensive to force people to look elsewhere, but not to cheap to not make any money) or start getting in the alternative energy game. The latter is the smart option, but honestly, Im not sure if Calgary will take it.
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Do you have some information we don't have re economically competing alternative energy sources to oil?