<div>Oil closes at new record high $121.84 a barrel today.</div>
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<div>Could it be (why, this is just wild speculation!) that there is resistance to aggressive implementation of alternative energy for transportation because there are billions to make off oil as the global demand increases while supplies tighten, in a marketplace trapped by oil as the only major option for energy for transportation? This theory assumes the oil and related energy corporations are manipulating governments and the marketplace in their favor. Or perhaps the marketplace will respond quickly to offer alternative powered cars and trucks now that gas and diesel costs are increasing dramatically. If alternative (electric, fuel cell, hydrogen, et. al. or maybe biofuel, though now we see biofuels competing with food, and forcing ecosystem damage, major negatives) powered cars and trucks can be made practical and affordable for widespread roll out, with enough alternative energy distributed widely, as the optimists claim, it would seem the marketplace is ripe for a rapid increase in an alternative energy transportation economy.</div>
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<div>Part of the increase in oil prices is based on speculators buying now hoping to make money on future oil price increases, according to the article below, hitting $150-200 a barrel! What will gas cost if oil hits $150-200 a barrel?</div>
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<div><a href="http://money.cnn.com/2008/05/06/markets/oil.ap/index.htm?postversion=2008050615">http://money.cnn.com/2008/05/06/markets/oil.ap/index.htm?postversion=2008050615</a></div>
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<p>A new Goldman Sachs prediction that oil prices could rise to $150 to $200 within two years seemed to motivate much of Tuesday's buying, although a falling dollar and increasing concerns about declining crude production in Mexico and Russia contributed, analysts say.</p>
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<p>Vision2020 Post: Ted Moffett</p></div>