Oil and Gas Crisis - Can It Be Averted?

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Oil and Gas Crisis - Can It Be Averted?

29
Nov

The oil crisis has not happened yet, but it is only a matter of time until it does unless we do something to avert it. Can the oil crisis be averted? That is a good question, and the answer is a probable no if we continue to rely mainly on oil and other fossil fuels that have finite resources, cause pollution around the world, and contribute to global warming. To avert a world energy crisis, steps must be taken now to reduce and eliminate the dependency of the United States and other countries on oil and other fossil fuels. This can be done by researching and investing in renewable alternative energy sources that are sustainable and have the ability to avert any world energy crisis before it can begin. Even though there has been some improvement in the use of alternative energy sources, there has not been nearly enough. In the world today, oil is still the biggest energy source consumed, and this means that we will continue depleting this fossil fuel until it runs out and a world energy crisis occurs if we don't start now.

Countries like those in South America and the Middle East that control a large amount of the oil supplies in the world are starting to hoard these resources and the price of oil was at an all-time high before the stock market took a dive recently. This is how oil-rich countries want it, and the less oil there is left in the world, the higher the price will go. Eventually the oil will run out and the entire world will be facing an energy crisis if action is not taken to prevent it from happening. Right now we have the technology available to use energy created by biomass, the waves and tides in the ocean, the wind and the sun energy, and energy derived from other sources that are friendly to the environment, are renewable, and can be sustained. It is no longer necessary to be dependent on oil, but many of us do not want to be inconvenienced or pay more for the newer technology, so it is easier to continue to use fossil fuels.

The only way to avert the oil crisis is by investing in energy from alternate sources and slowly reducing our dependence on oil. At some point in the future it is not going to be possible to recover the last amounts of oil without having to spend more than the oil is worth. If we do not have alternate sources of renewable energy in place by that time, the world may see a severe energy crisis. It may take years to switch from fossil fuels to other energy sources, other sources that are friendly to the planet and can be sustained in the long run. If we do not start now we may run out of oil before we can get these energy sources in use on a large scale. This could trigger a massive energy crisis. Oil prices could increase outrageously and even then it may be scarce because of hoarding. Many people will have to cut back or stop using energy completely. There is also the possibility of rationing. There is no need for any of this to happen because there are many energy sources that can be used in place of oil and other fossil fuels right now. It is important that these sources are developed and perfected to eliminate any chance of a future world-wide energy crisis.

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