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Originally Posted by Angua
It also behoves them to use their current wealth to generate alternative incomes sooner rather than later.
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The US or oil-producing countries? They are both working feverishly on the problem, as they both stand to lose a lot. The US slightly more so; as China expands, it will come to a point where Saudi Arabia et al. will have to choose who to sell to, China or the US. Muslims will stick together and the west (not just the US) will be damned. They run the risk of losing supply even before it dries out. This is dependent on just how much oil is in Russia, and how they wish to sell it.
Me283: Very interesting. Certainly sounds good. What I don't get is, why can't we use hydrogen instead of oil in a current internal combustion engine? The current ICE works using explosions with petrol pushing a piston, hydrogen is quite violently explosive, couldn't that be used to drive a piston instead? The only byproduct would be water. To source hydrogen it would need electrolysis so its not toally renewable but with moderate nuclear facilities, its far better than where we are ATM?