Quote from limitdown:
the oil industry has become (in the US, and for some other countries, in their respective countries too) the most profitable business and companies in documented, recognized, legalized history.
there will always be examples to the contrary, such as the global slave trade that American, Britian, France, Germany, Holland and others participated in during the formative years of the United States America;
also, such as the South American (combined multiple countries) drug trade with the United States America and other target countries.
The oil companies are able to purchase, dominate and control and significantly influence the recognized media outlets (business magazines, financial tv shows, financial business channels, business newspapers, business schools, etc.) with these self serving and self justifying conclusions for why they aren't to blame or cause of their phenominal profits (derived through manipulation of the markets), and why these conditions will continue without challenge.
Simply put, introduction of non petroleum based fuel sources for basic and advanced transportation will remove a substantial block of demand, almost permanetly and cause their reign to faulter.
Battery generated and battery assisted automobiles in addition to combustion engines....
Fuel Cell and Nat Gas operated engines will also add to traditional oil based fuel's demise...
Liquified coal conversion plants and fuel cells will help replace diesel combustion engines...
Massive arrays of huge solar collector and battery recharge stations (more suited to desert and near desert environments (highest degree of sun collection conditions, least existing human impact)) will relieve the demands of recharge and electric generation, whether through nuclear stations or otherwise (coal, water, etc.)...
These are the business plans that are already underway, not being widely touted beyond just wind generated platforms that are and will receive massive volumes of investor and consumer attention and demands...
the need to "fund alternative energies" is another falacy of the oil giants, as if one were hostage to their whims and have to ask them to voluntarily give up their stranglehold over entire country's economies.
those first to package and go public will reap some of the initial benefits from the investment public, most of these alternatives will have to be advanced through governmental self interest programs.....