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Petroleum as a fuel presents certain problems. There is only so much of it, and at some point production levels will start to decline, and prices will go up even more than they are already going up (and gasoline is already getting to be very expensive). When it is burned, it releases carbon dioxide into the atmosphere, which is believed to be a cause of global warming. And although the world may not seem to be overheating just yet, the glaciers are melting, and things could get much worse. The cost of importing petroleum into the US from the Middle East and elsewhere, is causing real economic problems and a huge deficit in the balance of trade (which is to say, the US imports more than it exports). And then there is the added problem that oil money has proven to be a source of funding for terrorists and for regimes that are hostile to the US.

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14y ago

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