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Frank 12 (1:16)
Topic(s): Alt Vehicles / Auto Industry / Electric &
Hybrid / Environment
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Video Transcript
I think about the future a lot. I think what we see in the
future is a shortage of oil because we're going to hit the
peak in the world production of oil—whether that peak
occurs—some people say it has already occurred. Whether
it occurs in five years or perhaps the most optimistic of all
is that peak will occur in 15 years.
Even 15 years, it's already late for us to get started. So,
we've got to get alternative vehicles into our society as
quickly as possible because when the price of gasoline and
when shortages start to occur, we will have economic
disruption like you cannot believe. And, that's what worries
me.
So, that concerns me a lot, to say nothing about global
warming. There's no doubt global warming is happening. And
maybe this year one can say we had the—one of the
benefits of global warming is that we didn't use as much home
heating oil. And because we didn't use as much home heating
oil, temporarily that made a drop in the gas—price of
gasoline.