Oil is continually becoming more scarce and more expensive to acquire, because of this finding a substitute is very important. Unfortunately, there has yet to be a feasible substitute for oil, so we are faced with a future that will probably involve several different alternative fuels. T. Boone Pickens recently released a new video outlining his plan, and mentions that he sees a world with multiple energy types for transportation. This made me think and as I thought about this it began to make more and more sense.
We currently have no energy source that is adequate to replace oil, so we will have to use many different energy sources for particular uses. This means, we could end up seeing electric vehicles for in-city driving or local commuting and hydrogen, fossil fuel, and/or alternative fuel vehicles for a multitude of uses. Each energy type will play a role in our future, depending on geological location and vehicle usage. Vehicles that are used for heavy loads may operate on diesel or natural gas, and vehicles that are used for every-day city driving may be electric, hybrids or alternative fuel powered. Using multiple energy sources will complicate the consumers purchasing decisions, because consumers will need to choose vehicles based on energy type and predicted usage.
Our energy future must rely on sources of energy other than oil, and because of this we will see several different energy sources emerge. Consumers will need to have a basic understanding of energy. Energy will play a MAJOR role in the majority of our future decisions. In addition to alternative fuels, I also believe we will see an increase of rail-based transportation being used. Rail transportation is generally energy efficient and relatively convenient. Using energy without thought will become a thing of the past.
Here are my thoughts, i look forward to seeing some of your thoughts/comments below.