All Posts Tagged With: "cheap energy"
America’s Dependence Upon Cheap Energy
America and the American Empire were build on the back of cheap energy. Now that energy is not at all cheap the empire is running on gas fumes. The growth model has been broken, even if most Americas don’t realize it yet. But they soon will as crude oil prices move even higher.
Just think about how American developed as a nation. The concept of manifest destiny meant that we pushed ever westward, until America controlled all of the vast territory from the Atlantic to the Pacific, from sea to shining sea and beyond as we added Alaska, Hawaii, Puerto Rico, and Guam.
12May2008 | taipan | 0 comments | Continued