[Harmless Teddy Bear]

Oh yeah. The best part would be watching the futures price of crude drop to about $3.00 bbl.

It wouldn't. Some people are very focused on oil=energy. Of course we use oil for energy but we also use it in so many other ways that even if oil was not used for energy it would not drop to $3.00 a barrel.

Food is packaged in oil, windows are covered in it, it is sprayed on hair, CD's are made of it, computers are made of it, dishes are made of it. If we never used another drop for energy it would still be an oil fueled world.

[sumocide]

If you have a (practically) limitless energy source you can make your own oil from carbon and hydrogen.

[Eagles Talon IV]

But what % of crude is used for heating/transportation? I would venture it is well over 50%. I believe when an alternative energy source to crude becomes available. the middle east won't be able to give away the crude they will be swimming in. It would be in the best interests of the rest of the world to deprive the animals of the oil money they get from us and turn around and spend on ways to destroy us.

If you like stats, this should be interesting.

http://www.gravmag.com/oil.html