I do see China and India as a major reasons why gas prices will continue to rise. But we cannot forget the impact of a dictator like Chavez, or the Islamo Facists on the price of oil. Our economic growth and national security demand that we take decisve action.
We have to ability in the short term, say 10 years, to reach our energy needs with the resources at home. And over the next decade we can transition to alternative energy sources. But I fear that the left really doesn’t want sensible, rational change. All the want is the ability to use our current energy problems as a political tool to gain power.
We had plenty of warning 30 years ago. The Dept of Energy was formed to develop alternatives, but ended up managing the military nukes. Ten years will do little and we will be descending into darkness, slowly if we're lucky.