How to Live Without Oil – New energy sources and efficiency could make petroleum obsolete.
With prices exceeding $50 a barrel, the world’s oil habit now costs $4 billion a day. Some experts warn that output will soon peak and prices will reach $100, but nobody really knows for sure (94 percent of reserves are owned by governments, which generally keep the data secret). Fortunately, it doesn’t matter: With cheap oil-saving technologies and alternative fuels already at our disposal, the sooner we get off oil, the sooner we’ll start making bigger profits.


