NightHawk said:Witless? You have nothing other than "it's just gotta be there I know it" What is this magic source of energy? I'm an engineer so I know something about science and your platitudes about renewable energy sources sound nice but ultimately unrealistic. We are not at the "end of days" and Iraq is not the apocalypse. The US leads the world in technology and corn is not the answer. The entire world is working on finding the next answer, as it should be, but for now it's very short-sighted to condone crippling the worlds economic engine because of prehistoric madmen who currently control the worlds energy source because of a simple geographic happenstance.
Here's a bit of recommended reading, an essay by columnist Thomas Friedman that really brings the topic of energy and environment to the quick of the new American Patriotism. Not all conclusive, but it raises the discussion, which is what we really need. Originally run in the NYT, here's a free-to-access transcription:
http://timworstall.typepad.com/timworstall/2006/01/thomas_friedman.html
And here's one mutual fund, whose fund family just got purchased by AIG I think, that offers a sampling of the companies/technologies being developed (a good hedge against traditional energy stocks in a portfolio, too )...
http://www.powershares.com/pbwfund.asp
One last thing, I have great respect for engineers and scientists. My line of thinking goes back to my good friend and former post-college roommate. He occasionaly brought me into his lab and shared bits of his research while he was pursuing his doctorate at University of Chicago in Physical Chemistry. Their main project was one funded by the Dept. of Energy and Dept. of Defense, studying organic compounds photosynthesis capabilities. Seems organic photosynthesis is in the order of 98% efficient, while silicon-based is something like 13% or less. So, they were using lasers and fractional micron sensitive measuring equipment to study the exact chemical processes involved. Seems the military and our governmental agencies see serious merit in the research and its been a big program at several universities for some time (this particular lab was in the early-mid-90s). Feel free to look up some info, I know there are several papers published. Here's an article from last year (my friend did his post-doc at the lab at Berkeley):
http://www.lbl.gov/Science-Articles/Archive/sabl/2005/May/01-solar-to-fuel.html
So, no fantasy here. Just science looking to do something very real and very positive for humanity. I hope that 'market forces' get with it or your and my children and grandchildren will only suffer more of the myriad negative consequences of our dependency on fossil fuels. That's a fact.