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This is the archive for 14 June 2008

Saturday, June 14, 2008

By Jack Z. Smith
McClatchy Newspapers (MCT)

Unless America makes some bold moves, the energy world of the future could be even scarier than today's.

The energy picture is scary and depressing, with the U.S. average price for regular gasoline soon expected to top $4 a gallon _ nearly quadruple the level of less than seven years ago. The days of Tod and Buz merrily cruising Route 66 in their fuel-guzzling Corvette appear long gone.

But the long-term energy outlook perhaps is even more frightening for America, the world's biggest energy consumer and largest importer of oil. Here's why: