It is almost impossible to pick up a newspaper or magazine today without reading something about our global energy crisis. Production fails to keep pace with rising demand-particularly from high-growth markets such as China and India-and prices continue to climb. The notion that speculation in the futures markets is driving up prices is a red herring. At the end of the day, this is a simple matter of supply and demand. What's more, the outlook suggests just how unsustainable an oil-based status quo really is. According to a report from the U.S. Department of Energy, global energy use will increase 50 percent by 2030. Imagine what a gallon of gas will cost then.
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