$5 gas prices in the US – good for the world
Spencer Reiss at Wired thinks high US gas prices is good:
For anyone with a fresh idea, expensive oil is as good as a subsidy – with no political strings attached. Indeed, every extra penny you pay at the pump is an incentive for some aspiring energy mogul to find another fuel.
Be sure to read his list about how higher oil prices will create new new technologies.
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