Thing is , oil is a finite thing , like it or hate it , its going to run out , and we are not talking 100’s or 1000’s of years either . I wonder if its like the artificially inflated housing market popping ? The cost was artifically inflated , and perhaps , like the housing market , the price is what it should have been all along ? I bet alternative fuels are getting killed right now lol . When I was in Maine , and fuel / heating oil prices spiked to $4 a gallon for the first time ( 2008 ) . People couldnt afford the rise in heating oil , so they went for the pellet heaters for their homes . They are very cheap to run and efficient ………………at the time , the only problem was , there were only two companies in the US that made the pellets . One in Washington state , and the other in Maine . Both companies got caught by surprise , and had to make new mills/factories just to try to keep up with demand . I’m curious how much cheap gas has effected that industry .