Our economy, standard of living, and national security in the U.S. depend on efficient, effective, and affordable autos, trucks, airplanes, and trains. But rapidly escalating oil prices and America’s increasing dependence on expensive oil imports from hostile and politically unstable countries threatens all three. The situation, bad as it is now, will get much worse in the coming years as world oil production declines.
The major mode of transport in the 21st century will be electric autos and trucks, and maglev (Magnetic Levitation). Oil-fueled autos and trucks will become as obsolete as coal-fired trains are today.
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