What would happen if the United States became independent of oil?

What would happen with the middle east and the world in general if the USA advanced with alternative fuels, electric cars, etc. and only needed our own domestic resources of oil to fill the gap? Would there be chaos? Peace? Would the rest of the world hate us even more? The opposite?What would happen if the United States became independent of oil?
World Peace maybe?





Plus, I think that most Americans wouldn't struggle as hard as we've been economically.





Wow, what a concept : Independent of oil.





Great question, man.What would happen if the United States became independent of oil?
I think that if the U.S. became completely independent of oil our country would progress at an unbelievable rate. As much trouble as foreign oil has caused us, it would be wonderful if we could just forget about the oil. On the other hand, the other countries could possibly progress with all of the extra oil, leaving us in the dust. Also take into account that the government funds would drop after the public stopped paying the rediculous oil prices.
There is alot more going on with that topic so much you could write a book about it here. With out really getting into it many of the technologies need for that have already been in existence for awhile now. The harder question and answer is why haven't we already began the process
Our economy would be awesome..Ditch your SUVs buy a hybred or electric car. Start solar panelling your property ....
we tried, bushco killed the electric car in cali.
The sheiks in the Mideast would go back to herding goats. Our life would continue better, cleaner, and wealthier than before.


The technology replacing oil would be a HUGE boon in business for those getting themselves involved.
liberals would then start accusing US of severing trade ties with the middle east.
the world would progress further i think. european nations would follow resulting in arab nations to have to keep up... leading us into a new age of technology
The very first thing that would happen is that stock market would crash (since oil futures are publicly traded commodities), next a few world economies would fall because the price would fall so much that China and India would be getting it for practically nothing...





Iran, all of the UAE, and possible Canada would instantly go into a recession...





And eventually that would come back to us. Like it or not, the world markets are all related...





And, and don't forget about 401(k)s... Since most brokerage houses and money management firms in the US own oil... Your retirement will become pretty much worthless... Oil drives a lot more than our cars and food trucks!





You people should study!