, whereas the fast growers (China, India, the Middle East, etc) are energy inefficient 12

, that changes in investment preferences have substantial effects on the market prices of the affected assets. Then, Congress could materially reduce the ability of financial markets to influence oil prices. If oil-producing countries do not take measures to bring down oil prices, a number of market-driven solutions will likely replace internal combustion engine cars in the next couple of decades. The U.S. automotive industry should gear up today to be a market leader in these emerging transportation technologies, Globally, the size of investable funds is so great, and the ability of managers to alter those flows so substantial

B. Joseph, E. Kasputys, ;. Ced), W. Walter, J. S. Williams-;-u et al., Implications of a Weaker Dollar for Oil Prices and the, Financial Energy Markets and the Bubble in Energy Prices: Does the Increase in Energy Trading By Index And Hedge Funds Affect Energy Prices? Executive Summary, Testimony Before the Subcommittee on Oversight and Investigations Of the Committee on Energy and Commerce, 2008.

R. Bamberger, The Strategic Petroleum Reserve: History, Perspectives, and Issues, Specialist in Energy Policy Resources, Sciences, and Industry Division, 2008.

, Technology is also key to oil production from unconventional sources, such as oil sands (Canada, Venezuela, Congo, etc.), oil shale, and deep water drilling, using the most environmentally friendly methods possible