History does not follow a straight line, and we forget this at our peril. The internal combustion engine that powered much of the twentieth century will largely disappear in the twenty-first, and while the sources for future supplies of electricity are not well known, electric power will own the future. Some in the United States have rejoiced that the decline of oil and gas will soon mean the end of U.S. interests in the Middle East. It is, in fact, not so simple.
Read Full Article »