Increased diversification of their economies away from oil is an obvious solution but one that is hard to achieve in practice.
It has been rebranded as an effort to create green jobs and end dependence on foreign oil rather than as a solution to climate change.
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Envisioned as an affordable housing solution, each Oil Silo Home is divided into three units that are accessible via a central pneumatic elevator or exterior walkway that wraps around each silo.
The obvious solution was to use oil money to diversify the economy.
One key to Mix finding a solution to stop the oil flow was to calculate how much oil was gushing into the Gulf.
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John McCain touts offshore drilling as a solution to producing more oil, and recently held a press conference on an oil rig in the Gulf of Mexico to make his point.
High installation costs have been the biggest inhibiting factor to the adoption of solar energy in the past, with traditional energy sources like coal and oil being a more cost effective solution.
"If we are to continue economic development and prosperity, we will need to greatly reduce our daily oil consumption, and high-speed rail is the only possible solution that can scale up to meet the growing demand of American mobility while greatly reducing our oil consumption, " said Kunz.
And were there ever -- would a scenario ever arise where it might be -- you might have to stop producing the oil to fix or upgrade or whatever the solution down there?
Natural gas also offers a potential solution to our dependence on expensive foreign oil to power our automobiles.
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Thus, without even considering the technological advancements that would be made were oil shale to be returned to, oil shale is a long-term, sensible solution literally right beneath our feet.
The solution to this is free trade in crude oil: some portion of US production should be shipped abroad and replaced with crude of a different grade to make up that optimal mixture.
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We need to diversify our energy sources, because there is no silver bullet solution to these price hikes that we see in oil prices.
Bush has proposed drilling for oil in the Arctic National Wildlife Refuge in Alaska as a solution, but Younts thinks the United States should look elsewhere to solve the problem.
Now, even if we increase domestic oil production, that is not going to be the long-term solution to our energy challenge.
And investors and policy wonks alike are trumpeting the corn-based fuel as the solution to climate change and America's dependence on Mideast oil.
Now, the only long-term solution to high energy prices is reducing our dependence on foreign oil and lowering the carbon intensity of our economy.
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Under these circumstances, diversification among such sources is but a stop-gap solution that can, at best, have a temporary effect on oil supply and, hence, on national security.
Boone Pickens has argued for years that natural gas is the best immediately available economic and environmental solution for U.S. energy needs, a bridge over oil and coal to the future when alternative solar, wind, and nuclear power will be ready to take over more of the load.
Oil is getting harder to extract, and ethanol from corn, while a logical solution to the gas shortages of the 1970s, is no longer the best ethanol option.
The good news is that so-called green transportation is a solution to a problem that is more contrived than real given the global oil boom and the emergence of natural gas, not electric motors, as the major alternative to gasoline and diesel.
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The unit is an ideal, lightweight solution for virtually any outdoor environment such as transportation, field services, utilities, oil, gas and other types of mobile applications.
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Meanwhile, George W. Bush , a man who has spent his career in the most unpredictable industries imaginable, oil exploration and baseball, suddenly becomes the advocate of the cut-and-dried machine solution to a complex and subtle problem well beyond the tolerances of the machines in use.
The only long-term solution to this connected set of problems is to reduce the world's reliance on oil.
There's a solution to Iran's looming energy crisis: Bring in foreign capital and technology to boost oil and gas production.
There is a solution to Iran's looming energy crisis: Bring in foreign capital and technology to boost oil and gas production.
He recommends going long crude oil as well, which, on the face of it, should benefit from a short-term solution in Europe, and has the added bonus of unrest between Iran and Israel.
With the oil continuing to leak and as we prepare to celebrate World Oceans Day, ask yourself, what will be your solution?
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Conservation can help, but with oil consumption expected to grow by 60% over the next 25 years, conservation alone will not be a sufficient solution.
In a single year, without any federal funding, the X Prize had identified a problem, incentivized a solution, and produced a more efficient and cheaper technology that more than quadrupled the industry standard for cleaning oil spills.
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