How would cheaper energy affect our lives?

Question

If we had access to a cheaper source of energy than petrol, how would it affect the world economy and our everyday lives?

Answer 1

Oil companies would stop robbing us blind, for one thing. They would have to learn to compete with the cheaper forms of energy. We'd have more money left at the end of the week, groceries would go down because the price for shipping would go down and things would be a lot better all around, except for people like George Bush and Dick Cheney who would stop making millions a year in oil profits, lol.

Answer 2

omg - maybe we would contribute to better education or health care, who knows but those ideas can't hurt, and the worlds economy is affected by way more than our energy sources. the main causes of the worlds troubled economy are greed, fear of never having enough and egotism.

Answer 3

Recycling could have very vast result on our lives. If we recycle each and every of the aluminum beverage cans, the skill this is kept can remove darkness from thousands and thousands of houses already. The cost reductions in the gas can placed the expenses of the fuels down. Having less expensive fuels will be very constructive to us. this is in simple terms recycling of aluminum. If we recycle all our glass boxes and newspapers, we are able to seriously decrease the expenses of gas because we keep skill when we recycle. we do not deplete as a lot skill as when we manufacture new issues consisting of up to date aluminum cans and new glass boxes.

Answer 4

It would allow the economy to expand. There would be more short-term prosperity. People would be warmer in winter.

Answer 5

oil would go out of business, many car companies would too until they can adapt to the new source...

Answer 6

We'd save money

Answer 7

People would just waste more of it.