http://www.city-data.com/forum/6960665-post1.html
It's more dire that we realize.
If one takes a sober, and frank analysis of the situation, it is a blessing for GM and the American automobile industry to disappear. The age of cheap and plentiful oil ended for America in 1970s. That fact has not changed the mindset of the addicted masses, and the politicians are loathe to really lead the nation to the detox center.
Before petroleum's rise, there were boats and railroads.
After petroleum's demise, there will be boats and electric railroads.
I hope it doesn't require the sudden elimination of imported oil (about 70% of America's consumption) to initiate the massive change required for 21st century America.
But the clock is ticking.
And, no, we can't "drill our way out of the mess"
In 2007 consumption rates
1 million barrels of oil = one hour U.S. consumption
1 billion barrels of oil = one month U.S. consumption
1 trillion barrels of oil = one human lifetime ...
The ANWR field in Alaska, for example, has about 20 billion barrels, or 20 months of supply for the U.S.
Unless there is some dramatic technological breakthrough the only viable option for mass transit in the U.S.A. is electric powered rail - streetcars, interurbans, subways, funiculars, and all other forms.
America once built 500 electric streetcar systems in less than 20 years (1890 - 1910). Streetcar / Trolley tracks reached 34,404 miles by 1907. The interurban electric railways for the entire country totaled approximately 18,000 miles by 1917. Most cities and towns of 25,000 or more got a non-oil electrical transportation system. The U.S.A. did this with a population of less than one-third of today's, approximately 3% of today's GNP, and relatively primitive technology. It was reported that one could travel from Maine to the Rockies without ever leaving the electric powered rail network (not mainline railroads - steam powered).